Solaryaan has launched Solaryaan 2.0, a strategic upgrade that transforms the company from a solar inverter specialist into a full-spectrum clean energy solutions provider. The company has set an ambitious target of achieving Rs 1,000 crore in revenue by fiscal year 2029 and plans to expand its operations across more than 15 states in India.
Strong Foundation and Market Presence
The announcement builds on significant momentum: Solaryaan has powered over 500,000 solar installations across India in the last financial year. The company already has a strong foothold in Gujarat and a growing presence in Maharashtra, Uttar Pradesh, Rajasthan, Madhya Pradesh, Punjab, Karnataka, Tamil Nadu, Kerala, Haryana, Delhi-NCR, Bihar, and West Bengal. This network forms the base for its next growth phase, which focuses on expanding market reach, strengthening partner networks, and developing future-ready energy technologies.
Three Strategic Pillars of Solaryaan 2.0
Under Solaryaan 2.0, the company will drive growth through three core business pillars: Grid-Tied Inverters (GTi), Hybrid Energy Solutions, and Battery Energy Storage Systems (BESS). These areas address the rising demand for reliable power, energy storage, self-consumption, and intelligent energy management among Indian consumers and businesses.
Manoj Patel, Founder & CMD of Solaryaan, stated, "Over the past six years, Solaryaan has built a strong foundation through reliable solar inverter solutions. As India's energy ecosystem evolves, we see significant opportunities in hybrid energy and storage technologies. Solaryaan 2.0 reflects our ambition to become a comprehensive energy solutions partner for homes, businesses, and industries while contributing meaningfully to India's energy independence journey." He added that the company is targeting Rs 1,000 crore in revenue by FY29 while strengthening its presence across more than 15 states and doubling its EPC partner network.
Expanding Partner Network and Innovation
Currently, Solaryaan works with over 2,000 EPC partners in Gujarat alone. The company plans to further strengthen its channel and service ecosystem across key solar growth markets. It is also investing in product innovation, customer support infrastructure, and next-generation energy technologies to support long-term growth.
The launch also introduces a refreshed corporate identity. The new logo, inspired by the sun, features nine spokes representing the nine letters of Solaryaan, symbolizing energy, progress, movement, and growth. The rocket element from the legacy identity has been retained to honor the company's entrepreneurial roots and spirit of innovation.
Leadership Perspectives on Future Roadmap
Shalin Botadra, Co-Founder & JMD of Solaryaan, commented, "Solaryaan 2.0 reflects our commitment to scaling with India's growing renewable energy market while creating long-term value for customers, partners, and stakeholders. As we expand across the country, our focus remains on building a future-ready organization driven by innovation, quality, and service excellence."
Chirag Patel, CEO of Solaryaan, elaborated on the company's value framework: "At the heart of Solaryaan 2.0 is MANSHA (Intent)—our value framework inspired by the names of our founders, Manoj Patel and Shalin Botadra. Built on Manufacturing Excellence, Assurance of Quality, Nation Building, Service Excellence, Humility, and Accountability, MANSHA guides our culture, decisions, and long-term growth. We believe India's clean energy future lies in integrated energy ecosystems that combine solar, energy storage, and intelligent energy management."
Commitment to India's Clean Energy Transition
With a strengthened product portfolio, growing national presence, and a future-focused strategy, Solaryaan aims to play a larger role in accelerating clean energy adoption across residential, commercial, and industrial sectors. The company's efforts align with India's broader renewable energy ambitions.
Founded in 2019, Solaryaan is a clean energy technology company offering solar inverters, hybrid energy solutions, battery energy storage systems, EV chargers, and energy management solutions. Having powered more than 500,000 solar installations across India, the company is committed to accelerating the nation's clean energy transition through innovation, quality, and service excellence, guided by its purpose of "Empowering a Billion Lives with Clean Energy."
