Loom Solar Crosses Rs 10 Billion Turnover Mark
POWER & RENEWABLE ENERGY

Loom Solar Crosses Rs 10 Billion Turnover Mark

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code