Loom Solar, a Haryana-based solar energy solutions company, has made significant strides in the utility-scale sector by commissioning 17.9 MW of solar projects across India. The projects are spread across various states, including Tamil Nadu, Madhya Pradesh, Uttarakhand, and Rajasthan. This move is part of the company’s strategy to cater to the growing demands of the utility-scale market by integrating battery energy storage solutions with large-scale solar arrays.
The demand for battery energy storage systems (BESS) is on the rise in India, with the country’s cumulative installed energy storage capacity reaching 490 MWh by the end of June 2025, according to Mercom’s India’s Energy Storage Landscape 1H 2025 Report. Loom Solar is well-positioned to capitalize on this trend, with its range of products including mono-passivated emitter and rear cell, tunnel oxide passivated contacts, and heterojunction technology-based modules, as well as on-grid inverters, hybrid inverters, and BESS.
The company’s focus is on serving customers in rural and semi-urban areas, who often face challenges in accessing technology and financing. This is evident from its plans to establish a 1.2 GW solar module factory, a 100 MW inverter manufacturing facility, and a 100 MW BESS manufacturing facility. Amod Anand, CEO at Loom Solar, emphasized the company’s commitment to serving these underserved markets during an interview at the Mercom India Renewables Summit 2025.
As of June 2025, solar power accounted for 24% of the total installed power capacity and 49.7% of the total installed renewable capacity in India. However, the utility-scale solar auction market has experienced a decline, with only 1.6 GW of projects being auctioned in the second quarter of 2025, representing a 74.1% drop from the previous quarter and a 75.2% decline from the same quarter in 2024. Despite this, Loom Solar remains optimistic about its prospects, with its comprehensive clean energy solutions for residential, commercial, and agricultural sectors positioning it for growth in the Indian renewable energy market.