GH2 Solar – Solar and Green Hydrogen EPC – EVERGROW CAPITAL OPPORTUNITIES FUND

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GH2 Solar – Solar and Green Hydrogen EPC

GH2 Solar enables industries to transition to sustainable energy sources by focusing on providing end-to-end solutions across solar EPC, green hydrogen, and hybrid energy systems. GH2 Solar serves a diverse clientele, including government entities, industrial giants, and commercial sectors. The company specializes in creating tailored energy solutions designed to meet India’s net-zero goals. The company operates in 3 major business verticals: 1) Solar EPC and PMC, 2) Green Hydrogen EPC, and 3) Hydrogen Infrastructure development.

Investment Rationale

Successfully delivered EPC Solar projects with 50 MW of installed capacity

Strong order book with orders worth 150 MW of installed capacity in the pipeline

Marquee clients include: Pepsico, Aditya Birla, Flipkart and Club Mahindra

Exclusive partnership with Rhizome to distribute fuel cells in India

Leading India’s first hydrogen-powered microgrid in Leh in partnership with NHPC

GH2 Solar Valuation – $26 Million | Funds raised – $2.6 Million

Key Informatics

Financial Performance (FY24): Revenues – $7.6M , Gross Profits – $2 M

Key Clients: Sunil Mittal Family Office, RPSG Family Office, Varun

Beverages Family Office, Manyavar Family Office, Dalmia

Family Office

Sector: EPC Projects

GH2 Solar – Solar and Green Hydrogen EPC