WattPower Surpassed Rs.1500 Crore Business Size In 2024

WattPower, a global renewable energy provider, reported that it has surpassed a business size of Rs 1,500 crore in India, registering a year-on-year (YoY) growth of 100% from 2023 to 2024. This growth trajectory reaffirms WattPower’s position as one of the market leaders in the smart PV solutions space, with a strong presence in solar inverter manufacturing and hybrid energy solutions.

WattPower counts Adani Green Energy, Avaada Energy, Greenko, and Megha Engineering & Infrastructures Ltd (MEIL) among its key clients, helping the company expand its footprint across India’s utility-scale solar projects. These tie-ups have enabled WattPower to expand its footprint across utility-scale projects, further reinforcing its capability to deliver reliable, efficient, and scalable solar energy solutions across India’s growing renewable infrastructure.  The company said it was involved in powering multiple solar projects across the country, supported by a growing stakeholder base of more than 40 percent.

WattPower’s has led over 500+ clean energy projects delivered annually and 100+ more in various stages of development. As part of its expansion, WattPower is committed to focusing on strengthening the technical and service team to ensure a turnaround of any support calls from any corner of India within 24 hours. This would also mean an expansion of employment by 30% across departments. This move can enhance customer support and after-sales service while driving further improvements in its advanced product line, including flagship inverters and smart array controllers.

Commenting on the company’s journey, Divya Prakash Choraria, Co-founder and CEO of WattPower, said, “With India’s solar energy sector growing at a rapid pace, we see a strong opportunity to scale further and hit new milestones.” Our partnerships with leading players reflect the confidence the industry places in us. As the country pushes towards a greener energy future, WattPower is focused on playing a meaningful role in this transition and building a long-term, sustainable ecosystem.”