UltraVibrant Solar Sets ₹1,500 Crore Turnover Goal

Engineering, Procurement, and Construction (EPC) company UltraVibrant Solar, on Frida, said that it has set a target of Rs 1,500 crore turnover by FY 2026-27. Besides this, the company is also looking to hire more than 15,000 people directly and indirectly through its EPC, manufacturing, and technology sectors in different areas like Rajasthan, NCR, Gujarat, Madhya Pradesh, Uttar Pradesh, and Maharashtra.

After ten years of expertise in the solar EPC and energy storage sector, the firm revealed a significant strategic partnership with Lithina Energy aimed at boosting Indian energy storage capabilities at the Renewable Energy India (REI) Expo 2025, the largest clean energy exhibition in Asia held at the India Expo Centre & Mart, Greater Noida. This interaction also marked the announcement of the launch of the BESS manufacturing facility of Lithina Energy in Jaipur, Rajasthan, for Battery Energy Storage System (BESS).

Battery Energy Storage Systems (BESS) are the technologies that continue to be in the minority in India and are the most important factors in the flexibility of the grid, management of peak loads, and the delivery of sustainable power. The year 2024 saw India's BESS market valued at approximately $7.8 billion (?65,130 crore) and it is expected to grow to $32 billion (?2.67 lakh crore) by 2030- which means a remarkable compound annual growth rate (CAGR) of 26%. During the first half of 2025, the capacity of BESS in India experienced a significant growth of 7.6 GW being assigned to developers, making it the highest BESS allocation in the country till now.

This partnership not only confirms UltraVibrant Solar's dedication to being technologically self-reliant but also places the company in the forefront of India's nascent energy storage ecosystem. The local manufacturing unit will cater to the demand for sophisticated lithium-based batteries for industrial, commercial, and utility-scale use, which is in accordance with the Make in India and Aatmanirbhar Bharat movements. It is projected that the plant will offer more than 500 skilled job opportunities in the near future while supporting India in terms of energy resilience and facilitating the integration of renewable power on a continuous basis.

Rajeshwar Singh, Managing Director, UltraVibrant Solar, commented, "Energy storage is the next step in the evolution of renewable energy in India. The partnership with Lithina Energy is an essential milestone in the road to that goal through local manufacturing. We are creating a strong domestic value chain by the Jaipur BESS facility that not only decreases the dependency on imports but also fortifies the country's energy security. UltraVibrant has consistently been a firm believer in technology-driven execution and this initiative is a testament to our dream of a self-sufficient and sustainable India that is energized by innovation, skilled employment, and clean energy mastery."

Sanyam Changani, the CEO of Lithina Energy, remarked, "The renewable energy journey in India cannot realize its full potential without the development of large scale, indigenous energy storage systems. Our partnership with UltraVibrant Solar brings forth the execution capability of proven EPC and the research of advanced battery development all at one place. The BESS plant at Jaipur will not only cater to the rising demand of industries and utilities in India but also become a benchmark for quality, reliability, and local innovations. We are jointly paving the way for the new phase in renewable energy where solar and battery storage integration is perfect."

Ultra Vibrant Solar, which was founded in 2014, has become one of the most energetic renewable energy solutions providers in India. It has a strong presence in all the major states of India such as Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Uttar Pradesh, Haryana, Punjab, and the National Capital Region (NCR) of Delhi). The firm has built up more than 26 MWp of IPP renewable energy assets and carried out over 47MW rooftop installations under the EPC model, and it is currently developing another 16 MWp of IPP projects. UVS is actively participating in government-backed solar programmes, including PM-KUSUM, PM Surya Ghar Muft Bijli Yojana, and the National Solar Mission, supporting India's large-scale sustainable development ambitions.

Over the past decade, the company has delivered 225+ MW of Solar EPC and BESS projects across India, serving 125+ customers with an 85% repeat clientele rate. UVS has completed 225+ projects, including 47 MWp rooftop, 250 MWp ground-mount, and 26 MWp self-IPP installations.

UltraVibrant's network includes over 400 suppliers and more than 60 I&C partners, which is the reason behind its strong execution capabilities and system-driven delivery. The company has won many national awards, like Best EPC Award, Rajasthan Solar Ratna, Innovation in Renewable Energy Award, State Leadership Award, and Company of the Year - Solar System Integrator (2025).

UltraVibrant Solar will be the leader in India's clean energy transition in the next 10 years if it continues to combine Its EPC excellence, indigenous manufacturing and advanced energy storage integration. It will not only rely on innovation but also on integrity, as its core value.