SOLARWORLD ENERGY SOLUTIONS LTD. IPO
Incorporated in 2013, SolarWorld Energy Solutions Limited, is a solar energy solutions provider specializing in engineering, procurement, and construction (EPC) services for solar power projects.
Business Models:
The company offers solar solutions through two models:
Capital Expenditure (CAPEX) Model:
Provides end-to-end solar project solutions, including design, installation, setup, and commissioning.
The ownership of the project remains with the customer.
Renewable Energy Service Company (RESCO) Model:
Customers can adopt solar power without any upfront investment.
Helps businesses reduce their carbon footprint with minimal financial burden.
On May 14, 2024, SolarWorld Energy Solutions Limited entered into an equity cooperation agreement with ZNSHINE PV-Tech Co. Ltd., a Bloomberg NEF tier-1 solar panel supplier from China. This partnership aims to establish a solar panel manufacturing facility.
The company's customer base includes SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.
As of July 31, 2025, the company had 277 employees.