Insolation Energy Ltd

Insolation Energy Limited was originally incorporated as a Private Limited Company at Jaipur, Rajasthan in the name of 'Insolation Energy Private Limited' on October 15, 2015. Subsequently, the status of the Company converted into Public Limited Company vide Shareholders' Resolution on December 24, 2021 and name of the Company was changed to 'Insolation Energy Limited' dated February 7, 2022. The Company is a leading manufacturer of high-efficiency solar photovoltaic (PV) modules, offering advanced technologies such as Mono PERC and N-Type TOPCon. It offers end-to-end solar solutions, covering consultation, system design, installation, and ongoing maintenance delivering seamless support across residential, commercial, industrial, and utility-scale applications. It operates a module manufacturing capacity of 5.5 GW. The PAN-India distribution network continues to expand, supported by deep engagement with channel partners and customers across key markets. The solar PV modules are currently manufactured using both polycrystalline and Mono-PERC crystalline cell technology. Besides, the portfolio of solar energy products consists of the following solar PV modules which includes bifacial (glass - to - Transparent back sheet modules) and are differentiated on the basis of solar PV module technology and type as well as cell size such as, polycrystalline modules; and monocrystalline passivated emitter and rear cell (Mono PERC) modules. In June 2016, the Company received factory licence for manufacturing unit located at Village-Bagwada, in Jaipur. In March 2017, their operations of manufacturing solar panels commenced. In 2020, Company diversified into the area of Solar Power Pack and launched Solar Tubular / Li-ion Batteries and Solar PCU, which are designed after thorough market inputs and best available techniques. This Solar Combo offering with adequate storage is fast gaining popularity and helping the home office and home education community in cities, towns and villages. In 2020-21, the Company formed a wholly owned subsidiary in the name of Insolation Green Energy Private Limited (IGEPL) on August 28, 2021 with an object of setting up solar PV module manufacturing unit with the proposed annual installed capacity of 500MW in two phases. In December 2021, the rated installed capacity of the Company increased from 80 MW to 200 MW. The Company made an Initial Public Issue with the allotment of 58,32,000 Equity Shares by raising funds aggregating to Rs. 22.16 Crore in September, 2022. N Type Cell Topcon launched as a new technology in 2024. The Module Manufacturing capacity increased to 250 MW. Company embarked on a project for the construction of new manufacturing plant for 4.5GW Solar Cell Manufacturing in FY 2025. The subsidiary, Green Infra Private Limited was incorporated in 2025.