Founded in 2018 by visionary brothers Amol and Amod Anand, Loom Solar has swiftly established itself as a prominent player in India’s renewable energy sector.
Specializing in the manufacturing of cutting-edge solar panels, inverters, and lithium batteries, Loom Solar is on a mission to transform how India harnesses solar energy, particularly in the face of rising electricity costs and inconsistent power supply.
The Challenge of Energy Accessibility
India faces a unique energy challenge. Despite the country being endowed with abundant sunlight, many areas still rely heavily on traditional, polluting sources of energy.
Electricity shortages and high costs place a significant burden on households and businesses, particularly in rural and underserved regions.
Loom Solar recognized this challenge and set out to provide innovative solar solutions that could not only offer a reliable energy source but also promote sustainable practices.
The journey began with an e-commerce platform aimed at making solar products easily accessible to consumers across the country.
By harnessing the power of the internet, Loom Solar sought to reach remote areas, ensuring that even those living far from urban centers could benefit from advanced solar technology.
Their commitment to sustainability aligns with the global push for renewable energy, making their role crucial in India’s energy transition.
Key Innovations and Milestones
Since its inception, Loom Solar has achieved several notable milestones that underscore its innovative spirit.
In 2019, it became the first Indian solar manufacturer to introduce 100% monocrystalline PV modules, which are more efficient than traditional polycrystalline options.
The following year, the company partnered with Enphase Energy, a leading US-based solar technology firm, to enhance its offerings with advanced inverter technology.
2021 marked another significant milestone as Loom Solar introduced bifacial solar PV modules, which can capture sunlight from both sides, increasing energy production.
In 2022, they launched the future generation of energy storage solutions, ensuring that solar power can be utilized even when the sun isn’t shining.
The most recent innovation, announced in 2023, is the N-Type TOPCon 16 BB solar PV module, which promises to further improve efficiency and output.
These innovations not only reflect Loom Solar’s commitment to technological advancement but also its responsiveness to market demands.
As the solar industry evolves, Loom Solar remains at the forefront, introducing products that meet the needs of both residential and commercial consumers.
A Vision for Growth
Loom Solar has a bold and clear vision to reach 100 million people and establish 1,000 master franchises across India.
This ambitious goal is driven by a set of core values centered on putting the customer first and maintaining responsibility toward the environment and society.
As a direct-to-consumer (D2C) brand, Loom Solar is uniquely positioned to understand and respond to consumer needs, fostering strong relationships and trust in the process.
Addressing Consumer Concerns
One of the major hurdles in the adoption of solar energy is the upfront cost associated with installation and equipment.
Loom Solar addresses this by offering flexible financing options, including partnerships with leading non-banking financial companies (NBFCs) and banks to provide solar solutions on monthly EMIs equivalent to electricity bills.
This approach not only makes solar energy more accessible but also allows consumers to see immediate financial benefits from switching to solar.
Loom Solar’s commitment to superior customer service further enhances its appeal.
The company provides instant digital service through video calls and ensures complaint resolution within 3-7 days across India.
Their engineers conduct site surveys to recommend the most suitable solar solutions tailored to individual needs, simplifying the process for customers.
The Future of Solar Energy in India
As the demand for renewable energy solutions continues to rise, Loom Solar stands ready to meet the challenge.
With the global push towards sustainable energy practices, the solar industry is poised for explosive growth.
Loom Solar’s innovative products, commitment to customer service, and extensive distribution network position it well to capitalize on this trend.
The company not only focuses on residential installations but also offers commercial solutions to businesses facing high electricity costs.
By providing tailored solar systems, Loom Solar empowers businesses to reduce their energy expenses and contribute to a greener future.
