Innovative Solar Solutions - India

What Innovative Solar Solutions - India does

Innovative Solar Solutions is a Bengaluru-based solar module manufacturer and engineering, procurement, and construction (EPC) service provider founded in 1995. The company designs and produces photovoltaic modules across multiple technology generations—polycrystalline, MonoPERC, and Bifacial N-type TOPCon—and delivers on-grid, off-grid, and hybrid solar systems to residential, commercial, and industrial customers across India. With more than three decades of operating history, the company has cumulatively supplied over 100 MW of solar capacity and executed more than 500 projects.

The product stack spans the full solar deployment value chain, from raw module manufacturing to system integration and project execution. It offers rooftop and ground-mounted installations across the three principal system architectures (grid-tied, off-grid, and hybrid), supported by complementary power conditioning, monitoring, and balance-of-system components. Technology positioning includes next-generation N-type TOPCon bifacial modules, indicating a deliberate migration from legacy poly and MonoPERC lines toward higher-efficiency products aligned with current Indian market specifications under the Approved List of Models and Manufacturers (ALMM) and the PM Surya Ghar scheme.

Commercially, the company operates a hybrid distribution model combining direct sales with a network of more than 400 dealers across India. It has formalized consumer financing partnerships with Bank of India, SIDBI, and EFL to lower upfront cost barriers for end customers. Named reference projects include a 1 MW automotive manufacturing facility, a 500 kW textile plant, and a retail chain deployment, with active participation in the government's PM Surya Ghar Muft Bijli Yojana residential rooftop scheme. Revenue is generated through module sales, EPC project execution, and dealer-driven downstream distribution.

Name

Innovative Solar Solutions - India

Legal name

Innovative Solar Solutions

Website

https://innovativesolarsolutions.in

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

1–10 employees

Short description

Innovative Solar Solutions is a Bengaluru-based solar module manufacturer and EPC service provider founded in 1995, producing poly, MonoPERC, and N-type TOPCon PV modules for residential, commercial, and industrial customers across India via a 400+ dealer network.

Ownership category

akta.pro rank

Product category

Solar Photovoltaic Modules and Rooftop Solar EPC Services

NAICS

Solar Electric Power Generation (221114)

SIC

Semiconductors & Related Devices (3674)

akta.pro primary industry

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

Keywords

• Solar module manufacturing
• Rooftop solar installation
• Photovoltaic system integration
• Solar EPC services
• Renewable energy systems

Headquarters

HQ city

Bengaluru

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, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Solar Module Manufacturing & Sales: The company manufactures and sells a range of photovoltaic modules including polycrystalline (InnovaLite, InnovaFlex, InnovaPro), MonoPERC (InnovaEdge, InnovaMax), Mono PERC Half Cut (Innova Prime), and Bifacial N-type TOPCon (InnovaUltra) product lines.
2. Solar System Installation & EPC Services: End-to-end engineering, procurement, and construction (EPC) services for rooftop solar projects covering residential, commercial, and industrial segments. Includes site survey, system design, installation, grid integration, and after-sales support.
3. Rooftop Solar Solutions: Customized rooftop solar solutions for residential, industrial, and commercial clients, including grid-connected, hybrid, and off-grid configurations with financing options through banking partners.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Innovative Solar Solutions manufactures photovoltaic solar modules across polycrystalline, MonoPERC, Mono PERC Half Cut, and Bifacial N-type TOPCon cell technologies under the INNOVATIVE brand. It also delivers end-to-end rooftop solar EPC services, supplying and installing on-grid, off-grid, and hybrid solar systems for residential, commercial, and industrial customers across India through direct sales and a 400+ dealer network.

Product overview

Innovative Solar Solutions (INNOVATIVE) is a solar module manufacturer and EPC service provider based in Bengaluru, India. The company manufactures a comprehensive portfolio of solar PV modules including polycrystalline (InnovaLite, InnovaFlex, InnovaPro), MonoPERC (InnovaEdge, InnovaMax), Mono PERC Half Cut (InnovaPrime), and Bifacial N-type TOPCon (InnovaUltra) technologies. Beyond module manufacturing, the company offers complete solar solutions comprising On Grid Connected Solar Systems (1kW to multiple MWs), Off Grid Solar Systems (1kW to 100kW), and Hybrid Solar Systems. The portfolio extends to rooftop solar deployments for residential, industrial, and commercial segments, providing end-to-end services from site surveys and system design to installation and grid integration.

Differentiator

Problem solved

Functional benefit

Brands

• InnovaLite: Polycrystalline solar PV module series with models ranging from 10Wp to 165Wp (12V series)
• InnovaFlex
• InnovaPro
• InnovaEdge
• InnovaMax
• InnovaPrime
• InnovaUltra

Products and services

• InnovaLite Polycrystalline solar PV module series with power ratings from 10Wp to 165Wp at 12V, targeted at small-scale residential and commercial applications.
• InnovaFlex Polycrystalline solar PV module rated at 275Wp at 20V, designed for medium-scale installations requiring flexible mounting options.
• InnovaPro High-performance polycrystalline solar PV module series with 200Wp, 260Wp, and 335Wp options at 24V for larger residential and commercial installations.
• InnovaEdge MonoPERC solar PV module series offering 40Wp to 200Wp at 12V, with enhanced efficiency compared to polycrystalline modules.
• InnovaMax High-power MonoPERC PV module series with 250Wp, 335Wp, and 410Wp options at 24V for superior output in commercial and industrial applications.
• InnovaPrime Mono PERC Half Cut technology module with 144 half-cut cells, offering 540Wp to 550Wp power ratings for residential and commercial installations requiring high efficiency.
• InnovaUltra Bifacial N-type TOPCon module series with 144 cells offering 560Wp to 590Wp power output through front and rear-side light capture for maximum energy generation.
• On Grid Connected Solar System Grid-connected solar system generating electricity while connected to the electrical grid, allowing excess power export to earn credits; available from 1kW to multiple MWs for homes and businesses.
• Off Grid Solar System Stand-alone solar power system independent from the electrical grid, incorporating battery storage for energy during sunlight hours; customized product range from 1kW to 100kW for home, commercial and industrial segments.
• Hybrid Solar System Solar system integrating solar energy generation, battery storage, and grid connectivity to provide reliable, efficient, and eco-friendly electricity with uninterrupted power supply.
• Residential Rooftop Solar Solution Rooftop solar solution package for households combining grid-tied, hybrid, or off-grid configurations with financing options and government subsidy navigation support.
• Industrial & Commercial Rooftop Solar Solution Large-scale rooftop solar system package for businesses including grid-connected, hybrid, and captive solar power plants; ROI achievable in 2-3 years with up to 80% energy cost reduction.

Quantifiable outcome

• Up to 80% lower energy costs for industrial and commercial customers
• +4 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Adani Solar: Vertically-integrated solar manufacturing and project developer under the Adani Group with multi-GW cell and module capacity; competes broadly with ISS across modules, rooftop, and C&I EPC.
• Jakson Group: Indian energy solutions company with solar module manufacturing and rooftop/utility EPC, plus broader power generation offerings; overlaps with ISS across manufacturing and rooftop EPC and competes for the same C&I customers.

Direct peers

• Waaree Energies: India's largest solar PV module manufacturer with multi-GW capacity; directly comparable as an Indian module maker offering polycrystalline, monoPERC, and TOPCon products, plus rooftop and EPC services across residential, commercial, and industrial segments.
• Fourth Partner Energy: C&I-focused rooftop and distributed solar EPC company in India executing OPEX/PPA models for industrial customers; comparable in targeting factories and retail chains for captive/hybrid solar across India.
• Vikram Solar: Kolkata-based solar PV module manufacturer with a strong rooftop and EPC business; comparable product portfolio (monoPERC, bifacial) and parallel go-to-market across residential and C&I segments in India.
• Loom Solar: India-focused rooftop solar company selling monoPERC and TOPCon panels plus EPC to residential and small commercial customers; directly comparable on customer segment (residential rooftop) and dealer/online-led go-to-market.
• Tata Power Solar Systems: Subsidiary of Tata Power, manufacturing solar modules in India and executing large-scale rooftop and utility EPC projects; directly competes with ISS in the Indian rooftop and C&I solar market with vertically-integrated offerings.
• Goldi Solar: Gujarat-based Indian PV module manufacturer (HELLO brand) with expanding TOPCon/bifacial capacity and EPC offerings; comparable size, technology mix, and India-focused residential/C&I distribution model.
• Saatvik Green Energy: Indian PV module manufacturer producing monoPERC and TOPCon modules with growing captive EPC arm; comparable technology stack and India-domestic distribution focus, though larger and more recently funded.

Emerging players

• Sunsure Energy: Indian distributed/PPA solar developer serving industrial customers with rooftop and open-access solar; overlapping C&I customer base and emphasis on long-term energy cost reduction comparable to ISS.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/innovative-solar-solutions---india

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 Innovative Solar Solutions - India