Solon

Berlin, Germany Founded: 1996 • Age: 30 yrs Listed
Solar photovoltaic systems are developed for utility and commercial clients.

About Solon

Solon is a publicly listed company based in Berlin (Germany) founded in 1996. Solar photovoltaic systems are developed for utility and commercial clients. The company has 118 employees. Its chief executive, as recorded, is Norbert Apfel. Its Indian entity Solon India Private Limited reported revenue of β‚Ή292 Cr. Its focus areas include Energy, Solar Energy, Project Development Services and Project Developers. Similar companies include BayWa re, ib Vogt and ABO Wind; 2 of its 3 listed similar companies have raised funding.

Company details

Founded in 1996 and headquartered in Berlin, Germany, Solon operates in the solar energy sector, focusing on photovoltaic projects in North America. Comprehensive services are provided, including project development, design, engineering, construction, financing, operations, and maintenance for utility-scale and commercial solar installations. Notable projects encompass the 21 MW Cotton Center solar plant in Arizona and the 5 MW TEP Prairie Fire Solar Project.

  • Headquarters Berlin, Germany
  • Employees 118
  • Stage Public
  • Sectors
    Energy & Utilities
  • Website solon.com
  • Social LinkedIn X
  • Legal Name Solon India Private Limited
  • Date of Incorporation 02 Jun, 2011
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Indian entity revenue
    ₹292 Cr

    FY 2025 · +16% YoY

  • Indian entity net profit
    ₹19.48 Cr

    FY 2025 · 7% margin

  • Indian entity EBITDA
    ₹28.38 Cr

    FY 2025 · 10% margin

  • Employee Count
    118

Board of directors of Solon India Private Limited (Solon)

Solon India Private Limited is the primary company behind Solon. The board of Solon India Private Limited currently have 2 directors; the longest-serving is Kiran Turlapati Satyasai, appointed in 2019. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kiran Turlapati Satyasai
DIN 01589270
Director29 May 20197 yrs 4 moSolon India Private Limited
Haritha Potluri
DIN 08320295
Director27 Apr 20233 yrs 5 moSolon India Private Limited

People of Solon

1 people are tracked at Solon (1 in leadership); the tracked headcount is 118.

NameRoleGroup
Norbert Apfel
CEOLeadership
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Financials of Solon

Figures of Solon India Private Limited, the primary company behind Solon, for FY 2025. Revenue was ₹292 Cr (+16% year on year). Net profit was ₹19.48 Cr (7% margin). EBITDA was ₹28.38 Cr (10% margin). Revenue has grown at a compounded annual rate of +20% over three years and +34% over five years.

  • ₹292 CrRevenue · FY 2025 · +16% YoY
  • ₹19.48 CrNet profit · 7% margin
  • ₹28.38 CrEBITDA · 10% margin
  • ₹7.60 CrPaid-up capital
  • 149Employees (provident fund records)
  • +20%Revenue CAGR, 3 years
  • +34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Solon India Private Limited are on its company page.

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Similar companies to Solon

Solon has 3 listed similar companies in our database, 2 of them funded. They include BayWa re, ib Vogt and ABO Wind.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
baywa-re.com2009Munich, Germany249
Developer & distributor of renewable energy
ibvogt.com2002Berlin, Germany$160M448
Solar utility-scale turnkey solutions are provided globally.
abo-wind.com1996Wiesbaden, Germany$7.48M
Solar and wind energy projects are developed by ABO Wind.
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Detailed similar companies of Solon

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Web traffic of Solon

Websites that share an audience with Solon (solon.com).

Similar websites

Websites whose visitors overlap most with Solon. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
pvsolarreport.com
pvsolarreport.com
100%
–
flettexchange.com
98%
#2,278,329View details
ppcsolar.com
97%
View details
astonsolar.com
97%
View details
ibc-solar.de
ibc-solar.de
96%
#763,566–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Solon

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Frequently Asked Questions about Solon

Solon was founded in 1996.

Solon is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Norbert Apfel is the CEO of Solon, as recorded in our data.

Solon has 118 employees.

The primary company behind Solon, Solon India Private Limited, reported revenue of β‚Ή292 Cr for FY 2025, up 16% year on year.

Founded in 1996 and headquartered in Berlin, Germany, Solon operates in the solar energy sector, focusing on photovoltaic projects in North America. Comprehensive services are provided, including project development, design, engineering, construction, financing, operations, and maintenance for utility-scale and commercial solar installations. Notable projects encompass the 21 MW Cotton Center solar plant in Arizona and the 5 MW TEP Prairie Fire Solar Project.

Solon's top competitors include BayWa re, ib Vogt and ABO Wind.

Solon operates through Solon India Private Limited.

The legal entities of Solon currently have 3 directors, including Kiran Turlapati Satyasai, Haritha Potluri, Neeharika Makkuva.

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