What InSolare does

InSolare Energy Limited is an India-headquartered renewable energy EPC company founded in 2009 by IIT Bombay alumni Dr. Sunit Tyagi and Dr. Hemanshu Bhatt, operating across solar, wind, battery energy storage, and emerging hydrogen/ammonia verticals. Its core technology stack spans utility-scale solar parks (ground-mounted, canal-top, floating, and rooftop), single-axis tracker and thin-film module deployment pioneered in 2009, in-house solar PV module manufacturing, and grid-scale battery energy storage systems, with the most recent build-out centered on AEM electrolyzer manufacturing under technology transfer from Versogen and PEM-based green hydrogen projects alongside Ohmium and NLC India. The business is project-based: InSolare wins competitive tenders (notably from SECI) for utility-scale solar, BESS, and green ammonia offtake, and directly engages commercial and industrial clients in cement, IT, data centers, steel, chemicals, and infrastructure for solar EPC and OPEX/CAPEX solar procurement, with recurring revenue from long-term O&M services on commissioned assets. The company is ISO 9001/14001/45001/50001 certified, holds PLI/SIGHT allocations across all three green hydrogen categories, and executes from offices in Ahmedabad (HQ), Bangalore, Mumbai, and New Delhi with a 200+ employee engineering team.

Name

InSolare

Legal name

InSolare Energy Limited

Website

https://insolare.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

251–500 employees

Short description

InSolare Energy Limited is an India-based renewable energy EPC company delivering utility-scale solar, battery storage, and green hydrogen/ammonia projects to government entities and commercial-industrial clients across 18+ Indian states.

Ownership category

akta.pro rank

Product category

Renewable Energy EPC

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Hybrid Renewable + Storage Plant Integration (Solar+Storage, Wind+Storage) (EUAEAEAE), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ)

Keywords

• Solar EPC services
• Renewable energy projects
• Green hydrogen production
• Battery energy storage
• Solar PV manufacturing

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Solar and Hybrid EPC Project Execution: Engineering, procurement, and construction of utility-scale solar parks, ground-mounted, rooftop, canal-top, and floating solar installations for commercial, industrial, and government clients. Revenue recognized on a per-project EPC contract basis.
2. Solar PV Module Manufacturing: In-house solar PV module manufacturing capabilities, producing modules for use in company's own EPC projects and potentially for third-party sale.
3. Battery Energy Storage System (BESS) Projects: Design, engineering, construction, commissioning, and 5-year comprehensive O&M of grid-scale BESS projects awarded by SECI and other government entities.
4. Green Hydrogen and Ammonia Production: Green hydrogen production via electrolyzers and green ammonia supply agreements. Includes a $398 million GAPA with SECI for 85,000 MTPA green ammonia supply, and electrolyzer manufacturing for domestic production under India's SIGHT/PLI scheme.
5. Operations & Maintenance (O&M) Services: Long-term O&M services for solar plants and BESS projects post-commissioning, including asset management and performance monitoring.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

InSolare Energy Limited is a renewable energy Engineering, Procurement, and Construction (EPC) company that delivers end-to-end solar power projects including ground-mounted, rooftop, canal-top, and floating solar installations for utility-scale, commercial, and industrial clients in India. The company has vertically integrated into solar PV module manufacturing and expanded into battery energy storage systems (BESS), green hydrogen and ammonia production via licensed electrolyzer technologies, and long-term operations and maintenance services for renewable energy assets.

Product overview

InSolare Energy is a renewable energy EPC (Engineering, Procurement, and Construction) company offering an integrated portfolio of renewable energy solutions. The core offerings include Solar Energy Solutions and Wind Energy Solutions complemented by Operations & Maintenance services for asset management. The company has vertically integrated into Solar PV Module Manufacturing and expanded into emerging clean energy technologies including Green Hydrogen (with AEM and PEM electrolyzer partnerships), Energy Storage Solutions (BESS), and Green Ammonia production. The product architecture spans the entire clean energy value chain from development and manufacturing to deployment and long-term asset management.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Energy EPC Solutions
• Wind Energy Solutions
• Battery Energy Storage System (BESS)
• Green Hydrogen Production
• AEM Electrolyzer Manufacturing
• Green Ammonia Supply
• Solar PV Module Manufacturing
• Operations & Maintenance (O&M) Services

Quantifiable outcome

• Up to 25% higher energy productivity compared to standard crystalline modules with fixed tilt mounting, achieved through thin-film technology and advanced tracker design
• +2 more outcomes

Named customers19 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core / flagship, strategic and minor.

• Ohmium Internationalcore / flagshipStrategic or Co-development Partner · 1 June 2026Partnership with US-based PEM electrolyzer manufacturer Ohmium International and NLC India Limited to develop a 4 MW green hydrogen project at Neyveli, Tamil Nadu. Ohmium provides PEM electrolyzer technology while InSolare contributes EPC expertise. Project expected to produce up to 700 metric tonnes of green hydrogen annually for power generation, industrial operations, and mobility applications, aligned with India's National Green Hydrogen Mission.
• SCC Infrastructure Private Limitedcore / flagshipStrategic or Co-development Partner · 13 April 2026Consortium partnership between InSolare Energy and SCC Infrastructure Private Limited for execution of Green Ammonia Purchase Agreements (GAPA) with SECI. Projects involve an estimated investment of INR 3,700 crore (~USD 398 million) for supply of 85,000 MTPA of green ammonia under India's National Green Hydrogen Mission, executed through Special Purpose Vehicles (SPVs) across two distinct projects.
• CSIR-SERC (Council of Scientific and Industrial Research - Structural Engineering Research Centre)strategicTechnology or Integration · 16 February 2026MoU signed on February 16, 2026 for comprehensive testing, technical evaluation, validation, and analytical support for InSolare's renewable energy systems including solar, hybrid, and hydrogen installations. The partnership embeds rigorous scientific scrutiny and engineering validation into InSolare's development lifecycle before large-scale deployment, strengthening structural integrity and safety as India scales its clean energy infrastructure.
• Versogen Inc.core / flagshipStrategic or Co-development Partner · 4 February 2026Technology transfer and strategic collaboration to jointly develop and commercialize advanced Anion Exchange Membrane (AEM) stack and electrolyzer solutions for India's green hydrogen ecosystem. InSolare licensed Versogen's stack IP, know-how, and design expertise, with plans to establish a 250-300 MW AEM electrolyzer manufacturing facility in India (scalable to 1 GW), targeting operational status around 2027. The collaboration supports India's National Green Hydrogen Mission target of 5 MMT annual green hydrogen production by 2030.
• Jivan Jyot FoundationminorOthersCSR partnership with Jivan Jyot Foundation (F-5099), an Ahmedabad-based NGO, to scale grassroots programs including access to nutritious food and basic healthcare, vocational training for women, children, and the differently abled, educational support and skill-building initiatives, and community-based sanitation and preventive healthcare programs.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Waaree Energies: Indian solar PV module manufacturer and EPC player with utility-scale and rooftop capabilities. Directly comparable to InSolare across both module manufacturing and solar EPC, with a much larger module capacity and broader international footprint.
• Sterling and Wilson Renewable Energy: One of India's largest solar EPC companies with multi-GW utility-scale execution experience across India and global markets. Closest direct peer to InSolare on solar EPC scale and government-tender exposure.
• Tata Power Solar Systems: Solar EPC and module manufacturing arm of Tata Power, serving utility-scale, C&I, and rooftop segments in India. Comparable to InSolare on integrated module + EPC offering, with stronger parent-company balance sheet.
• Vikram Solar: Indian solar PV manufacturer and EPC provider serving utility-scale, C&I, and rooftop segments. Comparable product portfolio and customer base to InSolare, with module manufacturing scale.
• Fourth Partner Energy: India-focused C&I solar EPC and OPEX solar developer acquired by Suzlon. Closely comparable to InSolare's C&I focus and government/institutional customer mix, including marquee Indian conglomerates.
• AmpIn Energy Transition: India-focused C&I and utility-scale solar EPC and IPP. Direct competitor for InSolare's marquee enterprise customer wins (and listed as a customer in InSolare's data) with overlapping C&I segment focus.

Broad incumbents

• Adani Solar: Solar manufacturing and EPC arm of the Adani Group, one of India's largest renewable energy players. Competes directly in solar EPC tenders and module supply but operates at substantially larger scale with captive financing.
• ReNew Power: India's largest independent renewable energy IPP. Overlaps with InSolare as a customer for solar EPC services but operates as an asset owner/developer at much larger scale than InSolare's EPC focus.
• Greenko Group: Large Indian clean energy IPP with focus on solar, wind, and pumped hydro storage. Comparable to InSolare on the storage/pumped-storage side of BESS deployment but operates as an asset owner rather than EPC.
• Hero Future Energies: Renewable energy IPP and EPC player in India with utility-scale solar, wind, and BESS. Overlaps with InSolare in solar EPC delivery and energy storage, but operates as a developer/asset owner at multi-GW scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/insolare1
• YouTubeyoutube.com/@insolareenergy
• Facebookfacebook.com/insolare-energy-pvt-ltd-237217256356276
• LinkedInlinkedin.com/company/insolare-energy-pvt-ltd-
• Instagraminstagram.com/insolareenergy?igsh=MTc2NzQzNHdqeW0zYw==

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about InSolare