Gautam Solar Announces Cell Making Foray With 2 GW Capacity

Gautam Solar Plans 2 GW solar cell manufacturing plant in Haryana

New Delhi based Gautam Solar, a 27+ years experienced solar manufacturer, is preparing to launch a significant venture to establish a 2 GW solar cell manufacturing plant in the first phase. With an estimated investment of Rs. 1000 crores for the 2 GW solar cell facility, the company wants to cater to the growing demand for renewable energy in India. The move comes even as the Government of India guidelines has announced plans to include solar cells in the Approved List of Models & Manufacturers (ALMM) from 2026. Gautam Solar is already enlisted in the ALMM list for its modules.

This new solar cell facility will enable Gautam Solar to meet the rising demand for DCR (domestic content requirement) panels, crucial for government-backed subsidy projects requiring locally manufactured components. The company aims to enhance its competitiveness by offering high-quality, DCR-compliant solar cells, positioning itself as a strong alternative to Chinese manufacturers, who currently dominate the Indian solar cell supply chain.

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Gautam Mohanka, CEO, Gautam Solar

The company has already acquired a 60-acre land parcel in Bhiwani, Haryana, for the purpose of manufacturing solar panels and their raw materials. However, it’s still open to considering other locations based on the overall ecosystem. By vertically integrating its operations, the company will further expand its capabilities, complementing its already operational solar module manufacturing plant in Haridwar and the upcoming module manufacturing expansion in Bhiwani.

Gautam Mohanka, CEO of Gautam Solar, remarked, “Our forthcoming 2 GW solar cell manufacturing plant is aligning with MNRE’s guidelines on promoting indigenous manufacturing of solar cells. We have 27+ years of experience in the solar industry, and we are further strengthening our manufacturing by integrating solar cell production into our existing operations. We are committed to delivering cutting-edge, reliable solar solutions that empower India’s transition to a sustainable future.”

According to sources, Gautam Solar has grown over 100% in FY24 to approach a turnover close to Rs 1000 crores at the group level.

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