Loom Solar, an emerging solar technology firm under Govt. of India’s Start Up India initiative, has hit the milestone of deploying rooftop solar solutions for over 50,000 customers across India within four years of its operation.
Speaking to pv magazine, Loom Solar co-founder and director Amol Anand said, “Loom Solar has majorly deployed rooftop solar solutions on homes in the states of Punjab, Haryana, UP, West Bengal, Odisha, Rajasthan, Maharashtra, Tamil Nadu, and Kerala. Southern India is seeing more inclination towards offgrid as compared to Northern India.”
The company has seen an uptake in Shark bifacial solar panels for their efficiency and latest technology across geographies. The Shark series bifacial panels use sixth-generation (PID-free) mono PERC solar cells from Germany. The nine-busbar panels for rooftop solar projects provide a power output ranging from 440W to 530W with a power conversion efficiency of 20-21%. The rear side gain is up to 20%, leading to 530W output.
Loom Solar estimates its overall rooftop solar installations have the potential to reduce 3.32 lakh tonnes of carbon footprint considering the PV panels’ lifetime at 25 years.
Citing the 50,000 residential solar rooftops milestone, Amod Anand, co-founder & director, Loom Solar, said, “We are humbled and thank our 50,000 customers who have chosen to adopt solar power to give it back to nature. This gives us an opportunity to develop more energy-efficient systems thereby increasing the overall capacity of power per square meter for the solar panels. We shall keep introducing innovative and technologically advanced products for our customers.”
To further promote the adoption of solar power solutions, Loom Solar has also introduced loan assistance on an EMI basis for its customers.
Headquartered in Faridabad, Haryana, Loom Solar is one of the fastest evolving solar-technology start-up that continues to innovate in residential solar space. Founded in 2018 with a modest seed capital of INR 50,000, it is now an INR 100 crore enterprise that has kept itself ahead of the curve by introducing products like mono solar panels, grid-connected AC modules, Shark bifacial panels, etc. Loom Solar offers solar panels from 10 watts to 530 watts and also has a manufacturing unit in Haryana. The company has a presence across 500 districts with over 3,500 resellers. Its products are also easily available on eCommerce platforms such as Amazon, Flipkart, and www.loomsolar.com
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