GP Eco-Solutions

Name

GP Eco-Solutions

Legal name

GP Eco Solutions India Limited

Website

https://gpecosolutions.com

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Solar Energy Solutions

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

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

akta.pro secondary industries

Energy Storage Systems (BESS, Flywheels, Batteries) (HDABAKAC), Residential / Behind-the-Meter Storage Installation & Integration (EUAEAEAC), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

Keywords

• Solar energy solutions
• Battery energy storage
• Rooftop solar projects
• RESCO energy services
• Renewable energy manufacturing

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Solar Energy Solutions: The company generates revenue through manufacturing and selling solar inverters and solar panels. Revenue comes from both product sales and long-term energy generation contracts under the RESCO model.
2. RESCO Model - Rooftop Solar Projects: Under the RESCO model, GP Eco Solutions handles complete project lifecycle including design, installation, and 25 years of operation and maintenance. Revenue is generated from electricity tariffs paid by government clients over the contract period without requiring upfront capital expenditure from customers.
3. Waste Management Services: The company also operates in the sustainable energy sector with waste management services as part of its business operations.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

GP Eco-Solutions designs, supplies, and operates solar energy systems including solar panels and inverters, and manufactures battery energy storage systems (LiFePO4 battery packs) through its subsidiary iNVERGY India. The company operates under the RESCO model for government clients, handling the complete project lifecycle from design and installation to 25-year operation and maintenance. Additionally, the company provides waste management services.

Product overview

GP Eco-Solutions operates as a sustainable energy company offering solar energy solutions with a product portfolio that includes solar inverters, solar panels, battery energy storage systems, and integrated storage solutions. The company recently expanded into manufacturing with the commissioning of its Dasna Giga factory, which produces advanced battery systems and solar inverters for residential, commercial, and utility-scale applications. The product line is primarily hardware-focused, encompassing power generation equipment (solar panels, inverters) and energy storage solutions (battery packs, integrated storage systems).

Differentiator

Problem solved

Functional benefit

Brands

• iNVERGY: Battery Energy Storage Systems (BESS) brand under GP Eco Solutions India, operating a Giga Factory in Dasna, Uttar Pradesh manufacturing LiFePO4 battery packs, solar inverters, and integrated storage solutions.

Products and services

• LiFePO4 Battery Packs Lithium iron phosphate (LiFePO4) battery packs manufactured at the Dasna Giga Factory for residential, commercial, and utility-scale energy storage customers. Designed for safety, long cycle life, and integration with renewable energy systems.
• Solar Inverters Grid-tie and hybrid solar inverters manufactured in-house, used as core components of integrated solar-plus-storage solutions for commercial and utility customers.
• Solar Panels (Supply and Installation)

Quantifiable outcome

• 5,665 kW (5.6 MW) rooftop solar capacity awarded across 14 government buildings through SECI competitive auction
• +3 more outcomes

Named customers2 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

Feature1 record

Partnerships

One partnership is on record.

• iNVERGY IndiacoreStrategic or Co-development Partner · 5 June 2026iNVERGY India operates as the manufacturing subsidiary of GP Eco Solutions India, with GP Eco Solutions India owning/operating iNVERGY. The BESS Giga Factory in Dasna, Uttar Pradesh was inaugurated by iNVERGY India under GP Eco Solutions India's strategic growth. The facility manufactures advanced battery systems including LiFePO4 battery packs, solar inverters, and integrated storage solutions with AI-driven battery management systems.

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Waaree Energies: India's largest solar PV module manufacturer and a leading EPC player. Directly comparable to GP Eco Solutions as both supply solar panels/inverters and execute utility-scale and rooftop solar EPC, including government tenders.
• Vikram Solar: Indian solar PV manufacturer and EPC contractor serving utility-scale, rooftop, and C&I segments. Comparable to GP Eco Solutions in module manufacturing plus rooftop/utility-scale solar EPC and competitive bidding for government projects.
• Fourth Partner Energy: Indian C&I and utility-scale solar EPC and PPA operator (now part of Reliance). Comparable to GP Eco Solutions' RESCO-style long-term solar PPA model serving commercial and institutional customers.
• Sterling and Wilson Renewable Energy: Major Indian EPC contractor for utility-scale solar and BESS projects. Comparable to GP Eco Solutions' RESCO/EPC business model and growing storage exposure, though at significantly larger project scale.

Emerging players

• Loom Solar: Indian residential and small commercial solar panel and inverter supplier. Comparable to GP Eco Solutions' downstream solar products business, but focused on the retail/D2C segment rather than RESCO/government.
• Okaya Power: Indian battery and energy storage products manufacturer serving automotive, inverter, and stationary storage markets. Comparable to GP Eco Solutions' BESS/LiFePO4 manufacturing push via iNVERGY India.

Broad incumbents

• Adani Solar: One of India's largest solar manufacturers and a major EPC operator under the Adani Group. Comparable to GP Eco Solutions' solar manufacturing + EPC vertical, but at vastly larger scale and with stronger access to capital and tender pipelines.
• Exide Industries: India's largest lead-acid battery manufacturer, increasingly expanding into lithium-ion and storage. Comparable to GP Eco Solutions' BESS ambitions, though Exide's incumbent scale and distribution create a broad incumbent competitive threat.
• Tata Power Solar Systems: Subsidiary of Tata Power with manufacturing and EPC across solar PV modules, rooftop solar, and storage. Comparable to GP Eco Solutions' integrated solar + storage offering, but with broader portfolio, deeper balance sheet, and the Tata parent brand.
• Amara Raja Batteries: Major Indian battery manufacturer (Amaron brand) building lithium-ion cell and pack capacity. Comparable to GP Eco Solutions' LiFePO4 pack manufacturing ambition, though Amara Raja is targeting cell-level manufacturing at much larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 GP Eco-Solutions