Lubi Solar is the solar arm of the leading Lubi Group of Industries having a rich heritage of more than five decades in India. Headquartered in Gandhinagar, Gujarat, Lubi Solar was founded in 2012 and in just six years’ time has developed a fully automatic solar module manufacturing line of 150 MW spanning across 30,000 square feet area.
Lubi Solar can be credited with the development of many grid tied rooftop solar installations as well as solar pumping systems throughout India. The company provides total turnkey project development solutions starting right from design, development, construction and maintenance of on-grid solar systems.
The company primarily deals in solar panels, solar pumps and rooftop systems. Lubi Solar is known for high efficiency solar panels, which is made by using high efficiency cells procured from globally renowned suppliers. Lubi Solar manufactures both mono and polycrystalline solar panels. The modules deploy busbar solar cells which improve the overall efficiency and offer better aesthetics making it a suitable choice for your rooftop solar installation.
The polycrystalline modules are available in 260 W-275 W (60 cells) and 310 W – 330 W (72 cells) variants. Few striking features of these modules are high PID and severe weather resistance, low light performance, high efficiency and durability. They also come with 25 years of linear performance warranty.
The monocrystalline modules are available in 290 W – 310 W (60 cells) and 350 W – 370 W (72 cells) variants. Few striking features of these modules are high PID resistance, advanced glass, high efficiency and durability, and are corrosion free. These modules have higher module conversion efficiency of up to 18.57% from using PERC technology.
Lubi Solar has a solid foothold in the solar water pumping sector. According to a study by Research and Markets, India’s Solar Water Pumping System Market is projected to grow at a CAGR of 18.7% during FY 2017-22. The MNRE has set an ambitious target to install at least 10 lakhs solar water pumping systems in various states for irrigation and drinking by 2020-21. Lubi Solar ranking amongst the top ten pump suppliers in India is set to benefit from this opportunity.
India is witnessing an exponential growth in the solar sector. The whole energy sector is witnessing a major shift towards renewable energy. Indigenous companies having a good technical know-how, large manufacturing base and a large footprint in the country will have a natural advantage over competitors. Companies like Lubi Solar which have a decent history in India possess an understanding of the Indian market and long standing relationships with suppliers and customers, which can take them a long way ahead.