Glowship Launches First of its Kind Online Platform for Rooftop Solar

Bangalore: NP NEWS 24 ONLINE – Glowship.com, India’s largest marketplace for solar & home utility solutions, today announced the launch of its platform for providing rooftop solar solutions. The platform will primarily target the residential & small commercial segment, estimated to exceed INR 150,000 Cr by 2025 and considered amongst the fastest growing markets in the country.

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Rooftop Solar is expected to play a critical role in helping the country achieve its national goals of energy for all and energy independence. With the country receiving 300 days of peak sunshine, the total market potential for rooftop solar in urban settlements is estimated to be  124 GW  (source: The Energy Resources Institute). With greater awareness and understanding of the attractive return on investment rooftop solar provides the sector is expected to grow exponentially over the next few years.

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Speaking on the launch, Srinivas Potukuchi, Founder & CEO, Glowship.com said, “Over the last 3 years we have seen an increasing interest in customers wanting to adopt solar power. However, there is a lot of noise in the market, with confusion related to the types of solutions available, components being used and lack of a comprehensive comparison and understanding of the benefits that are restricting adoption. Solar is also widely perceived as a way to contribute to the environment or a bill reduction solution, with most being unaware that it can also become a captive source of dependable power providing attractive financial returns – that increase every year and are tax-free over the entire lifetime of 20 – 25 yrs. Through our platform, we aim to overcome these barriers by simplifying the purchase process and optimizing the system selection and design for long-term performance. Glowship hopes to accelerate adoption and expand the size of the market by providing end-to-end enablement to both homeowners and partner associates”.

Glowship leverages the power of an E-Commerce platform and its solar expertise to provide customers an instant, accurate quote online along with a comprehensive estimate of the potential benefits for different types of solar rooftop solutions & configurations, a first-of-its kind offering in the solar industry. For smaller capacities, customers are provided a best-fit recommendation, or, provided the option to configure their own system with components of their choice and place an order for the entire system online. For higher capacities, Glowship optimizes the online recommendation to site specific parameters such as the shadow-free area available on the roof and the exact energy consumption pattern of the site through an accurate site assessment carried out by partner associates equipped with its proprietary IoT based site survey kit; and the customer’s hardware preferences to deliver a solution that is optimal and provides the best return-on-investment and assured performance over its lifetime.

“Glowship’s controlled ecosystem of certified offline partners provides companies and manufacturers a viable, cost-effective customer acquisition and distribution channel for their offerings. Our network of partner associates ensures last-mile scaling of our operations while delivering quality, consistency and assurance through end-to-end enablement provided by our technology platform. Glowship will also partner with other players in the ecosystem to offer financing options and introduce newer technologies, to further accelerate the adoption of rooftop solar in the country.” said Raghuram Panyam, Co-founder and CTO, Glowship.com

Glowship has also launched a mobile app for partners and homeowners to continually monitor the performance of their solar power systems. Its proprietary real-time monitoring system gathers all relevant performance data to provide alerts and analytics on the app. Associates can also use the App to qualify leads, generate instant techno-commercial recommendations and branded proposals for customers. During installation, Glowship equips partner associates with its proprietary hardware, SunSync that simplifies installation and error-proofs interconnection of components from any brand/make or technology. SunSync, also makes the deployment of solar flexible by eliminating re-wiring requirements during installation as customers can manage the running of high power appliances based on their power consumption pattern and availability of stored energy.

Glowship intends to expand its partnerships with manufacturers and select channel partners to scale the platform Pan-India. The market size for the residential power back- up segment, including solar, is currently estimated at around Rs 10,000 Cr with the solar segment growing 35% year-on-year.

About Glowship

Glowship.com is India’s largest solar & home utility solutions marketplace, providing customers the convenience of a single platform for aggregating their purchases related to energy generation, back-up power, water, pumping & environment management solutions.

Customers buying on Glowship.com have access to automated product sizing tools and proprietary analytics that enable effortless sizing, selection and purchase of the best-fit products for their requirements. Glowship provides customers an end-to-end offering that includes delivery, installation and post-purchase support and scales deployment while maintaining quality and consistency through partner associates by equipping them with its patent-pending IoT tools for technology enabled site-assessment, installation and performance monitoring.

The marketplace carries a wide selection of offerings from leading manufacturers, sold by authorized channel partners at very competitive prices.

Headquartered in Bangalore, Glowship was launched in 2015.