Loom Solar | Solar Panels, Batteries & Inverters India

Loom Solar | Solar Panels, Batteries & Inverters India

Sustainable Development Goals

SDG 13 – Climate Action, SDG 7 – Affordable and Clean Energy, SDG 9 – Industry Innovation and Infrastructure

Company Overview

Loom Solar Pvt. Ltd. is an Indian manufacturer of solar power generating equipment, producing solar photovoltaic panels, lithium-ion batteries, and on-grid and off-grid inverters. The company was founded in 2018 by brothers Amol Anand and Amod Anand and is headquartered in Faridabad, Haryana.

The company operates two manufacturing facilities in Haryana with a combined production capacity of 300 MW, along with six warehouses across India. It is developing an additional 1.2 GW solar module manufacturing facility, planned for commissioning in FY27.

Loom Solar sells directly to residential, commercial, industrial, agricultural, and institutional customers through a distribution network of more than 10,000 resellers spanning over 500 districts in India, alongside e-commerce channels including its own website, Amazon, and Flipkart. Its products are also exported to more than 10 countries, with reported reach in North America, Europe, and other regions.

The company has been profitable and bootstrapped since inception, supplemented by external funding raised in 2023. Loom Solar has been registered as an approved vendor under the Government of India’s PM Surya Ghar: Muft Bijli Yojana rooftop solar subsidy scheme across all Indian states, and its products are listed under the government’s Approved List of Models and Manufacturers (ALMM). As of March 2026, the company reported having crossed 100,000 customer installations.

Why These SDGs Matter

SDG 7 is directly relevant because Loom Solar’s core business is manufacturing and distributing solar panels, batteries, and inverters that generate and store renewable electricity for homes and businesses, expanding access to affordable, clean power, including in areas with limited grid infrastructure. SDG 9 applies because the company operates domestic manufacturing facilities in India, is expanding production capacity through a new 1.2 GW facility, and invests in in-house research and product testing, contributing to industrial capacity and technological development in the renewable energy sector. SDG 13 is relevant because solar power generation and battery storage displace reliance on fossil-fuel-based grid electricity, supporting the transition to low-carbon energy sources at the household and small-business level.

Products & Services
  • Monocrystalline and Mono PERC solar panels (10W to 750W)
  • Bifacial solar panels (Shark series)
  • N-Type TOPCon solar panels
  • Lithium-ion battery energy storage systems (1 kWh to multi-megawatt-hour)
  • On-grid and hybrid solar inverters (3 kW to 50 kW)
  • Solar charge controllers
  • Solar panel mounting stands and structures
  • DC wires and balance-of-system components
Business Challenges Solved
  • High household electricity bills from grid dependence
  • Limited access to reliable power in remote or under-grid areas
  • Complex navigation of government solar subsidy schemes
  • Fragmented sourcing of solar system components
  • Need for domestically manufactured, ALMM-compliant solar equipment
  • Energy storage gaps for consistent power supply
  • Long delivery timelines for solar equipment procurement
Approach & Methodology

Loom Solar operates as a vertically integrated manufacturer, producing solar panels, batteries, and inverters across two in-house manufacturing facilities in Haryana rather than relying solely on third-party production. The company maintains an in-house research and development function that tests products before they proceed to installation, and its manufacturing and quality processes are certified to ISO 9001:2015, with products manufactured in adherence to Bureau of Indian Standards (BIS), International Electrotechnical Commission (IEC), and Ministry of New and Renewable Energy (MNRE) guidelines.

Its go-to-market approach combines a large offline reseller network of more than 10,000 dealers across over 500 Indian districts with a direct e-commerce channel through its own website and third-party marketplaces such as Amazon and Flipkart, a structure that has supported its classification as a direct-to-consumer (D2C) brand. The company has registered as an approved vendor on the government’s PM Surya Ghar portal, integrating product selection, installation, and subsidy access into a single customer journey for rooftop solar buyers.

Product development has centered on incremental technology upgrades within established solar cell technologies, including half-cut Mono PERC cells, bifacial panel designs, and more recently N-Type TOPCon panels, aimed at improving efficiency and low-light performance. The company has described its operating model as bootstrapped and consistently profitable, funding manufacturing capacity expansion from operating cash flow supplemented by external investment.

Market Position

Loom Solar operates in India’s residential and small-commercial rooftop solar equipment market, positioning itself as a domestic manufacturer serving cost-sensitive customers, including those in tier 2 and tier 3 cities and rural areas, alongside residential, MSME, commercial, and agricultural buyers. Its primary customers purchase through its reseller network or e-commerce channels rather than through large utility-scale procurement, distinguishing it from EPC-focused or utility-scale solar players. The company has been ranked among India’s fastest-growing direct-to-consumer brands by Inc42, reflecting revenue growth driven by its combined offline and online distribution model. Reported industry rankings place it among a large group of active Indian solar equipment manufacturers and resellers, alongside larger integrated players.

Procurement Considerations
  • Confirm current ALMM (Approved List of Models and Manufacturers) listing status for specific product models
  • Verify applicable warranty terms, which vary by product (panels reportedly carry up to 25–30 year warranties)
  • Check compatibility of panel voltage and battery specifications with existing or planned inverter systems
  • Confirm eligibility and application process for government subsidy schemes such as PM Surya Ghar
  • Assess after-sales service and installation support availability in the buyer’s region
  • Verify current ISO 9001:2015 certification status and product-level BIS/IEC compliance
  • Evaluate delivery timelines, which the company has stated as approximately 3–7 days within India
  • Review return, exchange, and cancellation policies for direct purchases

Funding, Recognition & Ecosystem
  • Raised $2 million in funding from Social Investment Managers and Advisors (SIMA) in January 2023, under the Energy Access Relief Fund supported by the World Bank Group, U.S. International Development Finance Corporation, British International Investment, and FMO
  • Ranked 5th on Inc42’s FAST42 D2C Edition 2023 list of India’s fastest-growing direct-to-consumer brands
  • Named among India’s Fastest Growing D2C Brands in 2024 by Inc42
  • Recognized as a startup by the Government of India
  • Registered as an approved vendor across all Indian states under the PM Surya Ghar: Muft Bijli Yojana national rooftop solar portal
Natnavi Analysis

Loom Solar represents a notable case of a domestically manufactured solar equipment brand scaling primarily through direct-to-consumer channels rather than traditional EPC or utility contracts. Its dual focus on manufacturing capacity and last-mile distribution, spanning a 10,000-plus reseller network alongside e-commerce, has allowed it to reach smaller cities and rural markets that larger, utility-focused solar manufacturers have been slower to serve.

The company’s reported financial trajectory, including a near three-fold revenue increase in FY24 to over Rs 150 crore and a tripling of net profit, alongside its stated bootstrapped and profitable status, suggests a business model that has scaled without heavy reliance on external capital, a departure from the funding-intensive growth patterns common among Indian clean-energy startups. Its recent empanelment under the PM Surya Ghar scheme and crossing of 100,000 customer installations point to growing integration with India’s national rooftop solar subsidy infrastructure.

Potential limitations for procurement teams to weigh include the company’s relatively narrow certification portfolio, limited to ISO 9001:2015 among internationally recognized sustainability or quality standards commonly held by larger manufacturers, and a product mix concentrated in smaller-scale residential and commercial systems rather than utility-scale deployment. As the company expands into a larger 1.2 GW manufacturing facility, its ability to scale quality control and export operations proportionally will be a relevant factor for larger procurement decisions.

Founded: 2018
Company Stage: SME
Headquarters
Faridabad, Haryana, India
Geographic Presence
Loom Solar’s primary operations and manufacturing are based in Faridabad, Haryana, India, with distribution reaching over 500 districts across the country through more than 10,000 resellers. The company exports its products internationally to more than 10 countries, with reported distribution activity extending to North America, Europe, and parts of Africa and South Asia through online marketplaces and direct sales channels.
Solution Type
Equipment Supplier, Manufacturer
Sustainability Outcomes
Carbon Reduction, Climate Resilience, Energy Efficiency, Renewable Energy Adoption
Industries Served
Agriculture & Food, Commercial Buildings, Construction & Real Estate, Energy & Utilities, Government & Public Sector, Manufacturing
Certifications: ISO 9001

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