New Delhi: To significantly catapult the energy transition and effectively contribute to the country’s sustainable growth, Gautam Solar plans to expand its annual solar module manufacturing capacity from 1 GW to 2 GW. The leading solar module manufacturing segment player is projected to achieve massive expansion by the end of the calendar year 2024. To enable the projected growth in a steady and timely manner, Gautam Solar will be investing around Rs 150 crores in its manufacturing setup during the year.
For Gautam Solar, North India’s largest solar module manufacturer, this will be a significant leap bolstering its prowess as the major contributor in Solar the country’s solar transition. The expanded manufacturing capacity of Gautam Solar will be used to manufacture the revolutionary N-type TOPCon and Mono PERC Solar Modules. These high-efficiency solar modules are certified as per ALMM and BIS standards for the domestic market and UL & IEC Standards for foreign markets like the United States and Europe.
“We are committed to working with the various industry stakeholders to build a strong indigenous solar manufacturing sector in line with the government’s vision and help India achieve its Net Zero Goal. As we aim to double our capacity by 2024, it will be another step towards achieving our broader pursuit. The fervently dedicated team of experts at Gautam Solar has been working extensively to leverage cutting-edge technologies to create innovative products and strategize solutions to escalate solar module manufacturing domestically. I am optimistic that our growth trajectory will be further catapulted in the years to come,” noted Gautam Mohanka, CEO of Gautam Solar.
Gautam Solar’s products are already being used in a variety of applications, including rooftop solar projects, utility-scale solar projects and C&I Solar plants, both by government agencies and private entities. This major expansion will help the company further reduce India’s reliance on imported Solar Modules and is a testament to the company’s commitment to the ‘Make in India’ campaign.
About Gautam Solar:
Gautam Solar has been ranked among India’s Top 10 Solar Module Manufacturers twice consecutively (Source: “RE Update Q2 2023”, August 2023; “India Solar Annual Report Card CY2022”, March 2023). It has 25+ years of solar industry experience with 4 factories in Haridwar, India and its corporate office in New Delhi, India. The company is in the process of expanding to 2 GW module manufacturing capacity. Using the latest machines and technology, Gautam Solar’s solar panels are manufactured using First-hand top-line machines. It has multiple Patents & IPs registered in its name and is known for its technically superior and innovative solar modules.