VMPL
Ahmedabad (Gujarat) [India], July 2: Solaryaan has unveiled Solaryaan 2.0, marking a significant milestone in its growth journey as it evolves from a solar inverter-focused company into a comprehensive energy solutions provider. Backed by a growing national footprint, a target of ₹1000 crore revenue by FY29 and plans to expand across 15+ states, the company is strengthening its focus on hybrid energy solutions, battery storage systems, and integrated energy technologies to support India's clean energy transition.
The announcement comes on the back of strong business momentum, with the company having powered over 500,000 solar installations across India in the last financial year. With a strong presence in Gujarat and a growing footprint across Maharashtra, Uttar Pradesh, Rajasthan, Madhya Pradesh, Punjab, Karnataka, Tamil Nadu, Kerala, Haryana, Delhi - NCR, Bihar, West Bengal; Solaryaan is entering its next phase of growth focused on expanding market reach, strengthening partner networks, and building future-ready energy solutions.
As India moves towards greater energy independence, consumers are increasingly seeking integrated solutions that enable them to generate, store, and manage their own power. In response to this shift, Solaryaan is expanding beyond solar inverters into a broader clean energy ecosystem.
Under Solaryaan 2.0, the company will drive future growth through three strategic business pillars Grid-Tied Inverters (GTi), Hybrid Energy Solutions, and Battery Energy Storage Systems (BESS). These focus areas are designed to address the growing demand for reliable power, energy storage, self-consumption, and intelligent energy management.
Commenting on the company's next phase of growth, Manoj Patel, Founder & CMD, Solaryaan shared, "Over the past six years, Solaryaan has built a strong foundation through reliable solar inverter solutions. As India's energy ecosystem evolves, we see significant opportunities in hybrid energy and storage technologies. Solaryaan 2.0 reflects our ambition to become a comprehensive energy solutions partner for homes, businesses, and industries while contributing meaningfully to India's energy independence journey. As we enter the next phase of our journey, our focus is firmly on scale, innovation, and market expansion. We are targeting ₹1000 crore in revenue by FY29 while strengthening our presence across more than 15 states and doubling our EPC partner network"
The company currently works with more than 2000 EPC partners in Gujarat and plans to further strengthen its channel and service ecosystem across key solar growth markets. It is also investing in product innovation, customer support infrastructure, and next-generation energy technologies to support long-term growth.
The launch also introduces a refreshed corporate identity that reflects the company's broader vision and future aspirations. Inspired by the sun and designed around nine spokes representing the nine letters of Solaryaan, the new logo symbolizes energy, progress, movement, and growth. The rocket element from the company's legacy identity has been retained to honour its entrepreneurial roots and spirit of innovation.
Speaking on the company's future roadmap, Shalin Botadra, Co-Founder & JMD, Solaryaan, said, "Solaryaan 2.0 reflects our commitment to scaling with India's growing renewable energy market while creating long-term value for customers, partners, and stakeholders. As we expand across the country, our focus remains on building a future-ready organisation driven by innovation, quality, and service excellence."
Chirag Patel, CEO, Solaryaan, "At the heart of Solaryaan 2.0 is MANSHA (Intent)--our value framework inspired by the names of our founders, Manoj Patel and Shalin Botadra. Built on Manufacturing Excellence, Assurance of Quality, Nation Building, Service Excellence, Humility, and Accountability, MANSHA guides our culture, decisions, and long-term growth. We believe India's clean energy future lies in integrated energy ecosystems that combine solar, energy storage, and intelligent energy management. Solaryaan is committed to delivering future-ready solutions that enhance energy independence, reliability, and sustainability for our customers."
With a strengthened product portfolio, growing national presence, and a future-focused strategy, Solaryaan aims to play a larger role in accelerating clean energy adoption across residential, commercial, and industrial sectors while contributing to India's renewable energy ambitions.
About Solaryaan
Founded in 2019, Solaryaan is a clean energy technology company offering Solar Inverters, Hybrid Energy Solutions, Battery Energy Storage Systems (BESS), EV Chargers, and Energy Management Solutions. Having powered more than 500,000 solar installations across India, the company is committed to accelerating the nation's clean energy transition through innovation, quality, and service excellence, guided by its purpose of Empowering a Billion Lives with Clean Energy.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
