Experts project surge in growth for domestic manufacturers of solar inverters-panels
Solrato Power of Uttar Pradesh has officially announced a strategic partnership with Solaire, a proud “Make in India” brand backed by the 30-year legacy of Kerala’s esteemed Lagnuvo Group, to aggressively target and capture a significant share of the rapidly expanding US$5 billion green energy market across North India.
The alliance leverages Solrato Power’s deep regional roots and localized deployment expertise alongside Solaire’s high-efficiency, advanced solar infrastructure solutions. Together, the two entities aim to transform the energy landscape for residential, commercial, agricultural, and industrial consumers throughout Uttar Pradesh, Haryana, Delhi NCR, and surrounding regions.
The North Indian solar market is on the brink of exponential expansion, heavily catalyzed by landmark government initiatives such as the PM Surya Ghar Muft Bijli Yojana and the PM KUSUM Scheme. These programs are drastically lowering the barrier to entry for residential homeowners and the agricultural sector, creating massive, unprecedented demand for reliable power generation.
Simultaneously, industry experts project a rapid surge in growth for domestic manufacturers due to the anticipated introduction of ALMM (Approved List of Models and Manufacturers) regulations for solar inverters, mirroring the existing mandates for solar panels. As the market shifts to favor domestic manufacturing, an Indian brand armed with a 30-year legacy of trust is the perfect choice for consumers seeking genuine “Make in India” products.
Solaire perfectly addresses this need, offering a highly versatile product lineup that encompasses both Low Voltage and High Voltage segments within its state-of-the-art On-Grid and Hybrid inverter ranges.
The leadership of both companies expressed immense optimism about the joint venture’s potential to disrupt the traditional energy grid and champion domestic manufacturing.
Nabeel Firoz, Director of Solrato Power, said on 9 May, “This collaboration with Solaire marks a pivotal milestone for our company. The North Indian market, currently valued at $5 billion, presents an incredible opportunity for scalable and sustainable energy implementation.
“Furthermore, with the anticipated ALMM regulations for inverters, aligning with a trusted ‘Make in India’ brand is a strategic imperative. Solaire’s 30-year legacy through the Lagnuvo Group gives our customers the ultimate assurance of quality and longevity, providing the perfect solution whether they require low voltage residential setups or high-capacity commercial hybrid inverters.”
Yasif Eqbal, VP Sales of Solaire, elaborated, “At Solaire, our core objective has always been to democratize access to clean energy through world-class, indigenous technology. Partnering with Solrato Power gives us the vital, localized market penetration required to rapidly scale our distribution across North India.
“As a proud ‘Make in India’ brand backed by three decades of engineering excellence from the Lagnuvo Group, we are uniquely equipped to meet the surging demand driven by the PM Surya Ghar and KUSUM schemes. Solrato’s aggressive on-ground strategy perfectly complements our comprehensive low and high voltage inverter portfolios.”
To effectively penetrate the US$5 billion market, the Solrato-Solaire alliance will prioritize the following initiatives over the next 12 to 18 months:
Agricultural and Residential Accessibility: Capitalizing on the PM Surya Ghar and KUSUM schemes by launching simplified, cost-effective home and farm solar setups with seamless financing options;
Commercial and Industrial (C&I) Integration: Providing end-to-end, high-voltage installations for manufacturing hubs and corporate parks using advanced Hybrid and On-Grid inverters;
After-Sales Excellence: Establishing localized service centers to ensure rapid maintenance, maximizing the lifespan and efficiency of the deployed solar power grids.
With operations already scaling up in key cities, this partnership is set to heavily impact regional market shares. As Solrato Power and Solaire synchronize their efforts, North India’s transition toward a sustainable, domestically-powered solar future appears more accelerated than ever. Fiinews.com
