Navitas Solar Unlisted Shares
Navitas Solar Private Limited
INE0J1Y00000
Listing Status: DRHP Not Filed
About Navitas Solar Unlisted Shares
Overview of Navitas Solar Unlisted Shares
Navitas Solar, founded in 2013 in Surat, India, is a leading solar panel manufacturer with a 2 GW annual capacity. It specializes in high-efficiency Mono PERC and TOPCon modules and is known for its backward integration (Navitas Alpha Renewables) and forward integration (Navitas Planet for EPC services). Ranked among India’s top 10 solar manufacturers, the company serves a broad clientele and is expanding globally. It is CARBON NEUTRAL and has received "Silver" status from the UNFCCC’s 'Climate Neutral Now' initiative, aiming to be India’s most trusted solar firm by 2025.
Name |
Navitas solar |
Date of Incorporation : |
2013 |
Category |
Private Limited Company |
Industry |
Power |
Listing Status |
Unlisted |
Registered Address |
Surat ,Gujarat |
Date of Last AGM : |
26 Dec, 2022 |
Segments |
EPC, BoP and BTG,Equipment Manufacturers |
Timeline:
- 2013: Navitas Solar was founded by Vineet Mittal, Sunay Shah, Ankit Singhania, Aditya Singhania, and Saurabh Aggarwal in Surat, India.
- 2013-2016: Established itself as a leading solar panel manufacturer, specializing in high-efficiency Mono PERC and TOPCon solar modules.
- 2017: Expanded capacity to 2 GW per annum.
- 2018: Launched Navitas Alpha Renewables Pvt. Ltd., focusing on the production of solar encapsulants.
- 2019: Established Navitas Planet Pvt. Ltd. to offer comprehensive EPC services for solar projects.
- 2020: Ranked among the top 10 Indian solar manufacturers by JMK Research & Analytics.
- 2021-2022: Achieved "Silver" level under the UNFCCC’s 'Climate Neutral Now' initiative, becoming a CARBON NEUTRAL ORGANISATION.
- 2024: Expanding into global markets including the USA, Europe, and Africa. Aims to become the most trusted solar firm in India by 2025 and seeks collaborations with global leaders to advance solar energy solutions.
Product Portfolio
Series/Product |
Key Features |
Efficiency |
Warranty |
Applications |
Certifications |
N-Type TOPCon Series |
- 22%+ efficiency |
22%+ |
12-year product |
Large-scale installations |
- |
Bifacial Series |
- 30% more power |
Up to 20.98% |
12-year product |
Large-scale installations |
- |
Bonito Series |
- High power output |
Up to 21.36% |
10-year product |
Large-scale & rooftop installations |
IS, BIS standards |
Navisol Series |
- Anti-reflective glass |
Up to 17.24% |
10-year product |
Large-scale & rooftop installations |
IEC, ISO standards |
Anora Series |
- Tested for harsh conditions |
Up to 17.02% |
10-year product |
Large-scale, rooftop, off-grid |
IEC, ISO standards |
EVO EVA Sheets |
- UV & PID resistant |
- |
9 months |
PV & MBB solar panels |
UL standards |
EVO POE Sheets |
- Superior moisture barrier |
- |
9 months |
Sensitive cells |
UL standards |
Services Offered
EPC Solar Services |
|
Comprehensive Services |
Offers turnkey Solar EPC (Engineering, Procurement, and Construction) solutions for rooftop and ground-mounted projects. |
Experience |
Over nine years in executing residential, commercial, and utility-scale installations. |
Expertise |
Backed by three decades of industry experience and a highly skilled team. |
Integration |
Covers production from EPA to solar modules and hybrid inverters. |
Project Portfolio |
- 111 kWp rooftop in Pune |
Capabilities |
Efficient and timely project execution for diverse and large-scale installations. |
Solar RESCO Model |
|
Government Commitment |
Aligned with the Paris Agreement goal of 175GW renewable energy by 2022, creating favorable conditions for Solar RESCO projects. |
Zero-Investment Model |
Developer covers both CAPEX and OPEX, allowing consumers to access solar energy at competitive rates through long-term contracts. |
Benefits |
- No capital investment required
from the consumer. |
Navitas Solar Expertise |
Provides robust RESCO solutions with significant installations such as a 14MWp rooftop solar project. |
Management
Official Partners