Rays Power to open solar retail stores in India

Facebook
Twitter
LinkedIn
Reddit
Email
The company plans to launch around 10 operational stores in the first year of its operations. Credit: Rays Power

Indian solar developer and EPC firm Rays Power Infra has entered the retail solar segment focusing on PV for homeowners and small-scale commercial establishments, through its group company Rays Future Energy.

The company plans to launch around 10 operational stores in the first year of its operations, and expand to over 70 stores by 2020 covering major cities in India. The solar development firm will commence its first outlet in Gurgaon by the end of November 2018. It will sell various solar-powered products to customers including solar modules, inverters, solar street and garden lights, solar lanterns and bags among others.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

RAYS Solar Experience Centers will also be set up to provide plug-n-play solar power packs (2kW to 20kW) for residential rooftops.

The firm, which is based out of Gurgaon and has offices in Hyderabad and Jaipur, expects to start offering batteries and other energy storage solutions in the future, as well as to work with medium-sized companies.

The firm said it planned on taking advantage of government subsidies for rooftop solar, however, latest figures from the Ministry of New and Renewable Energy (MNRE) show grid-connected rooftop solar uptake is continuing at a disappointing rate with just 1,223MW installed by 31 July this year.

Rahul Mishra, CEO, Rays Future Energy, said: “The distributed (rooftop) solar business in India is yet to witness the growth it has promised. The sector needs organized private participation from large players to provide quality energy solutions for the residential segment to unlock the large potential that Indian markets offer. We have decided to step into the B2C retail segment and offer simplified energy solutions for retail consumers at their doorstep through our energy experience centers.”

Back in March, Indian PV module manufacturer Waaree Energies launched its own do-it-yourself rooftop solar kit, aiming to reduce the time and manpower needed for standard installations.

Read Next

September 17, 2025
Spanish renewables developer and operator Acciona Energía has commissioned its 412MWp Juna solar PV plant in Kawani village in the western state of Rajasthan. 
September 16, 2025
IB Solar is investing INR30 billion (US$340 million) in a 4GW TOPCon solar cell and module manufacturing plant in Jewar, Uttar Pradesh.
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
Vikram Solar has secured a contract to supply 200MW of modules to AB Energia, a domestic solar engineering, procurement, and construction (EPC) solutions provider. 
September 12, 2025
ACME Venus Urja has secured INR3.8 billion (US$43 million) to develop and construct a solar-plus-storage project in Barmer, Rajasthan.
September 10, 2025
Indian solar module manufacturer Vikram Solar reported a 79.7% year-on-year increase in revenue for the first quarter of FY26.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA