Solarworld Energy Solutions Ltd Company Summary

Solarworld Energy Solutions Limited was originally incorporated as Solarworld Energy Solutions Private Limited dated July 17, 2013, issued by the RoC. Subsequently, status of the Company was converted from Private to a Public Company, following which the name changed to Solarworld Energy Solutions Limited and a Certificate of Incorporation was issued by the RoC on September 23, 2024.The Company is engaged in the design, engineering, procurement, construction, operation and maintenance of solar power generating system and battery energy storage projects. The Company has strengthened its presence across solar EPC and battery energy storage systems (BESS).

The Company commenced operations in 2013, in providing a complete and cost-effective solutions for the installation of solar power projects , which comprise public sector undertakings (PSUs) and commercial and industrial clients (C&I) .Since incorporation it has developed, constructed, and operated a range of rooftop solar projects and ground-mounted solar projects under both CAPEX and RESCO models. The Company completed the first 500 KWp Solar Power Plant in Noida in year 2014; it completed 10 MW grid connected Solar Power Plant in Telangana in 2015; expanded to Rajasthan and Haryana and further reached to Uttarakhand, New Delhi and Himachal Pradesh in 2017. It further commissioned first 10 MW AC / 14 MW DC ground mount solar capacity project in 2020 and completed 75 MW / 105 MW DC for SJVN Green Energy Limited in 2023.

The Company in August 2024, completed Projects with a total capacity of 253.67 MW AC/ 336.17 MW DC. It entered into an agreement with ZNSHINE PV-Tech Co. Ltd., supplier from China, dated May 14, 2024, for establishing a solar panel manufacturing plant.

The Company came up with the initial public offer aggregating an issuance of 13,960,113 equity shares of face value Rs 5 each, by raising Rs 490 Crore, comprising a fresh issue of 12,535,612 equity shares amounting to Rs 440 Cr and the offer for sale of 1,424,501 equity shares amounting to Rs 50 Cr in September, 2025.The Company has established a modern manufacturing facility at Haridwar, Uttarakhand for manufacturing tunnel oxide passivated contact (TopCon) solar modules with an annual capacity of 1.2 GW in 2025.The Company commissioned its 1.55 GW solar module manufacturing plant in Roorkee in FY 2026.