Loom Solar has crossed an annual turnover of Rs 10 billion, marking a major milestone for the Faridabad-based solar manufacturer since its inception in 2018.

Founded as a bootstrapped venture focused on improving energy access in rural and Tier-3 regions, the company has expanded its portfolio to include SHARK bifacial, TOPCon and HJT solar modules, CAML battery energy storage systems and FUSION hybrid inverters, all manufactured in India.

Loom Solar currently operates integrated facilities for solar modules, inverters and storage systems certified under ALMM, BIS, IEC and ISO standards. The company plans to achieve manufacturing capacities of 1.2 GW for solar panels and 1 GW for inverters by 2026.

With more than 300 employees, six regional warehouses and a network of over 15,000 channel partners and 500 distributors, the company has established a nationwide presence and exports to 11 countries. Having served more than one lakh customers, Loom Solar now aims to install solar modules and battery energy storage systems in over one million homes by 2030, aligning with the Government of India’s PM Surya Ghar Muft Bijli Yojana and PM-KUSUM programme.