Five years ago in Faridabad, Haryana was where an alternative to fossil fuels was first identified: Loom Solar is an innovative producer of lithium batteries and solar panels created by Amod Anand and Amol Anand; ISO 9001-2015 certified with quick recognition from the Government of India as an award-winning company.

By 2020, Loom Solar had earned recognition from Amazon as India's fastest-growing Small and Medium Business (SMB). Boasting 150 dedicated employees and 10,000 resellers as well as five facilities and its cutting-edge manufacturing plant, their presence quickly spread to over 100 cities across India.

Loom Solar achieved global recognition as an Authorized Economic Operator (AEO), receiving this honor from the World Customs Organisation. Their solar expertise extends well beyond borders; exports were sent out to over 10 different countries!

Mission Zero Emission Initiative:

At the Renewable Energy India Expo 2023 in Greater Noida, Loom Solar made waves. Under their Mission-Zero Emission program, they displayed an impressive selection of solar solutions such as high-capacity modules and IoT storage solutions designed to make energy generation and storage affordable and accessible across residential, industrial, commercial, and agricultural sectors.

Loom Solar Secures Funding to Advance Growth in 2023:

Loom Solar secured funding of $2 Million through Social Investment Managers and Advisors (SIMA Funds) as part of their expansion in January. They received support from World Bank Group, Development Finance Corporation, British International Investment, as well as Dutch Development Bank FMO.

Loom Solar stands out as an innovator by creating a diverse ecosystem of competitive pricing: using cutting-edge technologies and quick financing options to reduce overall solar solutions' costs for homeowners.

Rooftop Revolution Amod and Amol Anand engaged in an energetic debate of the rooftop revolution with Amod and Amol Anand discussing their rising demand for rooftop solar panels, their pricing structures, weather conditions in their locations, as well as any possible subsidies or rebates available that affect pricing structures for these systems.

Subsidies are Unveiled:

Responding to inquiries about costs, Amod Anand and Amol Anand shared information regarding government subsidies. Although consumer incentives were present, there still existed some resistance as a solution the government offered bank loans with low interest rates that required 20% down payments but promised returns within 3 to 5 years.

Loom Solar is revolutionizing the energy landscape with its pioneering solar technologies and services that not only illuminate rooms but also show us the way toward cost-effective, eco-friendly energy solutions! Watch for updates as Loom Solar continues its mission of changing how people view energy!