About SolarTech Renewable Energy
SolarTech Renewable Energy is an Energy & Utilities company based in Thrissur (India). It provides solar panel installation, maintenance, and consultancy services in Kerala. It operates on a B2C and B2B model. The company has 7 employees. Its Indian entity Solartech Renewable Energy Private Limited reported revenue of ₹8.14 Cr. SolarTech Renewable Energy offers products and services including Solar Panel Installation, Annual Maintenance Contracts, Solar Consultancy, Plant Cleaning Services, and Hybrid System. Its focus areas include Energy, Renewable Energy, Solar Power and Maintenance and Consultancy. Similar companies include Fourth Partner Energy, Sterling And Wilson and GREW; 3 of its 3 listed similar companies have raised funding.
Company details
SolarTech specializes in designing and installing solar power systems, including on-grid and off-grid solutions, while offering annual maintenance and cleaning services. The company operates in various districts of Kerala, such as Thrissur and Trivandrum, assisting residential and commercial clients with MNRE subsidies to promote renewable energy. They focus on efficient solar products and consultancy to reduce energy costs and support sustainable living through professional project management.
- Headquarters Thrissur, India
- Employees 7
- SectorsEnergy & Utilities
- Email••••••••
- Website solartechind.com
- Social Instagram
- Legal Name Solartech Renewable Energy Private Limited
- Date of Incorporation 03 Apr, 2019
- Jurisdiction Mulanthuruthy, Kerala, India
- Annual Revenue₹8.14 Cr
FY 2024 · -4% YoY
- Net Profit₹18.3 Lakh
FY 2024 · 2% margin
- EBITDA₹40.2 Lakh
FY 2024 · 5% margin
- Employee Count7
Associated legal entities of SolarTech Renewable Energy
SolarTech Renewable Energy operates through Solartech Renewable Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Solartech Renewable Energy Private Limited CIN U40106KL2019PTC057489 | Active | 03 Apr 2019 | Mulanthuruthy, Kerala | ₹8.1 Cr | 7 | 2 | View details |
Products & Services of SolarTech Renewable Energy
SolarTech Renewable Energy offers a comprehensive portfolio of products and services, including Solar Panel Installation, Annual Maintenance Contracts, Solar Consultancy, Plant Cleaning Services, and Hybrid System.
Service for designing and installing solar systems with government subsidies.
Ongoing support for solar plants to ensure optimal performance and longevity.
Expert advice on solar projects and subsidy applications for clients.
Regular cleaning and monitoring of solar panels for efficiency.
Installation of on-grid and off-grid hybrid solar systems for power needs.
Board of directors of Solartech Renewable Energy Private Limited (SolarTech Renewable Energy)
Solartech Renewable Energy Private Limited is the primary company behind SolarTech Renewable Energy. The board of Solartech Renewable Energy Private Limited currently have 2 directors; the longest-serving is Madhu Pathani Padam Purushothaman, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Madhu Pathani Padam Purushothaman DIN 08411243 | Managing Director | 03 Apr 2019 | 7 yrs 6 mo | Solartech Renewable Energy Private Limited |
| Anand Madhu DIN 08411244 | Director | 03 Apr 2019 | 7 yrs 6 mo | Solartech Renewable Energy Private Limited |
Financials of SolarTech Renewable Energy
Figures of Solartech Renewable Energy Private Limited, the primary company behind SolarTech Renewable Energy, for FY 2024. Revenue was ₹8.14 Cr (-4% year on year). Net profit was ₹18.3 Lakh (2% margin). EBITDA was ₹40.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of +114% over three years.
- ₹8.14 CrRevenue · FY 2024 · -4% YoY
- ₹18.3 LakhNet profit · 2% margin
- ₹40.2 LakhEBITDA · 5% margin
- ₹10 LakhPaid-up capital
- 7Employees (provident fund records)
- +114%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Solartech Renewable Energy Private Limited are on its company page.
Detailed financial statements for SolarTech Renewable Energy
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Similar companies to SolarTech Renewable Energy
SolarTech Renewable Energy has 3 listed similar companies in our database, 3 of them funded. They include Fourth Partner Energy, Sterling And Wilson and GREW.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourthpartner.co | 2010 | Hyderabad, India | $564.02M | 425 | On-grid and off-grid solar solutions and products are provided. | |
| sterlingandwilson.com | 1927 | Mumbai, India | $50M | 6,013 | EPC and MEP services are provided across diverse sectors. | |
| grew.one | 2022 | Ahmedabad, India | $4.22M | 1,556 | Provider of a range of solar products and services |
Detailed similar companies of SolarTech Renewable Energy
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Top companies in Renewable & Sustainable Energy
3 companies that operate in the same segment as SolarTech Renewable Energy (Renewable & Sustainable Energy) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hybrid renewable energy solutions are provided for rural communities. | 2008 | Patna, Bihar, India | USD 73.99 M | USD 3.46 M | 294 | |
Solar energy projects are developed for commercial and industrial clients. | 2011 | Mumbai, Maharashtra, India | USD 442.67 M | USD 166.51 M | 365 | |
Manufacturer of solar PV modules | 1990 | Mumbai, Maharashtra, India | USD 111.38 M | USD 2.77 B | 8,690 |
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Frequently Asked Questions about SolarTech Renewable Energy
SolarTech Renewable Energy is headquartered in Thrissur, India. It is registered at Thrissur, Kerala, India.
SolarTech Renewable Energy has 7 employees.
The primary company behind SolarTech Renewable Energy, Solartech Renewable Energy Private Limited, reported revenue of ₹8.14 Cr for FY 2024, down 4% year on year.
SolarTech specializes in designing and installing solar power systems, including on-grid and off-grid solutions, while offering annual maintenance and cleaning services. The company operates in various districts of Kerala, such as Thrissur and Trivandrum, assisting residential and commercial clients with MNRE subsidies to promote renewable energy. They focus on efficient solar products and consultancy to reduce energy costs and support sustainable living through professional project management.
SolarTech Renewable Energy's top competitors include Fourth Partner Energy, GREW and Sterling And Wilson.
SolarTech Renewable Energy offers Solar Panel Installation, Annual Maintenance Contracts, Solar Consultancy, Plant Cleaning Services, and Hybrid System.
SolarTech Renewable Energy operates through Solartech Renewable Energy Private Limited.
The legal entities of SolarTech Renewable Energy currently have 2 directors, including Madhu Pathani Padam Purushothaman, Anand Madhu.