Solargao

What Solargao does

Solargao Limited is a Bangladesh-based renewable energy company, headquartered in Uttara, Dhaka, that designs, deploys, and operates solar power systems for rural off-grid communities and agricultural customers. Founded in 2013, the company has built an installed base exceeding 18MW across nearly 800 solar irrigation systems and 247 operational sites in northern Bangladesh, including districts such as Dinajpur, Rangpur, Thakurgaon, Sirajganj, Kurigram, Badarganj, and St. Martin Island.

The company's core products are solar irrigation pumps, standalone solar mini-grid stations (138 KW, 158 KW, and 250 KW configurations), a 130 KWP solar-diesel hybrid station, modular solar cold storage units (from 0.5T capacity), diesel-to-battery conversion services, and agent banking infrastructure. Underlying technology is conventional photovoltaic (PV) solar for power generation, combined with battery storage where deployed, plus EPC and O&M service capabilities. Its sister concern, Solargao Agro Engineers Enterprise (SAEE), provides end-to-end EPC solutions and has jointly installed more than 750 solar irrigation systems.

Solargao makes money through a combination of one-time EPC project revenue (system design, procurement, and construction for irrigation, mini-grid, rooftop, and hybrid projects), sponsored-project revenue (the company owns and operates certain installations), and recurring O&M service revenue on its installed base. The GTM is sales-led and project-based, with direct engagement of rural communities, farmers, and institutional clients, supported by strategic and financial partnerships with IDCOL (government-backed infrastructure financier) and Gazi Group (industrial sponsor). No public pricing, revenue, funding, or ownership data is disclosed in the available source material.

Name

Solargao

Legal name

Solargao Limited

Website

https://solargao.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

Solargao Limited is a Bangladesh-based renewable energy company that designs, deploys, and operates solar irrigation systems, mini-grids, hybrid stations, and modular cold storage for rural off-grid communities and farmers, with 18MW+ installed capacity across 247 sites.

Ownership category

akta.pro rank

Product category

Solar Energy Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Solar irrigation systems
• Solar mini-grid stations
• Renewable energy EPC
• Solar-diesel hybrid power
• Rural electrification services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. EPC Services: Engineering, Procurement and Construction services for solar irrigation and solar rooftop projects. Solargao designs, procures components for, and constructs solar systems for clients.
2. Project Sponsorship: Company sponsors and operates its own solar projects including irrigation systems, mini-grids, and hybrid stations, generating revenue through service delivery to end-users.
3. Operations and Maintenance (O&M): Ongoing operations and maintenance services for installed solar systems ensuring continued performance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Solargao designs, procures, and constructs solar-powered systems for rural Bangladesh, including solar irrigation pumps, solar mini-grid stations, solar-diesel hybrid stations, and modular solar cold storage units. The company operates as both an EPC contractor and project sponsor, delivering end-to-end renewable energy infrastructure along with ongoing O&M services and financial inclusion through agent banking to off-grid communities.

Product overview

Solargao is a renewable energy company providing solar-based solutions primarily for rural Bangladesh. The company operates as an EPC (Engineering, Procurement and Construction) service provider offering a portfolio of solar products including Solar Irrigation systems, Solar Mini-Grid Stations, Solar Hybrid Stations, and Modular Cold Storage units. Additional services include Agent Banking, Diesel to Battery Conversion, System Designing, and Operations & Maintenance. The company has installed over 18MW of capacity across Dinajpur, Rangpur, and Thakurgaon, serving rural communities, farmers, and entrepreneurs with clean, renewable energy solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Irrigation Systems Solar-powered irrigation pump systems that replace diesel generators, providing clean energy for agricultural water pumping across rural Bangladesh. Nearly 800 systems have been installed nationwide.
• Solar Mini-Grid Station Standalone solar power generation plants with installed capacities of 138 KW, 158 KW, and 250 KW providing renewable electricity to rural households and small enterprises without grid access.
• Solar-Diesel Hybrid Station 130 KWP hybrid system combining solar power with diesel backup to provide electricity to households, businesses, schools, mosques, and mills in off-grid communities such as Rupsha Chor.
• Modular Solar Cold Storage Solar-powered cold storage units starting from 0.5T capacity with 1.45 kWh power consumption, designed for rural areas without grid connectivity for short-term storage of fruits and vegetables.
• EPC Services (Engineering, Procurement and Construction) Full-service EPC solutions for solar installations including system design, procurement of equipment, and construction. Has installed over 750 solar irrigation systems with total capacity exceeding 18MW through sister concern SAEE.
• Operations and Maintenance (O&M) Ongoing maintenance and operational support services for installed solar systems to ensure long-term performance and reliability for clients across 247 operational sites.
• Diesel-to-Battery Conversion Retrofit service converting existing diesel-powered systems to battery-based solar energy solutions for cost-efficient replacement of diesel generation.
• Solar System Design Custom engineering and design of solar energy systems tailored to specific customer requirements and site conditions for solar projects across Bangladesh.

Quantifiable outcome

• 270,613.8 tons of CO2 emissions avoided
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Gazi GroupcoreStrategic or Co-development PartnerGazi Group is referenced as a project sponsor and partner. Multiple irrigation projects are branded as GAZI Irrigation Projects, indicating a sponsorship and collaborative relationship in deploying solar irrigation systems.
• Solargao Agro Engineers Enterprise (SAEE)coreStrategic or Co-development PartnerSAEE is Solargao's sister concern providing end-to-end EPC solutions. Together they have installed more than 750 solar irrigation systems across Dinajpur, Rangpur, and Thakurgaon with total installed capacity of over 18MW.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• d.light: d.light designs, manufactures, and finances distributed solar energy products for off-grid households across Africa and South Asia. Comparable distributed-solar go-to-market and pay-as-you-go financing model to Solargao's rural solar deployment.
• Zola Electric: Zola Electric builds and operates solar mini-grids in rural Africa, combining distributed generation with pay-as-you-go payment systems. Comparable to Solargao's solar mini-grid stations and project sponsorship model for off-grid communities.
• BBOXX: BBOXX is a distributed solar energy company delivering solar home systems and mini-grids to off-grid households with embedded financing. Directly comparable in product offering (solar generation for off-grid customers) and revenue model (hardware + recurring service) to Solargao.
• OMC Power: OMC Power operates solar mini-grids serving rural Indian villages with similar EPC-plus-sponsorship economics and rural SMB customer base. Closely comparable to Solargao's Bangladesh mini-grid and rural electrification play.
• M-KOPA: M-KOPA provides pay-as-you-go solar home systems and connected appliances to off-grid households, combining distributed solar financing with last-mile service delivery. Comparable to Solargao's rural Bangladesh residential and SMB customer base, though operating in East Africa.
• Grameen Shakti: Grameen Shakti is one of the largest renewable energy EPC operators in Bangladesh, installing solar home systems and biogas units in rural areas. Direct Bangladesh peer with overlapping EPC, solar irrigation, and rural electrification focus.
• Sun King (Greenlight Planet): Sun King (formerly Greenlight Planet) sells pay-as-you-go solar home systems across Africa and Asia, addressing energy access for off-grid households. Comparable in customer profile, distributed generation offering, and embedded financing structure to Solargao's portfolio.
• Husk Power Systems: Husk Power Systems designs, builds, and operates solar mini-grids serving rural off-grid communities, with a comparable EPC-plus-project-sponsor business model that combines distributed solar generation, storage, and appliance financing. Directly analogous to Solargao's mini-grid and hybrid stations serving rural Bangladesh customers.
• PowerGen Renewable Energy: PowerGen builds, owns, and operates mini-grids in East Africa, combining solar PV with battery storage and last-mile distribution. Closely analogous to Solargao's owned-and-operated mini-grid stations in Bangladesh.

Regional players

• Rahimafrooz Renewable Energy: Rahimafrooz operates a renewable energy and energy storage business in Bangladesh, including solar home systems and battery solutions. Domestic Bangladesh peer with adjacent solar and storage focus to Solargao's integrated rural energy stack.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/solargao_ltd
• Facebookfacebook.com/solargao.group
• LinkedInlinkedin.com/company/solargao-limited

Revenue estimate

Valuation estimate

Number of profiles

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 Solargao