APL Apollo Tubes and Ornate Solar have announced a strategic partnership to develop innovative structural solutions for India’s solar industry. The venture aims to leverage the shared expertise in structural steel engineering and solar energy to build integrated energy solutions that can provide a redefined outlook to sustainable construction.
The partnership will complement the existing businesses lines of both companies, and they will work together to design, engineer, build and manufacture the solutions.
APL Apollo, with its investments in Direct Forming Technology, is revolutionizing the steel construction industry with the unique ability to manufacture customized rectangular steel sections that can be engineered to save building costs by up to 15% and enable 3x faster construction for infrastructure projects.
With its core philosophy of ‘Growing Faster by Building Faster’ and a focus on continuous innovation, APL Apollo has captured 55% of the market share for steel tubes across India and has won the trust of millions of consumers worldwide.
Anubhav Gupta, Chief Strategic Officer of APL Apollo, announced the partnership with Ornate Solar at the ‘Nayi Soch’ Steel Building Solutions conference held in Bangalore.
He stated that the partnership aligns with APL Apollo’s strategy of creating new markets for their products and disrupting steel construction with new product launches and revolutionary thinking. He also praised Ornate Solar’s core philosophies of innovation and sustainability and expressed excitement to bring new products to their building solutions catalogue.
The APL Apollo Ornate InRoof, touted as India’s first Integrated Solar Roofing solution, was unveiled at the event, transforming conventional solar panels into the primary roof for industrial sheds and commercial buildings.
The patented assembly is completely rainproof and can be used for solar car parks, canopies, and facades, apart from roof-integrated photovoltaic systems.
The partnership expects to generate Rs. 2,500 crore in revenues by FY27 and will require hiring about 250 engineering graduates by then.
It will operate from the National Capital Region and house an innovation hub, a design center for advanced technologies, as well as manufacturing facilities in other parts of India. The venture is a significant step forward in the commitment to building a greener, cleaner planet by bringing a sharper focus and renewed vigor to strategic growth plans in this space.