About Novergy
Novergy is an Energy & Utilities company based in Udaipur (India) founded in 2006. It manufactures solar panels, inverters, and systems for renewable energy applications globally. It operates on a B2B and D2C model. The company has 35 employees. Its Indian entity Novergy Energy Solutions Private Limited reported revenue of ₹16.81 Cr. Novergy offers products and services including Solar Panels, Solar Inverter, Solar Kit, Solar Pump, and Solar Lighting System. Its focus areas include Energy, Renewable Energy, Solar Power and Photovoltaic Systems. Similar companies include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee and 3 more; 5 of its 8 listed similar companies have raised funding.
Company details
Novergy Solar, based in India, designs, manufactures, and supplies solar panels, inverters, and systems for power plants, rooftops, and hybrid solutions. They offer services like solar pumping and telecom systems, serving clients through dealers and direct channels. The company focuses on reliable technology for diverse applications, including remote power and custom designs, with operations in multiple countries.
- Headquarters Udaipur, India
- Employees 35
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website novergysolar.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Novergy Energy Solutions Private Limited
- Date of Incorporation 27 Feb, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹16.81 Cr
FY 2025 · -44% YoY
- Net Loss-₹12.2 Lakh
FY 2025 · -1% margin
- EBITDA₹1.61 Cr
FY 2025 · 10% margin
- Employee Count35
Associated legal entities of Novergy
Novergy operates through Novergy Energy Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Novergy Energy Solutions Private Limited CIN U74140KA2007PTC041915 | Active | 27 Feb 2007 | Bangalore, Karnataka | ₹16.8 Cr | 35 | 3 | View details |
Products & Services of Novergy
Novergy offers a comprehensive portfolio of products and services, including Solar Panels, Solar Inverter, Solar Kit, Solar Pump, and Solar Lighting System.
Devices that convert sunlight into electricity for power generation.
Converts DC to AC for solar energy systems.
Bundled solutions for easy solar installation and use.
Pumps water using solar power for agricultural needs.
Provides LED-based lighting powered by solar energy.
Building-integrated panels for architectural applications.
Combines solar with other sources for reliable power.
Solar-powered systems for remote telecom operations.
Apps and channels of Novergy
its YouTube channel Novergy has 79 subscribers and 11 videos.
Videos from Novergy
The most watched videos on Novergy's YouTube channel, Novergy (79 subscribers). Click a video to play it here.
More on Novergy.
Board of directors of Novergy Energy Solutions Private Limited (Novergy)
Novergy Energy Solutions Private Limited is the primary company behind Novergy. The board of Novergy Energy Solutions Private Limited currently have 3 directors; the longest-serving is Nirmala Damani, appointed in 2007.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirmala Damani DIN 01227490 | Director | 27 Feb 2007 | 19 yrs 7 mo | Novergy Energy Solutions Private Limited |
| Anand Damani DIN 00036598 | Managing Director | 27 Feb 2007 | 19 yrs 7 mo | Novergy Energy Solutions Private Limited |
| Bitthal Dass Damani DIN 00036701 | Director | 27 Feb 2007 | 19 yrs 7 mo | Novergy Energy Solutions Private Limited |
Financials of Novergy
Figures of Novergy Energy Solutions Private Limited, the primary company behind Novergy, for FY 2025. Revenue was ₹16.81 Cr (-44% year on year). Net loss was -₹12.2 Lakh (-1% margin). EBITDA was ₹1.61 Cr (10% margin). Revenue has grown at a compounded annual rate of -29% over three years and -4% over five years.
- ₹16.81 CrRevenue · FY 2025 · -44% YoY
- -₹12.2 LakhNet loss · -1% margin
- ₹1.61 CrEBITDA · 10% margin
- ₹1.00 CrPaid-up capital
- 35Employees (provident fund records)
- -29%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Novergy Energy Solutions Private Limited are on its company page.
Detailed financial statements for Novergy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Novergy
Novergy has 8 listed similar companies in our database, 5 of them funded. They include Kyocera, Trina Solar, Goldi Solar, Su-Kam Power Systems and Emmvee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| global.kyocera.com | 1959 | Horse Shoe, United States | $2M | 70,153 | Kyocera is engaged in providing technology solutions globally. | |
| trinasolar.com | 1997 | San Jose, United States | $40M | 69 | Photovoltaic cells for PV and smart energy solutions are developed. | |
| goldisolar.com | 2011 | Surat, India | $230.96M | 1,583 | Manufacturer of solar PV modules | |
| su-kam.com | 1988 | Gurugram, India | $9.94M | 288 | Solar panels and power storage products are manufactured. | |
| emmvee.com | 1992 | Bengaluru, India | – | 530 | Manufactures solar panels, water heaters, and turnkey solutions for renewable energy. | |
| navitassolar.in | 2013 | Surat, India | $9.85M | 134 | Manufacturer of solar panel | |
| moserbaersolar.com | 1983 | Delhi, India | – | 70 | PV modules, solar tiles, and related solar products are manufactured. | |
| saatvikgroup.com | 2015 | Ambala, India | – | 154 | Manufactures solar modules and offers EPC services for renewable energy projects in India. |
Detailed similar companies of Novergy
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Web traffic of Novergy
The website of Novergy (novergysolar.com) receives about 7.6K visits a month.
- Monthly visits7.6K
▼ 28.9% vs previous month
Websites whose visitors overlap most with Novergy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dsneg.com | 100% | – | #4,480,334 | View details | |
| fourthpartner.co | 99% | 9K | #2,157,898 | View details | |
| urenergyglobal.com | 96% | 1.4K | #7,613,461 | View details | |
| cleantechsolar.com | 93% | 10.6K | #2,361,229 | View details | |
| pahalsolar.com | 91% | 3.3K | #5,276,532 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Novergy
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Top companies in Renewable Energy Platforms
10 companies that operate in the same segment as Novergy (Renewable Energy Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Manufacturer of smart solar inverters | 2006 | Herzliya, Central District, Israel | USD 96.8 M | USD 1.18 B | 5,630 | |
Solar panel tracking software is provided for monitoring and control. | 2013 | Fremont, California, United States | USD 42.63 M | USD 3.56 B | 1,300 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Full-end solar services are provided to residential and commercial sectors. | 2009 | Charleston, South Carolina, United States | USD 670.36 M | – | – | |
Micro-inverters and energy storage systems are manufactured for solar applications. | 2006 | Fremont, California, United States | USD 100.07 M | USD 1.47 B | 2,780 | |
Producer and supplier of green hydrogen | 2017 | Nantes, Pays De La Loire, France | USD 96.93 M | USD 11.48 M | 199 | |
Online platform for funding solar projects | 2015 | New York, New York, United States | USD 503.95 M | – | 30 | |
Provider of hydrogen production and storage solutions | 1927 | Oslo, Oslo, Norway | – | USD 95.55 M | 409 |
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Related news about Novergy
Complete news archive for Novergy
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Frequently Asked Questions about Novergy
Novergy was founded in 2006.
Novergy is headquartered in Udaipur, India. It is registered at Udaipur, Rajasthan, India.
Novergy has 35 employees.
The primary company behind Novergy, Novergy Energy Solutions Private Limited, reported revenue of ₹16.81 Cr for FY 2025, down 44% year on year.
Novergy Solar, based in India, designs, manufactures, and supplies solar panels, inverters, and systems for power plants, rooftops, and hybrid solutions. They offer services like solar pumping and telecom systems, serving clients through dealers and direct channels. The company focuses on reliable technology for diverse applications, including remote power and custom designs, with operations in multiple countries.
Novergy's top competitors include Goldi Solar, Trina Solar and Kyocera.
Novergy offers Solar Panels, Solar Inverter, Solar Kit, Solar Pump, and 4 more products and services.
Novergy operates through Novergy Energy Solutions Private Limited.
The legal entities of Novergy currently have 3 directors, including Nirmala Damani, Anand Damani, Bitthal Dass Damani.