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Solar PV Systems Company Investment Opportunity in New Delhi, India

Innovative company with a newly designed 2-Axis Solar tracking system that addresses existing shortcomings.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 346 thousand
EBITDA Margin 0 - 10 %
Industries Solar PV Systems
Locations  New Delhi
Local Time 12:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 690 thousand for 10.0% stake (Native Currency: INR 60,000,000)
Reason: - Runway expenses to cover hiring a technical and business development team. - Sales promotional ex... View More
Includes physical assets worth USD 75 thousand
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Business Overview
Different types of Solar PV Trackers suit every season and geographical location.
1. 2-Axis Solar Tracker (AT 2X): -
A. It has two simultaneous movements i. e East to West and North to South. Maintaining the angle of incidence close to a right angle.
B. It overcomes the design shortcomings of available conventional horizontal single-axis trackers by addressing all seasons of the year.
C. Can be installed at ANY geographical location across the Globe for consistent performance.
D. Higher Yield compared to any type of single-axis tracking system.
2. Tilted Single Axis Tracker (AT 1XT): -
A. Only one movement from East to West.
B. Panels are mounted at an angle towards the South, depending upon the location.
C. Installation away from the equator will give better results compared to conventional HSAT.
D. Require land equivalent to any conventional SAT.
3. Horizontal Single Axis Tracker (AT 1XH): -
A. Only one movement from East to West.
B. Panels are mounted horizontally to the ground.
C. Installation only along the line of the Equator will give better performance. As we move away from the equator, its performance will deteriorate gradually.
D. By virtue of its design, the pitch between the trackers is NOT required except for pathways. Thus, saving land requirement by > 25%.
- We are pleased to share that our design and technology have been granted a patent for 42 countries, including INDIA, USA, Canada, EU & UK.
- Executed over 15 MW in a 2-axis tracker and a prospective base of over 75 MW for this year.
- We hire EPC companies to do the installation work.
- We are registered as a private limited entity and have a GST registration.
Products & Services Overview
Our understanding on Solar industry has prompted in developing a unique design benefitting the IPP’s to greater extent.
• The orientation of our tracker arrays are aligned along the E/W axis unlike the other conventional trackers.
• The system features a highly optimized and innovative structural design, resulting in a very competitive cost due to reduced tonnage per megawatt (MW).
• Its modular and decentralized architecture enhances adaptability to various terrains and improves overall plant availability.
• Higher yield performance and lower land requirement mean higher efficiency and even higher project returns.
• Unique design with space between them is an added advantage with Bifacial modules.
Assets Overview
72 tracking systems in a 1 MW solar park.
12 Tracking systems in a 1 MW solar park.
400 Tracking systems in a 4.1 MW solar park.
Facilities Overview
We have a 500 sq. ft. office space in New Delhi, India.
Capitalization Overview
Majorly, this business is self-funded and has received an INR 25 lakh loan at 5% interest from the Department of Science & Technology, Govt of India.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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