We would like to inform you that Solarium Green Energy Limited has join hands with WattPower as a Value-added partner. The Company has teamed up with WattPower Systems Private Limited ....
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Solarium Green Energy has teamed up with WattPower Systems Private Limited as a Value-Added Partner to distribute high-quality solar inverters across Madhya Pradesh and Maharashtra. The collaboration targets ground-mounted solar projects in both urban and rural areas, with Solarium providing regional reach and last-mile delivery support. WattPower is the manufacturing arm of Germany's Wattkraft Group, which has delivered over 17 GW of clean energy across 17 countries and holds around 15 GW of market share in India, serving clients such as Adani Green Energy, Torrent Power, and Greenko. The featured product is the WP-330KTL-H1 high-efficiency Smart String Inverter (≥99% efficiency, 1,500V input, 6 MPP trackers). A formal agreement is yet to be executed and will be disclosed to the exchange once signed.
This is a positive development for Solarium shareholders as it gives the company access to a premium, internationally backed solar inverter brand and expands its distribution footprint in two key states. Execution risk remains since the formal agreement is still pending and revenue impact depends on how quickly ground-mounted solar projects ramp up.