U-Solar Clean Energy
U-Solar Clean Energy is a Bangalore-based solar EPC provider and developer founded in 2010 that delivers customized rooftop, ground-mount, BIPV, and battery-based solar PV systems to industrial, commercial, institutional, healthcare, and government customers across 18 Indian states plus Nepal and Sri Lanka.
- Company typePrivate
- Founded2010
- HeadquartersBangalore, India
- Headcount51–100
- GTM typeB2B
- OfferingServices
What U-Solar Clean Energy does
U-Solar Clean Energy Solutions Pvt. Ltd. is a Bangalore-headquartered solar EPC provider and developer founded in 2010 by K.R. Harinarayan, an IIT Madras and University of Wisconsin-Madison alumnus. The company designs, engineers, procures, installs, and commissions solar photovoltaic systems for industrial, commercial, institutional, healthcare, and government customers across India, with international projects in Nepal and Sri Lanka. Its product portfolio spans on-grid, off-grid, and hybrid rooftop and ground-mount solar PV systems, battery-based storage, solar carports, and Building Integrated Photovoltaics (BIPV), with IoT-based online monitoring supporting ongoing O&M services.
The company offers two primary commercial models: a CAPEX model where customers purchase the system outright (eligible for ~30% government subsidies up to 100 kW and 80% accelerated depreciation in year one), and a BOOT/PPA model where U-Solar builds, owns, and operates the system for 15-25 years, with customers paying only for power consumed. Minimum project size is approximately 100 kW. Sales are driven by direct enterprise field sales augmented by inside-sales inquiry capture (phone, email, solar calculator), content marketing, social media, and active participation in industry events such as SolarQuarter, ET Solar Power Congress, EQSuryaCon, and CII programs. U-Solar is an MNRE-accredited channel partner, holds a Top 15 Solar Vendor Rating in India for rooftop projects (assessed by MNRE, USAID, NREL, and CII-Godrej GBC), and reports 300+ MW installed across 250+ projects and 70+ customers, including Shree Cement, Aster Medcity, Madura Coats, DMart, Toyota Kirloskar, and SDM Trust. The company remains privately held and founder-controlled with no disclosed institutional funding.
U-Solar Clean Energy firmographics
Firmographics- Name
- U-Solar Clean Energy
- Legal name
- U-Solar Clean Energy Solutions Pvt. Ltd
- Website
- https://usolar.in
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- U-Solar Clean Energy is a Bangalore-based solar EPC provider and developer founded in 2010 that delivers customized rooftop, ground-mount, BIPV, and battery-based solar PV systems to industrial, commercial, institutional, healthcare, and government customers across 18 Indian states plus Nepal and Sri Lanka.
- Ownership category
- akta.pro rank
U-Solar Clean Energy industry classification
Industry- Product category
- Solar EPC Services
- NAICS
- Solar Electric Power Generation (221114)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industry
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where U-Solar Clean Energy is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
U-Solar Clean Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- EPC Services (Engineering, Procurement, Construction): U-Solar provides end-to-end EPC services for solar power plant installation including design, engineering, project management, procurement, installation, and commissioning. The company offers both CAPEX (customer-owned) and OPEX/BOOT (Build Own Operate Transfer) models.
- Operations & Maintenance (O&M) Services: Ongoing O&M and asset management services ensure solar plants perform optimally. Includes regular plant upkeep, routine maintenance, performance monitoring, and prompt after-sales services using IoT-based monitoring systems.
- Power Purchase Agreement (PPA) / Non-CAPEX Model: Under the BOOT model, U-Solar builds, owns, operates and transfers solar PV systems. Customers pay only for power consumed at competitive rates under a PPA for 15-25 years. Minimum requirements include CRISIL A rating and 100+ kW system size.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | CAPEX Model - Customer purchases solar system |
| Subscription | Pay-as-you-go | OPEX/BOOT Model - Pay for power only |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
U-Solar Clean Energy product offering
Product offeringCore offering
U-Solar Clean Energy Solutions Pvt. Ltd. is a solar EPC (Engineering, Procurement, Construction) provider and developer that delivers end-to-end customized on-grid, off-grid, and hybrid solar PV systems for industrial, commercial, institutional, healthcare, and government customers. The company designs, engineers, procures, installs, and commissions rooftop and ground-mount solar power plants ranging from 100 kW to multi-MW capacities, and provides ongoing operations and maintenance backed by IoT-based monitoring. Customers can acquire systems through CAPEX (purchase) or OPEX/BOOT (pay for power under a 15-25 year PPA) models.
Product overview
U-Solar Clean Energy is a solar EPC provider and developer offering customized on-grid and off-grid solar solutions. Their portfolio includes rooftop solar PV systems, ground-mount solar plants, battery-based storage systems, solar carports, and Building Integrated Photovoltaics (BIPV). They provide end-to-end services from design and engineering through project management to post-sales operations and maintenance. The company offers two financing models: the CAPEX model for customers who want to own the system outright, and the BOOT (Build Own Operate Transfer) model for those preferring zero upfront investment through power purchase agreements. Additional services include technical consulting, net metering facilitation, and an online solar calculator tool.
Differentiator
Problem solved
Functional benefit
Products and services
- On-Grid Solar Systems
- Off-Grid Solar Systems
- Battery-based Solar PV Systems
- Rooftop Solar PV
- Ground-Mount Solar Plants
- Solar Carports
- Building Integrated Photovoltaics (BIPV)
- Operations & Maintenance (O&M) Services
- Technical Consulting Services
- Net Metering Facilitation
- BOOT (Build Own Operate Transfer) Power Service
Quantifiable outcome
- Up to 30% electricity bill savings through solar offset
- +5 more outcomes
Companies that use U-Solar Clean Energy
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles4 records
U-Solar Clean Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
U-Solar Clean Energy partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Ryse EnergycoreRyse Energy partnered with U-Solar to secure a major project to power Sri Lanka with distributed renewables. This collaboration represents U-Solar's international expansion and strategic partnerships to augment its offerings for Net Zero and RE100 targets.
- MNRE (Ministry of New and Renewable Energy)coreU-Solar is an MNRE-accredited channel partner, enabling them to provide assistance to customers in availing government subsidies and facilitating rooftop solar adoption across India.
- CII (Confederation of Indian Industry)minorU-Solar participates in CII events including CII ChemPharma 2023 and CII Green Power 2023 for industry engagement and market presence.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
U-Solar Clean Energy competitors and assessment
Company assessmentDirect peers
- SunSource Energy: C&I and utility-scale solar EPC player in India with strong PPA financing capability. Comparable to U-Solar in customer segments (industrial, commercial), BOOT/PPA offerings, and pan-India execution model.
- Sterling and Wilson Solar: Large Indian solar EPC company that has commissioned multi-GW of projects across India and international markets. Comparable to U-Solar in turnkey EPC delivery and C&I + utility-scale mix, though operating at substantially larger scale.
- Gensol Engineering: Solar EPC and project advisory firm serving C&I customers in India with turnkey execution and PPA development. Closely comparable to U-Solar in scope of services (engineering, procurement, construction) and target customer base.
- Tata Power Solar Systems: One of India's largest C&I solar EPC operators, offering rooftop and ground-mount solar systems to industrial, commercial, institutional, and government customers. Directly comparable to U-Solar in target market, project size band, EPC delivery model, and financing flexibility.
- Fourth Partner Energy: Acquired by Reliance New Energy in 2022; was India's most direct mid-sized C&I rooftop solar EPC peer. Highly comparable to U-Solar in target customer profile, BOOT/PPA delivery, and pan-India geographic execution.
- CleanMax Solar: India's leading C&I-focused solar EPC and PPA operator, backed by Brookfield and Shell Energy. Closely comparable to U-Solar in target customer segment, BOOT/PPA financing model, and focus on industrial/commercial customer decarbonization.
Broad incumbents
- Adani Solar: Part of the Adani Group, one of India's largest solar manufacturers and EPC players. Overlaps with U-Solar in EPC delivery, but its scale, vertical integration, and capital access vastly exceed U-Solar's mid-sized positioning.
- Waaree Energies: India's largest solar PV module manufacturer and a growing EPC operator with utility-scale and C&I capabilities. Adjacent to U-Solar through EPC services, but vertical integration and scale are vastly larger.
- Vikram Solar: Major Indian solar PV manufacturer and EPC player serving utility-scale and C&I markets. Overlaps with U-Solar in solar EPC delivery and project execution, though anchored in module manufacturing.
Emerging players
- Freyr Energy: Smaller-scale solar EPC firm in India targeting C&I and small commercial customers. Similar customer segmentation and turnkey delivery to U-Solar, but at a smaller project scale than U-Solar's multi-MW enterprise focus.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
U-Solar Clean Energy social profiles
Digital presenceU-Solar Clean Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
U-Solar Clean Energy leadership team
Management profileNumber of profiles
Profiles3 records
U-Solar Clean Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
U-Solar Clean Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about U-Solar Clean Energy
What does U-Solar Clean Energy do?
U-Solar Clean Energy Solutions Pvt. Ltd. is a solar EPC (Engineering, Procurement, Construction) provider and developer that delivers end-to-end customized on-grid, off-grid, and hybrid solar PV systems for industrial, commercial, institutional, healthcare, and government customers. The company designs, engineers, procures, installs, and commissions rooftop and ground-mount solar power plants ranging from 100 kW to multi-MW capacities, and provides ongoing operations and maintenance backed by IoT-based monitoring. Customers can acquire systems through CAPEX (purchase) or OPEX/BOOT (pay for power under a 15-25 year PPA) models.
Is U-Solar Clean Energy a public or private company?
U-Solar Clean Energy is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was U-Solar Clean Energy founded?
U-Solar Clean Energy was founded in 2010. It employs 51 to 100 people.
Where is U-Solar Clean Energy based?
U-Solar Clean Energy is headquartered in Bangalore, India, in the Asia region.
How does U-Solar Clean Energy make money?
Three revenue lines are on record. EPC Services (Engineering, Procurement, Construction) is the primary driver. The others are operations & Maintenance (O&M) Services and power Purchase Agreement (PPA) / Non-CAPEX Model.
Who are U-Solar Clean Energy's main competitors?
Direct peers on record are SunSource Energy, Sterling and Wilson Solar, Gensol Engineering, Tata Power Solar Systems, Fourth Partner Energy and CleanMax Solar. Broad incumbents are Adani Solar, Waaree Energies and Vikram Solar. Freyr Energy is listed as an emerging player.
Does U-Solar Clean Energy have an API?
No public API is recorded for U-Solar Clean Energy.
What industry is U-Solar Clean Energy in?
U-Solar Clean Energy's product category is Solar EPC Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114.