Solaire
Solaire, the solar brand of Lagnuvo Energy launched in 2023, designs and assembles on-grid, hybrid, and utility-scale solar inverters plus LFP battery storage, serving residential, commercial, industrial, and utility-scale customers across 11 Indian states and Kenya.
- Company typePrivate
- Founded2023
- HeadquartersManjeri, Malappuram, India
- Headcount1–10
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Solaire does
Solaire (doing business as Solaire Future) is the solar energy brand initiative of Lagnuvo Energy Pvt Ltd, a Kerala-based power electronics company founded in 1998 that manufactured UPS systems and inverters for 25 years before launching Solaire in 2023. The company designs and assembles solar inverters and lithium battery storage systems in Manjeri, Malappuram, covering on-grid string inverters for residential use (X1 ZIP, X1 ZAP), three-phase inverters for small commercial installations (X3 ZOOM, X3 LITE, X3-PRO, X3 MAX), utility-scale string inverters up to the 300–350 kW class (X3-GRAND), hybrid inverters with integrated battery management and sub-4 ms switchover (SH-GEN.S 3–6 kW and SH-GEN.X 8–20 kW), and a modular LFP battery (TB-LD51, 5.12 kWh base, scalable to 16 units). Technical features include Magic MPPT, IP65/IP66 ingress protection, certified efficiency of 98–99%, Type II surge protection, optional AFCI, and WiFi/LAN/4G remote monitoring accessories. All products are BEE MEPS compliant from January 2026 and registered on the PM Surya Ghar national subsidy portal.
The company serves three primary customer segments: residential Indian households purchasing 3–6 kW rooftop systems under the PM Surya Ghar scheme, commercial and industrial customers (manufacturing plants, warehouses, pharma, IT campuses, hospitals) requiring 500 kW to multi-MW installations, and small businesses/clinics needing 8–10 hours of daily backup. Pricing is anchored to PM Surya Ghar economics: a 3 kW on-grid system is sold at ₹1.55–1.80 lakh gross (net ₹77,000–₹1.02 lakh after the ₹78,000 subsidy), while a 3 kW hybrid system with battery runs ₹3.5–4.5 lakh. All products carry a 10-year warranty versus a 5-year industry standard. The customer base is highly fragmented and there are no disclosed enterprise anchor contracts.
Solaire generates revenue through hardware sales (inverters, batteries, accessories) distributed via certified EPC partners, dealers, and installers across 11 Indian states (Kerala, Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Madhya Pradesh, Maharashtra, Rajasthan, Uttar Pradesh, Delhi-NCR, Bihar) plus a recently opened Africa office in Nairobi serving Kenya and East Africa. The company is privately held by the Chenagadan family through Lagnuvo, with Muhamed Ali Chenagadan as Chairman and Mohammed Rinas Chenangadan as CEO, no external funding rounds disclosed, and an operating headcount of approximately 9 employees.
Solaire firmographics
Firmographics- Name
- Solaire
- Legal name
- Lagnuvo Energy Pvt Ltd
- Website
- https://solairefuture.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Solaire, the solar brand of Lagnuvo Energy launched in 2023, designs and assembles on-grid, hybrid, and utility-scale solar inverters plus LFP battery storage, serving residential, commercial, industrial, and utility-scale customers across 11 Indian states and Kenya.
- Ownership category
- akta.pro rank
Solaire industry classification
Industry- Product category
- Solar Inverters and Energy Storage
- NAICS
- Power, Distribution, and Specialty Transformer Manufacturing (335311)
- SIC
- Motors & Generators (3621)
- akta.pro industry
- Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters)Energy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Solar Energy (PV, CSP, Rooftop & Utility-Scale)Solar Inverters, Power Optimizers & MLPE ManufacturingEnergy, Utilities & Environment/Renewable Energy (Solar, Wind, Hydro & Geothermal)/Renewable Equipment & Component Manufacturing (Modules, Turbines, Inverters, Towers, Blades)
Keywords
Where Solaire is headquartered
LocationHeadquarters
- HQ city
- Manjeri, Malappuram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Solaire business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Inverter Sales: Revenue from manufacturing and selling solar inverters including on-grid, hybrid, and utility-scale inverters. Products are sold through EPC partners, dealers, and direct engagement with end customers.
- Solar Battery Sales: Sale of LFP (Lithium Iron Phosphate) solar storage batteries including the TB-LD51 model, sold alongside hybrid inverter systems or separately for retrofitting
- Solar Accessories: Revenue from connectivity accessories (WiFi, LAN, 4G modules), mounting structures, and other solar system components
- Dealer/Partner Program: Revenue generated through network of certified dealers and installers who resell and install Solaire products
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 3 kW Grid-Tied Rooftop System |
| One time/ perpetual license | Pay-as-you-go | 3 kW Hybrid System with Battery |
| One time/ perpetual license | Pay-as-you-go | SH-GEN.S Hybrid Inverter (3-6 kW) |
| One time/ perpetual license | Pay-as-you-go | SH-GEN.X Hybrid Inverter (8-20 kW) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Solaire product offering
Product offeringCore offering
Solaire designs, manufactures, and distributes solar inverters (residential single-phase on-grid, three-phase on-grid, hybrid, and 300-350 kW utility-scale string inverters), modular LFP battery storage, and connectivity accessories for residential, commercial, industrial, and utility-scale rooftop solar deployments. The portfolio is sold across eleven Indian states and in Kenya through a network of certified EPC partners and dealers empaneled for PM Surya Ghar subsidy processing.
Product overview
Solaire offers a comprehensive solar inverter and energy storage portfolio covering three core product lines: (1) On-Grid String Inverters spanning residential single-phase models (X1 ZIP, X1 ZAP), three-phase models for small commercial use (X3 ZOOM, X3 LITE, X3-PRO), and utility-scale inverters (X3-GRAND in the 300-350 kW class) for multi-megawatt commercial and industrial rooftops; (2) Hybrid Solar Inverter Systems (SH-GEN.S-LV single-phase 3-6 kW and SH-GEN.X-LV three-phase 8-20 kW) with integrated battery interfacing for backup power, time-of-day arbitrage, and grid export optimization; (3) Lithium Battery Storage using LFP chemistry (Solaire TB-LD51, 5.12 kWh base capacity, scalable to nearly 60 kWh via parallel stacking of up to 16 units). Connectivity accessories (WiFi, LAN, 4G modules) enable remote monitoring and management across the portfolio. The complete range serves residential homes, businesses, commercial/industrial facilities, and utility-scale IPP deployments across eleven Indian states plus Africa.
Differentiator
Problem solved
Functional benefit
Products and services
- Solaire X1 ZIP On-Grid Solar Inverter Residential single-phase on-grid string inverter designed for rooftop solar installations in India.
- Solaire X1 ZAP On-Grid Solar Inverter Residential single-phase on-grid inverter for residential solar systems with efficient power conversion.
- Solaire X3 ZOOM On-Grid Three-Phase Inverter Three-phase on-grid inverter for larger residential and small commercial solar installations.
- Solaire X3 LITE On-Grid 3-Phase Solar Inverter Compact three-phase on-grid inverter for small commercial solar installations.
- X3-PRO Inverter High-capacity three-phase inverter designed for large-scale solar installations including commercial and industrial rooftops.
- Solaire X3 MAX Inverter High-capacity commercial inverter for large rooftop solar installations with advanced monitoring capabilities.
- Solaire X3-GRAND Utility Scale Solar Inverter Utility-scale string inverter in the 300-350 kW class with 1500V DC architecture, designed for multi-megawatt commercial and industrial rooftop systems. Features six MPPT trackers, peak efficiency of 99.03%, IP66 rating, IV-curve scanning, and advanced grid-support functions.
- Solaire SH-GEN.S-LV Hybrid Inverter Single-phase hybrid inverter (3-6 kW) with 2 MPPTs, up to 120A charge/discharge current, 200% PV oversizing support, UPS-level switchover in under 4ms, 110% AC output with 200% EPS peak power, IP65 protection, integrated Type II surge protection, optional AFCI, and compatibility with lithium batteries for backup during grid outages.
- Solaire SH-GEN.X-LV Hybrid Inverter Three-phase hybrid inverter (8-20 kW) for larger homes and businesses with higher power demands; supports parallel operation for scalability and is designed for commercial peak-hour optimization and energy arbitrage.
- Solaire TB-LD51 LFP Battery Lithium Iron Phosphate (LFP) battery storage module with 5.12 kWh capacity, scalable up to 16 units for flexible capacity expansion from residential to commercial storage; over 6,000 charge-discharge cycles with high continuous and peak discharge capability.
- WiFi Connectivity Module WiFi connectivity accessory enabling remote monitoring and management of solar inverter systems via smartphones or web applications.
- LAN Connectivity Module LAN connectivity accessory for wired network integration enabling monitoring and data logging of solar inverter systems.
- 4G Connectivity Module 4G cellular connectivity accessory for remote monitoring and management of solar systems where WiFi or LAN is not available.
Quantifiable outcome
- 3-5 year payback period for 3 kW residential rooftop systems with monthly savings of ₹2,500-4,500
- +3 more outcomes
Companies that use Solaire
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Solaire technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature8 records
Solaire partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Maha Solar ExpocoreBronze Partner at Maha Solar Expo 2025, powering Maharashtra's solar scheme revolution. Event focused on utility inverters for the state's solar initiatives.
- Renewable Energy India (REI) ExpocorePremiere Inverter Partner at the 17th edition of REI Expo 2024. Event held October 3-5, 2024 at India Expo Centre, Greater Noida. Solaire showcased latest solar technology including inverters, PV modules, and accessories. Major industry platform for connecting with leaders and exploring new technologies.
- Kenyan EPC and Installation PartnerscoreLocal installation and EPC partners in Kenya who have deployed 3.5 MW of Solaire products prior to the formal Africa office opening. These partners continue to drive installations across residential, commercial, and industrial applications.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Solaire competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Solaire social profiles
Digital presenceSolaire financial estimates
Financial estimateRevenue estimate
Valuation estimate
Solaire leadership team
Management profileNumber of profiles
Profiles2 records
Solaire funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Solaire 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 Solaire
What does Solaire do?
Solaire designs, manufactures, and distributes solar inverters (residential single-phase on-grid, three-phase on-grid, hybrid, and 300-350 kW utility-scale string inverters), modular LFP battery storage, and connectivity accessories for residential, commercial, industrial, and utility-scale rooftop solar deployments. The portfolio is sold across eleven Indian states and in Kenya through a network of certified EPC partners and dealers empaneled for PM Surya Ghar subsidy processing.
Is Solaire a public or private company?
Solaire is a private company. It is classified as family owned and is currently operating.
When was Solaire founded?
Solaire was founded in 2023. It employs 1 to 10 people.
Where is Solaire based?
Solaire is headquartered in Manjeri, Malappuram, India, in the Asia region.
How does Solaire make money?
Four revenue lines are on record. Solar Inverter Sales are the primary driver. The others are solar Battery Sales, solar Accessories and dealer/Partner Program.
Does Solaire have an API?
No public API is recorded for Solaire.
What industry is Solaire in?
Solaire's product category is Solar Inverters and Energy Storage. Its primary akta.pro industry code is EUAMABAE, Solar Inverters, Power Electronics & MLPE (String/Central Inverters, Optimizers, Microinverters), with a secondary code of EUAMAHAB, Solar Inverters, Power Optimizers & MLPE Manufacturing. Its NAICS code is 335311 and its SIC code is 3621.