Solarworld Energy Solutions Ltd. IPO

We are engaged in providing solar energy solutions, specialising in engineering, procurement and construction (“EPC”) services for solar power projects. We commenced the operations in 2013, offering comprehensive, end to end and cost-effective solutions for the installation of ... solar power projects tailored to the customers’ needs, which comprise public sector undertakings (“PSUs”) and commercial and industrial clients (“C&I Clients”). the business operations are supported by the strong execution capabilities, which is demonstrated by the projects which have achieved their commercial operation date (“Completed Projects”) and the projects for which we have received orders or are currently under execution (“Ongoing Projects”). As on July 31, 2025, we have Completed Projects with a total capacity of 253.67 megawatts (“MW”) AC/ 336.17 MW DC, and Ongoing Projects with a capacity of 765 MW AC / 994 MW DC for EPC and 325 MW/650 MWh for BESS. The solutions are designed to strengthen the customers sustainable energy infrastructure, supporting their decarbonization efforts and driving energy efficiency improvements. We offer these solutions through two distinct models namely the capital expenditure (“CAPEX”) model and the renewable energy service company (“RESCO”) model. Under the CAPEX model, we provide end-to-end solutions by designing, installing, setting up and commissioning the solar power projects on a turn-key basis for the customers, while the ownership of the solar power projects vests with the customer itself. The scope of the services ranges from the evaluation of land, designing of the project, procurement of raw material and components, installation of equipment, setup of the transmission infrastructure and the maintenance/operation of the project for the contracted period. Read more

Unless otherwise indicated, industry and market data used in this section has been derived from the industry report titled
“Strategic assessment of Indian solar power market” dated September 2025 (the “CRISIL Report”) prepared and issued by
CRISIL, appointed by ... us pursuant to an engagement letter dated June 20, 2024 read with August 22, 2025 and exclusively commissioned and paid for by us to enable investors to understand the industry in which we operate in connection with the Offer. The data included herein includes excerpts from the CRISIL Report and may have been re-ordered by us for the purposes of presentation. Unless otherwise indicated, financial, operational, industry and other related information derived from the CRISIL Report and included herein with respect to any particular calendar year/ Fiscal refers to such information for the relevant calendar year/ Fiscal. A copy of the CRISIL Report is available on the website of the Company at https://worldsolar.in/investors/industry-reports/. Industry stheces and publications are also prepared based on information as of specific dates and may no longer be current or reflect current trends. Industry stheces and publications may also base their information on estimates, projections, forecasts and assumptions that may prove to be incorrect. Accordingly, investors must rely on their independent examination of, and should not place undue reliance on, or base their investment decision solely on this information. The recipient should not construe any of the contents of the CRISIL Report as advice relating to business, financial, legal, taxation or investment matters and are advised to consult their own business, financial, legal, taxation, and other advisors concerning the transaction. While preparing the report, CRISIL has also stheced information from publicly available stheces, including the Company’s financial statements available publicly. Read more