In an interview on the sidelines of the  Mercom India Renewables Summit 2025 held in New Delhi on July 24 and 25, 2025, Amod Anand, CEO at Loom Solar, said his company’s focus is on serving customers in rural or semi-urban areas who often face challenges with access to technology and financing.

Can you tell us about the solar services and products that Loom Solar offers?

Loom Solar started seven years ago as a solar panel company. We have now expanded into modules featuring mono PERC, TOPCon, and HJT technology. We also provide on-grid inverters, hybrid inverters (ranging from 5 kW to 100 kW), and battery energy storage systems (BESS) targeted towards rural India and tier two to three markets.

Our focus is on delivering need-based solutions for areas where access to such technology is limited and affordability is a challenge. From day one, our goal has been to introduce new technologies to the Indian market, particularly in rural and semi-urban areas, offering comprehensive solar solutions to end-users.

Most of your projects are on the residential side. How does your business model work with respect to the domestic content requirement (DCR) and non-DCR modules?

Yes, a large part of our work is in the residential segment. But our model is not just about DCR or non-DCR modules; it is about identifying and solving key market challenges. We research common issues in rural and semi-urban markets, create educational content, and develop solutions accordingly.

For example, many rural customers use solar energy for applications like poultry farms or to power motors. We design systems to run these efficiently, integrating DCR or non-DCR panels as needed. We focus on “rural commercial” customers, people living in rural India who run small businesses, and we also help them with financing, which is often a big barrier.

Have you seen an increase in demand for energy storage systems in these markets?

Yes, a new trend is emerging. For example, in the Delhi-National Capital Region, generator use is restricted due to regulations, creating opportunities for solar plus storage solutions as alternatives. Our goal is to replace gensets with solar panels plus battery backup, which can power critical appliances for one to four hours. This applies to hospitals, hotels, rural factories, and roadside businesses. New battery systems are becoming 100% reliable, and their costs are falling each year. We expect them to become mass-market products within two to three years.

Apart from inverters, energy storage systems, and modules, do you manufacture any other products?

We started with solar panel manufacturing and are now setting up a 1.2 GW HJT panel line, a 100 MW inverter line, and a 100 MW BESS manufacturing unit. In the past, we relied on suppliers to meet our demand, around 1,000 MW, but faced challenges with quality, consistency, and reliability. Now, with sufficient capital, we are transitioning into manufacturing to provide complete solutions with long warranties.