Goldi Solar Plans 5 GW Module & 16 GW Cell Capacity Expansion by FY28 to Serve Domestic Market – EQ
In Short : Goldi Solar aims to expand its production capacity to 5 GW for solar modules and 16 GW for solar cells by FY28, addressing rising domestic demand for clean energy solutions. The expansion underscores the company’s commitment to supporting India’s renewable energy targets and strengthening local manufacturing capabilities amid growing adoption of solar infrastructure nationwide.
In Detail : Goldi Solar has announced ambitious plans to scale up its manufacturing capacity to 5 GW for solar modules and 16 GW for solar cells by FY28. This move is aimed at catering to the rising domestic demand for solar energy products while reinforcing India’s renewable energy manufacturing ecosystem.
The expansion will involve upgrading existing facilities and setting up new production lines to meet stringent quality and efficiency standards. By enhancing its production capabilities, Goldi Solar seeks to ensure consistent supply for both rooftop and utility-scale solar projects across India.
The decision comes at a time when India is witnessing a surge in solar adoption, driven by government incentives, renewable energy targets, and growing interest from commercial and residential consumers. Increased domestic production will help reduce reliance on imports and support the government’s “Make in India” initiative.
Goldi Solar’s capacity augmentation also emphasizes vertical integration, allowing the company to produce high-efficiency cells in-house and assemble them into modules locally. This approach is expected to improve cost efficiencies, reduce supply chain bottlenecks, and accelerate project execution timelines.
The company plans to leverage advanced manufacturing technologies to achieve higher output and better product quality. These initiatives aim to strengthen its competitiveness in the domestic market while positioning Goldi Solar as a key player in India’s solar value chain.
By expanding production, Goldi Solar anticipates meeting the needs of large-scale solar developers, EPC contractors, and distributed energy projects. The increased capacity will also support government-backed renewable tenders and programs that focus on accelerating India’s energy transition.
The planned growth aligns with broader national objectives to scale up solar manufacturing and achieve renewable energy targets of 500 GW by 2030. Companies like Goldi Solar play a critical role in ensuring supply security and technological self-reliance.
With this strategic expansion, Goldi Solar is set to strengthen its position as a leading domestic solar manufacturer, contributing to India’s clean energy ambitions and supporting the transition to a sustainable, low-carbon energy future.
