Solar Electro Bangladesh

Name

Solar Electro Bangladesh

Legal name

Solar Electro Bangladesh Ltd.

Website

https://solarelectrobd.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Solar Energy Solutions and Equipment Distribution

NAICS

Solar Electric Power Generation (221114)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

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

akta.pro secondary industries

Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics) (EUAMABAK), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO), Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats) (EUACAGAK)

Keywords

• Solar panel distribution
• Solar mini-grid solutions
• Solar rooftop installation
• Renewable energy equipment
• Consumer electronics distribution

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Solar Panel & Related Product Import & Distribution: Import and distribution of Solar Panel, Consumer Electronics, CPVC Pipe & Fittings, Solar Charge Controller, Battery, On Grid & Off Grid Inverter, Solar Street Light, Solar related products, LED Bulb & Tube, Energy Saving Fan, Prepaid Meter.
2. Solar System Design, Installation & Consulting: SEBL provides complete solar energy solutions including design, installation and consultant services for Solar Mini-Grid and PV Grid MW Power projects. Revenue generated through project-based installation fees and ongoing service contracts.
3. Xiaomi Smartphone & Accessories Distribution: National Distributor of XIAOMI Smartphone & Accessories in Bangladesh. Revenue generated through wholesale distribution to authorized stores and dealers across the country.
4. Export - Ship Breaking Products & Jute Items: Export of Ship Breaking Products and Jute items to New Zealand, USA, Japan, Germany and England.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Solar Electro Bangladesh Ltd imports and distributes solar PV components (solar panels, batteries, charge controllers, on-grid and off-grid inverters, solar street lights), LED and energy-saving products, prepaid meters, and CPVC fittings, while providing end-to-end design, installation and consulting services for Solar Mini-Grid and Solar Rooftop projects. It also operates as the National Distributor of Xiaomi smartphones and accessories in Bangladesh via a nationwide channel of distributors, Authorized Mi Stores, Shop-in-Shop outlets, and Brand Promoters.

Product overview

Solar Electro Bangladesh Ltd (SEBL) operates as a diversified technology and energy conglomerate with two primary business lines: (1) Solar energy solutions including solar panels, solar mini-grid projects, rooftop solar installations, batteries, charge controllers, inverters, solar street lights, LED lighting, and prepaid meters; and (2) Consumer electronics distribution as the National Distributor of Xiaomi smartphones and accessories in Bangladesh. SEBL's solar division focuses on providing renewable energy solutions for domestic and commercial sectors through product imports and installation services, while also undertaking large-scale solar mini-grid projects for off-grid communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Mini-Grid Projects Large-scale off-grid solar mini-grid installations providing grid-quality electricity to communities without access to the national grid, designed and commissioned by SEBL for areas including Monpura Island (Bhola), Noapara (Naria, Shariatpur), and Kachikata (Vedarganj, Shariatpur).
• Solar Rooftop Solutions Solar rooftop power plant installations for residential, commercial, industrial and institutional buildings, generating on-site electricity through more than 550 installed units totaling about 1 MW of rooftop solar capacity across Bangladesh.
• Grid-Tied and Off-Grid Solar Systems Turnkey on-grid (grid-tied) and off-grid solar PV system installations for domestic and commercial customers, covering more than 750 projects nationwide and helping meet national grid electricity demand.
• Solar Street Light Solutions Standalone solar-powered street lighting solutions for outdoor illumination, imported and distributed by SEBL as part of its solar product portfolio.
• Solar PV Equipment Distribution (Panels, Batteries, Charge Controllers, Inverters) Import and wholesale distribution of solar PV equipment including solar panels, solar batteries, solar charge controllers, and on-grid and off-grid inverters for residential, commercial and project customers in Bangladesh.
• LED Bulbs and Tubes (Luminous brand) Import and distribution of energy-efficient LED bulbs and tubes, marketed under the Luminous brand, for residential and commercial customers to reduce electricity consumption.
• Energy Saving Fans Import and distribution of energy-efficient ceiling and other fans designed to reduce electricity consumption for residential and commercial use.
• Prepaid Electricity Meters Prepaid electricity metering solutions for solar mini-grid and grid-tied systems, supplied by SEBL to enable prepayment-based electricity access for off-grid and grid customers.
• Xiaomi Smartphone and Accessories Distribution National wholesale distribution of Xiaomi smartphones and accessories in Bangladesh through 100+ local distributors, 115+ Authorized Mi Stores, 400+ Shop-in-Shop outlets, and 500+ Brand Promoters.
• CPVC Pipe and Fittings Distribution Import and distribution of CPVC (Chlorinated Polyvinyl Chloride) pipes and fittings for plumbing applications, supplied alongside SEBL's solar and energy-saving products.
• Export of Ship Breaking Products and Jute Items Export of ship breaking products and jute items from Bangladesh to New Zealand, USA, Japan, Germany, and England.

Quantifiable outcome

• 177 kW Monpura Solar Mini-Grid serves 25,000 people in an island previously with no electricity
• +4 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• XIAOMIcoreChannel Partner/ Reseller/ DistributorSEBL is the National Distributor of Xiaomi Smartphone & Accessories in Bangladesh. Within 1.5 years, SEBL expanded to 100 local distributors, 115+ Authorized Mi Stores, 400+ Shop in Shop, and 500+ Brand Promoters. SEBL received Golden Partner Award from Xiaomi CEO Lei Jun and was named Top Four Outstanding Global Partner at Xiaomi Global Partner Conference 2017 in Beijing.
• Fortune Five LtdminorOthersListed as a partner/client under the company logo section on the website.
• National Practical Training InstituteminorOthersListed as a partner/client under the company logo section on the website.
• Solar Mini Grid Association of Bangladesh (SMAB)coreOthersThe Managing Director of SEBL holds the position of Chairman of SMAB. SEBL is currently holding one of the strongest positions in design, installation & consultant for Solar Mini Grid & PV Grid MW Power project.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Sun King (Greenlight Planet): Global off-grid solar company selling SHS and appliances in emerging markets including South Asia. Directly comparable customer segment, product portfolio (lighting, fans, solar home systems), and PAYG financing model.
• Grameen Shakti: Bangladesh's pioneering solar NGO/enterprise focused on SHS, mini-grids, and biogas. Directly comparable to SEBL on geography, customer base (off-grid Bangladeshi communities), and DFI-backed solar delivery model.
• d.light: Global pay-as-you-go off-grid solar provider with strong presence in East Africa and South Asia. Comparable business model (solar home systems and appliances for off-grid customers) with similar donor-financed growth trajectory.
• Rahimafrooz Renewable Energy: Diversified Bangladeshi group with a solar division (SHS, rooftop, EPC). Comparable as a domestic competitor pursuing similar rooftop and off-grid solar customers and using Bangladesh distribution networks.
• M-KOPA: Pay-as-you-go solar home system provider across East Africa. Comparable in serving off-grid, low-income customers with solar-plus-financing, and in scaling via asset-finance and impact capital.
• Husk Power Systems: Mini-grid operator serving rural communities in South Asia and sub-Saharan Africa. Closely comparable on mini-grid business model, DFI-backed financing, and focus on previously unserved populations.

Others

• Infrastructure Development Company Limited (IDCOL): Bangladesh's main DFI for renewable energy infrastructure and SEBL's core financial partner for mini-grids. Comparable as the ecosystem anchor whose funding policy directly drives SEBL's mini-grid pipeline.

Broad incumbents

• Sungrow: Global solar inverter manufacturer. Comparable as a supplier of inverters that SEBL imports; useful benchmark for inverter pricing, technology, and competitive positioning in the region.
• Trina Solar: Global Tier-1 solar PV module manufacturer. Comparable as a supplier of the core hardware (panels) that SEBL imports and distributes; useful upstream benchmark for module pricing and supply dynamics.

Emerging players

• PowerGen Renewable Energy: Mini-grid developer in East Africa. Comparable mini-grid EPC and operations model and DFI-backed financing approach, though focused on a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SeblDistribution
• LinkedInlinkedin.com/company/sebl

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 Solar Electro Bangladesh