Loom Solar eyes Rs 100 crore turnover by FY21
The monocrystalline solar panel and AC module maker, has, on average, achieved a ten times revenue growth year-on-year since its inception. It now aims to generate over Rs 100 crore revenue by the end of FY 2021—a 300% increase within a year.
Most module makers willing to kickstart cell production—Loom Solar founder
As importing solar cells becomes costlier and time-consuming in the Covid-19 scenario, most of the module manufacturers in India are eyeing solar cell production—says Loom Solar co-founder and director Amol Anand in an interview with pv magazine.
Covid-19: The going gets tough for solar manufacturers
Solar season had already started in the month of March. The demand for solar consumption is the highest during April-June quarter as summer picks up. This is the time when factory runs with full efficiency. India was estimated to install nearly 8 GW of solar panels in 2020, in which 90% consumption happens in utility-scale […]
Loom Solar wins the ‘Fastest Growing SMB of the Year’ award at Amazon SMBhav 2020
The monocrystalline solar panel manufacturer aims to reach 100 million customers and achieve Rs 100 crore revenue by FY 2020-21.
Loom Solar launches IoT based AC modules
The emerging startup has become the second Indian module manufacturer to launch AC panels integrated with Enphase microinverters, after Waaree announced its partnership with Enphase in 2007.
