Loom Solar to strengthen its presence in Southern India
Loom Solar has introduced its solar panels from 10 W to 575 -700 W bifacial TOPCon, energy storage solutions from 75 Wh to 5 kWh-45 kWh, high-frequency solar inverters, and customisable small solar panels in Southern India.
Loom Solar unveils 16BB bifacial TOPCon module
India’s Loom Solar has launched a bifacial TOPCon solar module that provides peak power output of 575 Wp with front-side conversion efficiency of up to 22.3%. Rear-side provides an additional gain of up to 25%, leading to 700 Wp output.
Loom Solar unveils energy storage system for homes and businesses
India’s Loom Solar has unveiled IoT-based all-in-one energy storage solutions for homes and businesses. The systems use lithium iron phosphate (LFP) batteries and are available in storage capacities of 5 kWh and 10 kWh.
SIMA-managed fund approves $1.999 million low-cost loan to Loom Solar
The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.
Loom Solar hits 50,000 residential PV rooftops milestone
The Haryana-based solar technology startup has announced it has deployed rooftop solar solutions for over 50,000 residential customers across India within four years of its operation.
Loom Solar unveils 440W/530W bifacial modules
The Indian manufacturer has launched the Shark series bifacial panels for rooftop solar projects. The nine-busbar panels have a power output of 440W-530W with front-side efficiency ranging from 20 to 21% and rear-side gain of up to 20%.
Solar-plus-storage at a hilltop ashram
Loom Solar has installed a solar plus storage system at a small ashram in the hills of Tehri Garhwal, Uttarakhand. The system comprises 6x440W Shark Super high-efficiency PV panels, a 5kWh (100Ah/51.2V) Atom lithium battery, and a 5kVA high-frequency design (string) inverter.
Covid adds to solar manufacturer woes
A pandemic-related sales slump has dealt another blow to domestic panel makers already faced with rising input costs and an expected surge in imports due to the scheduled wind down of safeguarding duties on foreign products from late July.
Loom Solar eyes Rs 100 crore turnover by FY21
The monocrystalline solar panel and AC module maker, has, on average, achieved a ten times revenue growth year-on-year since its inception. It now aims to generate over Rs 100 crore revenue by the end of FY 2021—a 300% increase within a year.
Most module makers willing to kickstart cell production—Loom Solar founder
As importing solar cells becomes costlier and time-consuming in the Covid-19 scenario, most of the module manufacturers in India are eyeing solar cell production—says Loom Solar co-founder and director Amol Anand in an interview with pv magazine.
