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Gautam Solar to expand solar module manufacturing to 5 GW by 2025

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Gautam Solar plans to increase its solar module manufacturing capacity to 5 GW by 2025, with the first phase of expansion to be completed in November 2024, followed by phases in January and April 2025. The Rs 100 billion project will be funded through an IPO, expected in the next 12-18 months. The IPO will also support the construction of a 2-GW solar cell plant. Gautam Solar’s contribution could account for 5-7% of India’s current…

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Gautam Solar to invest Rs 10 billion in 2 GW solar cell manufacturing plant in Haryana

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Gautam Solar plans to establish a 2 GW solar cell manufacturing plant with an investment of Rs 10 billion. The facility, part of the company’s strategy to meet the growing demand for renewable energy, will help Gautam Solar comply with the Ministry of New and Renewable Energy’s ALMM guidelines, promoting locally manufactured components for government-subsidized projects. The company has acquired a 60-acre site in Bhiwani, Haryana, and aims to boost its competitiveness by producing high-quality,…