Loom Solar, India's Perennial Solar Startup, Crosses Rs 1000 crore Milestone – Saur Energy

0
By clicking the button, I accept the Terms of Use of the service and its Privacy Policy, as well as consent to the processing of personal data.
Don’t have an account? Signup
Powered by :
Loom Solar (Loom), one of India’s fastest-growing solar manufacturers, has announced it has crossed the significant financial milestone of ₹1,000 crore in annual turnover in Fy 26.  It’s a remarkable achievement considering the route the firm took, starting from serving customers in rural and Tier 3 towns of India to staying bootstrapped all through the journey. SaurEnergy has tracked that journey too, seeing the firm rise from a scrappy startup with smart digital marketing to a more mature firm that still picks the unconventional road to success.  
Today, the firm is a nationally recognised solar solutions brand with presence across rooftop, commercial, and utility-scale segments. In under eight years, Loom Solar has built a product portfolio spanning high-efficiency solar modules (SHARK Bifacial, TOPCon, HJT), the CAML BESS (Battery Energy Storage Systems), and FUSION Hybrid Inverters, all designed and manufactured in India according to its release.
Reflecting on the milestone achievement and expressing his delight, Amod Anand, Co-Founder and Director, Loom Solar, said, “When we founded Loom nearly eight years ago, solar energy in India was largely confined to select urban pockets and a limited set of government-driven projects. Awareness was low, distribution infrastructure was nascent, and policy focus had yet to extend to the vast majority of the country. The rural population — particularly those in villages and Tier-3 cities — desperately needed reliable, affordable energy, but the ecosystem to deliver it simply did not exist. That gap is what drove us. Today, crossing ₹1,000 crore in turnover is not just a business milestone; it is proof that the vision of democratising solar energy in India was right all along.”
The ₹1,000 crore milestone reflects Loom Solar’s consistent investments in manufacturing capacity, distribution depth, and product-led innovation. The company today operates integrated production facilities for PV modules, inverters, and storage systems — all certified under ALMM, BIS, IEC, and ISO standards — and is on track to achieve a manufacturing capacity of 1.2 GW for solar panels and 1 GW for inverters by CY 2026.
Backed by a team of over 300 skilled professionals, Loom Solar’s pan-India footprint spans six regional warehouses in Mumbai, Chennai, Kolkata, Lucknow, and two in Faridabad, supported by 15,000+ channel partners, 500 distributors, and dedicated service teams. The company has also expanded globally, exporting to 11 countries, with one of the fastest delivery commitments in the industry.
“Innovation has always been the defining force behind Loom Solar. Over the past eight years, we have consistently introduced technologies and product categories that were entirely new to the Indian market. Our evolution — from first-generation mono modules to advanced TOPCon and HJT solar panels, integrated BESS, and Fusion Hybrid Inverters — closely mirrors India’s own solar transformation: from a nascent, project-driven sector to a mature, consumer-led industry. This is the result of our team’s relentless pursuit of excellence and our customers’ trust in the Loom Solar promise.” Amod added further.
Vision 2030: Powering Over One Million Homes
With the ₹1,000 crore mark achieved, Loom Solar now sets its sights firmly on 2030. The company’s stated ambition is to install solar modules and battery energy storage systems in more than one million homes across India — a goal that aligns closely with the Government of India’s PM Surya Ghar Muft Bijli Yojana and PM-KUSUM programme.
Challenges Ahead 
With growth dependent on internal accruals and some debt capital, Loom Solar retains the essence of a startup that has never stopped growing, but faces some serious existential questions yet again. The lack of a cell manufacturing setup risks straining the firm as it seeks to grow beyond Fy 27, with the market for fund raising not as hot as it was 18 months ago. But the firm’s founders have never been known to look back in regret, and we can be sure they will be pushing the limnits yet again to not just survive, but outgrow the industry as well. 
We are India’s leading B2B media house, reporting full-time on solar energy, wind, battery storage, solar inverters, and electric vehicle (EV)
Quick Links
© 2025 Saur Energy. All Rights Reserved.

source

This entry was posted in Renewables. Bookmark the permalink.

Leave a Reply