About Solarpack
Solarpack is an Energy & Utilities company based in Getxo (Spain) founded in 2005. Utility-scale solar photovoltaic projects are developed and managed globally. Solarpack has completed 1 acquisition, including Solaer. Its Indian entity Thukkapur Solar Private Limited reported revenue of ₹17.02 Cr. Solarpack offers products and services including Solar Energy Projects, Wind Energy Projects, and Decarbonization Services. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Its competitors include SolarMente, TSK Electronics and Electricity and X-Elio; 1 of its 3 listed competitors has raised funding.
Company details
Solarpack was founded in 2005 and is headquartered in Getxo, Spain. Operations focus on the development, financing, construction, operation, and management of utility-scale solar photovoltaic generation projects within the renewable energy sector. A total of 35 MWp has been commissioned across five sites in Spain and Uruguay, supported by a global portfolio. Site management services are also provided for client installations.
- Headquarters Getxo, Spain
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website solarpack.es
- Social LinkedIn X Facebook
- Legal Name Thukkapur Solar Private Limited
- Date of Incorporation 09 Nov, 2015
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹17.02 Cr
FY 2025 · -12% YoY
- Indian entity net profit₹2.07 Cr
FY 2025 · 12% margin
- Indian entity EBITDA₹15.31 Cr
FY 2025 · 90% margin
- Latest Funding Round$91M (USD), Debt – Conventional
Mar 2019
- InvestorsKfW IPEX-Bank
& 1 more
- Investments & Acquisitions
Associated legal entities of Solarpack
Solarpack operates through Thukkapur Solar 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 |
|---|---|---|---|---|---|---|---|
| Thukkapur Solar Private Limited CIN U40106HR2015PTC132541 | Active | 09 Nov 2015 | Gurgaon, Haryana | ₹17.0 Cr | 5 | View details |
Products & Services of Solarpack
Solarpack offers a comprehensive portfolio of products and services, including Solar Energy Projects, Wind Energy Projects, and Decarbonization Services.
Develops solar plants for decarbonization and energy transition.
Manages wind farms to support sustainable power generation.
Provides partnership-based solutions for carbon-free strategies.
Funding Insights of Solarpack
- Total Rounds 3
- Last Round Debt – Conventional — $91M
- Investors Count 2
All 3 funding rounds of Solarpack with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $91M | Debt – Conventional | – | – | |
| May 2017 | $104M | Debt – Conventional | – | – | – |
| Sep 2016 | Series A | – | Ardian | – |
2 investors in total: 2 institutional.
Investors in Solarpack
Solarpack has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include KfW IPEX-Bank and Ardian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private investment firm specializing in markets and partnerships. | ardian.com | |||
Provides financing for international projects, exports, and sustainable ventures globally. | 1948 | kfw-ipex-bank.de | Frankfurt Am Main, Germany |
Investor details for Solarpack
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Thukkapur Solar Private Limited (Solarpack)
Thukkapur Solar Private Limited is the primary company behind Solarpack. The board of Thukkapur Solar Private Limited currently have 5 directors; the longest-serving is Jayakrishnan Chonat, appointed in 2024. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jayakrishnan Chonat DIN 08381951 | Director | 12 Jun 2024 | 2 yrs 4 mo | Thukkapur Solar Private Limited |
| Monika Roy DIN 11105024 | Director | 26 May 2025 | 1 yr 5 mo | Thukkapur Solar Private Limited |
| Vinamra Singh DIN 09719608 | Additional Director | 31 Oct 2025 | 1 yr | Thukkapur Solar Private Limited |
| Rohit Kumar Joshi DIN 08134395 | Additional Director | 31 Oct 2025 | 1 yr | Thukkapur Solar Private Limited |
| Parag Sharma DIN 05208975 | Additional Director | 31 Oct 2025 | 1 yr | Thukkapur Solar Private Limited |
Financials of Solarpack
Figures of Thukkapur Solar Private Limited, the primary company behind Solarpack, for FY 2025. Revenue was ₹17.02 Cr (-12% year on year). Net profit was ₹2.07 Cr (12% margin). EBITDA was ₹15.31 Cr (90% margin). Revenue has grown at a compounded annual rate of +1% over three years and -2% over five years.
- ₹17.02 CrRevenue · FY 2025 · -12% YoY
- ₹2.07 CrNet profit · 12% margin
- ₹15.31 CrEBITDA · 90% margin
- ₹8.77 CrPaid-up capital
- +1%Revenue CAGR, 3 years
- -2%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Thukkapur Solar Private Limited are on its company page.
Detailed financial statements for Solarpack
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Solarpack
Solarpack has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Solaer.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar PV projects are developed, constructed, operated, and maintained. | solaer.net | 2011 | Sep 2022 | •••• |
Complete acquisition details for Solarpack
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
Verified entity values are shown only after access is granted.
Timeline of Solarpack
4 dated milestones of Solarpack across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Solarpack is founded.
- Funding First funding round.
- Funding Latest funding round, Debt – Conventional, of $91.0M.
- Acquisition Acquires Solaer.
Competitors of Solarpack
Solarpack has 3 listed competitors in our database, 1 of them funded. They include SolarMente, TSK Electronics and Electricity and X-Elio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solarmente.es | 2019 | Barcelona, Spain | $55.25M | Solar panel installation services are provided in Barcelona, Spain. | ||
| grupotsk.com | 1986 | Gijon, Spain | Solar engineering, procurement, and construction services are provided. | |||
| x-elio.com | 2005 | Madrid, Spain | Turnkey solutions for utility-scale photovoltaic plants are developed and operated. |
Detailed competitors of Solarpack
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Solarpack
Websites that share an audience with Solarpack (solarpack.es).
Websites whose visitors overlap most with Solarpack. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zelestra.energy | 100% | 28.2K | #1,072,621 | View details |
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Frequently Asked Questions about Solarpack
Solarpack was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Solarpack is headquartered in Getxo, Spain. It is registered at Getxo, Basque Autonomous Community, Spain.
The primary company behind Solarpack, Thukkapur Solar Private Limited, reported revenue of ₹17.02 Cr for FY 2025, down 12% year on year.
Solarpack was founded in 2005 and is headquartered in Getxo, Spain. Operations focus on the development, financing, construction, operation, and management of utility-scale solar photovoltaic generation projects within the renewable energy sector. A total of 35 MWp has been commissioned across five sites in Spain and Uruguay, supported by a global portfolio. Site management services are also provided for client installations.
Solarpack's top competitors include SolarMente, X-Elio and TSK Electronics and Electricity.
Solarpack offers Solar Energy Projects, Wind Energy Projects, and Decarbonization Services.
Solarpack has made 1 acquisition, including Solaer.
Solarpack has 2 investors. Key investors include KfW IPEX-Bank, and Ardian.
Solarpack operates through Thukkapur Solar Private Limited.
The legal entities of Solarpack currently have 5 directors, including Jayakrishnan Chonat, Vinamra Singh, Rohit Kumar Joshi and others.