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Mahindra Solar One
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Developer and operator of solar energy projects

Founded in 2010
Founded in

Company type Public Public ()
Company type

Industry Group energy & power

Sector solar

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters India Mumbai, India
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Parent Companies Mahindra

Updated by Cleantech Group on 09/06/2021

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Date Company
Partnerships
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Date Partner Type
10/08/2012
First Solar First Solar
First Solar will sell 50 MW of its solar panels to developers Kiran Energy Solar Power and Mahindra Solar One for two projects in the Indian state of Rajasthan.
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Confirmed by First Solar
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IPO INFORMATION

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Description

Date Investors Type Amount
01/30/2012 International Finance Corporation (IFC) International Finance Corporation (IFC) (1)
Post-money valuation of
IFC is providing $5 million in debt project finance for a 5MW solar power project in Rajasthan, India.
Project Finance $5,000,000
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