Solarworld Energy Solutions, established in 2013, specializes in providing solar energy solutions, focusing on engineering, procurement, and construction (EPC) services for solar power projects. The company offers end-to-end solutions tailored to the needs of public sector undertakings (PSUs) and commercial and industrial (C&I) clients, with a track record of successfully delivering solar power projects.

Business Models

Solarworld Energy Solutions operates under two key models:

1. CAPEX Model: The company designs, installs, and commissions solar power projects, with ownership vested in the customer. This model covers land evaluation, project design, procurement, equipment installation, and maintenance for the contracted period.

2. RESCO Model: Under this model, Solarworld installs, owns, and operates solar power projects, with customers purchasing power at fixed tariffs through long-term power purchase agreements (PPAs). This model reduces capital expenditure for the power purchaser.

Operations and Maintenance (O&M)

In addition to EPC services, Solarworld Energy Solutions offers operations and maintenance (O&M) services, ensuring long-term project performance and reliability. Around 95% of the company’s EPC projects are bundled with O&M services for periods ranging from two to five years.

Successful Track Record

Solarworld has successfully completed 46 ground-mounted and rooftop solar installations since its inception. The company’s client list includes notable names such as SJVN Green Energy Limited, Haldiram Snacks Private Limited, Ethnic Food Manufacturing Private Limited, and Samiksha Solarworld Private Limited.

Market Presence and Expansion Plans

The company has established a significant presence in India, particularly in Gujarat, and is actively expanding into other regions, including Maharashtra, Goa, Rajasthan, Madhya Pradesh, and Chhattisgarh. Solarworld is also pursuing opportunities in international markets for export.

Key Strengths

i) Established Track Record and Strong Execution Capabilities: Solarworld offers comprehensive EPC solutions, from site surveys and design to installation and commissioning.
ii) Robust Order Book: As of July 31, 2025, Solarworld’s order book stands at ₹11,981.75 million for EPC projects, with a cumulative capacity of 985 MW DC.
iii) Asset-Light Business Model: The company’s business model minimizes capital expenditures and fixed costs, providing flexibility and scalability.
iv) Strong Customer Relationships: Solarworld maintains long-term relationships with clients by providing tailored solar solutions that meet specific energy requirements.