Interview: Karan Singh

CEO - Asset Management Division at Evolve Energy

New SMART and BIPV Modules Set to Transform Indian Solar Market

April 03, 2025. By Abha Rustagi

Whether it’s distributed solar, storage solutions, or other emerging technologies, Evolve Energy continuously innovate to stay ahead of the curve, said Karan Singh, CEO - Asset Management Division, Evolve Energy, in an interview with Abha Rustagi, Associate Editor, Energetica India.

Que: Evolve Energy has rapidly expanded its footprint across multiple countries and major Indian cities. What key factors have contributed to this sustained growth, and how do you plan to maintain this momentum in the coming years?

Ans: At Evolve Energy, our journey has been driven by a relentless commitment to innovation, quality, and customer-centric solutions. We started as a solar distributor, but our vision was always larger—to build a fully backward-integrated solar solutions company. Over the years, we have expanded our capabilities across manufacturing, project execution, and asset development, enabling us to offer end-to-end solar solutions. This vertical integration has been a key factor in our rapid growth across India.

Another critical driver has been our ability to identify and adapt to market opportunities. Whether it’s distributed solar, storage solutions, or other emerging technologies, we continuously innovate to stay ahead of the curve. Our strong partnerships, operational excellence, and commitment to sustainability have further reinforced our position in the industry.

Looking ahead, we plan to maintain this momentum by expanding our manufacturing capacities, investing in cutting-edge technology, and deepening our presence in high-growth markets. We are also focused on strategic collaborations and financing solutions to make solar more accessible. As the industry evolves, Evolve Energy will continue to lead the way, shaping the future of renewable energy.


Que: With the upcoming launch of SMART modules with inbuilt optimisers and new BIFACIAL and BIPV product lines, how do you see these innovations reshaping the Indian solar market?

Ans: At Evolve Energy, we believe these innovations will play a pivotal role in reshaping the Indian solar market. From a market perspective, they address the growing demand for more efficient, aesthetically integrated, and versatile solar solutions. SMART modules with inbuilt optimisers will significantly enhance energy production by optimising panel performance, even in shaded or suboptimal conditions—essential for the diverse Indian landscape.

On the technical front, bifacial modules are engineered to capture sunlight from both sides, increasing energy yields by harnessing reflected light from surfaces such as rooftops or the ground. This technology promises to enhance system efficiency, particularly in areas with high reflected sunlight. Meanwhile, BIPV solutions offer seamless integration into building structures, combining architectural aesthetics with energy generation. These innovations not only meet the demand for renewable energy but also align with India’s drive for sustainable, energy-efficient infrastructure.

Together, these advancements will catalyse a shift toward more flexible, efficient, and integrated solar solutions, reinforcing our commitment to continuous innovation and positioning Evolve Energy at the forefront of India’s clean energy transformation.


Que: EVVOSOLAR operates a fully automated, hands-free production line with an annual capacity of 350 MW, soon expanding to 500 MW. How does this level of automation impact efficiency, product quality, and delivery timelines?

Ans: Our fully automated, hands-free production line enhances operational efficiency by minimising human intervention, reducing errors, and optimising throughput. This advanced automation ensures consistent product quality through precise, repeatable manufacturing processes while adhering to stringent industry standards. Additionally, it streamlines our supply chain logistics, shortens lead times, and improves scalability, allowing us to deliver faster and more reliably to meet growing market demands.


Que: Given the growing demand for high-efficiency solar modules, what advancements is Evolve Energy incorporating to enhance the performance, stability, and reliability of its monocrystalline, polycrystalline, and Mono PERC modules?

Ans: At Evolve Energy, we leverage advanced cell technologies, superior anti-reflective coatings, and high-performance encapsulants to enhance the efficiency, stability, and reliability of our solar modules. Additionally, we implement improved passivation techniques, optimise temperature coefficient management, and enforce stringent quality control measures to ensure long-term durability and maximise energy output.


Que: With the increasing adoption of BIPV in urban landscapes, how do you foresee its impact on India’s solar adoption rates, and what role does Evolve Energy intend to play in driving this trend?

Ans: At Evolve, we are constantly innovating and exploring new market opportunities to stay ahead in the evolving energy landscape. The growing adoption of Building-Integrated Photovoltaics (BIPV) in urban areas presents a significant opportunity to accelerate solar adoption in India. As cities expand and sustainability becomes a priority, BIPV can seamlessly integrate renewable energy into modern infrastructure without requiring additional land.

We see this as a game-changer for India’s solar sector and Evolve intends to play a key role in driving this transition. We are actively evaluating advanced BIPV solutions that align with urban design aesthetics while maximising energy efficiency. By collaborating with architects, developers, and policymakers, we aim to make BIPV a mainstream solution, ensuring that urban developments are not just energy-efficient but also self-sustaining. Our focus remains on innovation, scalability, and delivering high-performance solar solutions that redefine how energy is harnessed in the built environment.


Que: Evolve Energy has partnered with SIDBI and SBI’s Surya Shakti Scheme to provide affordable financing. How has this partnership helped democratise solar adoption, especially for MSMEs and residential consumers?

Ans: At Evolve Energy, we are committed to making solar energy more accessible and affordable for businesses and households across India. Our partnership with SIDBI and SBI’s Surya Shakti Scheme has been a transformative step in democratising solar adoption, particularly for MSMEs and residential consumers who often face financial barriers to transitioning to renewable energy.

Through this collaboration, we have enabled easier access to affordable financing options with lower interest rates and flexible repayment terms. This has empowered small and medium enterprises (MSMEs) to reduce operational costs and enhance energy independence, while residential consumers can now invest in solar solutions without the burden of high upfront costs.

By integrating financing support with our integrated solutions offering, we are not only accelerating the shift toward clean energy but also contributing to India's larger sustainability goals. The partnership has already driven significant adoption, allowing more businesses and homeowners to benefit from long-term energy savings and reduced carbon footprints.

At Evolve Energy, we remain dedicated to fostering innovation, financial accessibility, and sustainability in the solar industry. With initiatives like these, we continue to push the boundaries of clean energy accessibility, ensuring that solar power is within reach for all.


Que: How do you ensure long-term efficiency, maintenance, and customer satisfaction over the lifecycle of your solar systems?

Ans: At Evolve Energy, we believe that investing in solar should provide a long-term, hassle-free energy solution. Our genuine 25-year solar offering guarantees sustained performance, effortless maintenance, and exceptional customer satisfaction throughout the system's lifecycle.

This commitment is realised through the integration of cutting-edge technology, proactive maintenance strategies, and unwavering support. With advanced real-time monitoring, predictive analytics, and meticulously planned maintenance, our O&M services maximise system efficiency and extend its operational lifespan.

At the heart of our approach is dedication to customer satisfaction. From initial consultation to post-installation assistance, we prioritise transparency, reliability, and responsiveness. More than simply providing solar systems, we offer a long-term, trusted energy partnership.


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