P R
RESS ELEASE
84 | June 2025 | www.industrialoutlook.in
Kameleon Solar BV, a global
pioneer in architectural photovolta-
ic solutions, is pleased to announce
the signing of a strategic partner-
ship and long-term technology
licensing agreement with Nithin Sai
Renewables Pvt. Ltd. (NSRPL), a
leading renewable energy company
headquartered in Bangalore, Karna-
taka, India.
This collaboration represents a
significant milestone in Kameleon
Solar’s global expansion strategy.
Under the terms of the agreement,
Kameleon Solar will license its
proprietary ColorBlastTM Build-
ing-Integrated
Photovoltaics
(BIPV) technology for manufactur-
ing in India. The partnership grants
NSRPL exclusive market rights
across India, the United Arab Emir-
ates (UAE), the broader Middle
East, and the MENA (Middle East
and North Africa) region.
Mr. Kevin Verpaalen, Chief Execu-
tive Officer of Kameleon Solar BV,
stated:
“We are delighted to partner with
Nithin Sai Renewables in bringing
our
cutting-edge
ColorBlastTM
BIPV technology to the Indian
subcontinent. This collaboration not
only enhances our international
footprint but also furthers our
mission to revolutionize how solar
energy is integrated into buildings
with colour, design, and innovation
at the forefront.”
Mr. Nithin Sai, Managing Director
of NSRPL, remarked:
“This partnership is a proud mile-
stone for NSRPL and for India.
Introducing locally manufactured,
multi-colour,
and
multi-design
BIPV products to the Indian market
is unprecedented. It underscores our
commitment to innovation and
aligns with the Government of
India’s ‘Make in India’ initiative.
We foresee the BIPV sector evolv-
ing
into
a
multi-billion-dollar
industry in the near future.”
Effective immediately, the new
BIPV brand will be launched under
the name ‘Navgrun – Powered by
Kameleon Solar’.
Mr. Dharmendra P., Director – Busi-
ness Development & Strategy at
NSRPL, commented:
“This long-term, visionary partner-
ship was formally concluded at
Kameleon Solar’s headquarters in
Roosendaal,
in
the
esteemed
presence of Mr. Guust Verpaalen,
Founder and advisor of Kameleon
Solar BV. Together, we aim to deliv-
er next-generation solar solutions to
rapidly
expanding
infrastructure
markets across Asia and the Middle
East.”
Mr. Ramesh Shivanna, Chief Tech-
nology Officer of NSRPL, added:
“The introduction of this advanced
BIPV technology marks a transfor-
mative step for India's clean energy
sector. It enables the seamless and
aesthetic
integration
of
solar
technology
into
commercial,
residential, and industrial building
facades.”
Mr. Chiraag Reddy, Head of Engi-
neering of Kameleon Solar BV,
concluded:
“As India accelerates its transition
to green energy, technologies such
as BIPV are not merely optional
they are essential. We are excited to
see our innovations playing a vital
role in advancing India’s sustain-
ability and energy-efficiency objec-
tives.”
KAMELEON SOLAR BV ANNOUNCES STRATEGIC
MANUFACTURING AND TECHNOLOGY PARTNER-
SHIP WITH NITHIN SAI RENEWABLES PVT. LTD. FOR
INDIA AND MENA MARKETS