Indosol Solar under Shirdi Sai Electricals, targets 5 GW ingot-to-module solar manufacturing by 2026 and 10 GW by 2027 under India’s PLI scheme.
Indosol Solar Plans 5 GW Solar Manufacturing Capacity by 2026
Indosol Solar a subsidiary of Shirdi Sai Electricals (SSEL) Group is rapidly scaling up its solar photovoltaic (PV) manufacturing capacity in Andhra Pradesh. The company aims to achieve:
✔ 1 GW ingot-to-module production by December 2024 (pilot phase)
✔ 5 GW capacity by October 2026
✔ 10 GW ingot-wafer-cell-module capacity by early 2027
India’s First Fully Integrated Solar Manufacturing Plant
The facility, being set up in Ramayapatnam, Andhra Pradesh, is India’s first vertically integrated solar PV plant—covering the entire production chain from quartz processing to module assembly.
Visweswara Reddy, Chairman & MD of SSEL Group, said:
*“By December, we will produce 1 GW from ingot to module as part of our pilot plant. This will help us train workers and refine operations before full-scale production.”*
Backed by Government’s PLI Scheme
The expansion is part of India’s Production-Linked Incentive (PLI) Scheme for solar manufacturing, which aims to:
- Reduce dependence on Chinese solar imports
- Boost domestic manufacturing
- Create thousands of jobs
Why This Matters for India’s Solar Industry?
- Self-Reliance – Reduces need for imported solar components.
- Job Creation – Will employ thousands in Andhra Pradesh.
- Global Competitiveness – Positions India as a major solar manufacturer.
- Faster Renewable Energy Growth – Supports India’s 500 GW renewable energy target by 2030.
Future Expansion Plans
- 2024-25: 1 GW pilot production (training & testing)
- 2026: 5 GW full-scale manufacturing
- 2027: 10 GW downstream capacity (ingot-wafer-cell-module)
Conclusion
Indosol Solar’s ambitious expansion strengthens India’s solar manufacturing ecosystem. With PLI scheme support, the country is poised to become a global leader in renewable energy production.
