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largest solar PV module manufacturing company. The strategic investment will fuel the company’s expansion plans and strengthen India’s positioning as a global hub for renewable energy manufacturing.
Over the past year, Goldi Solar has nearly tripled its solar PV module manufacturing capacity from 3 GW to 14.7 GW, reflecting its rapid scale-up. The company is also advancing its solar cell manufacturing expansions in Surat, Gujarat, further integrating India’s clean energy value chain.
Goldi Solar continues to focus on innovation, aiming to deliver high-efficiency solar PV modules and solar cells using next-generation technologies, catering to India’s growing demand for sustainable energy solutions.
Commenting on the investment, Nikhil Kamath said, “Renewable energy in India is a massive sector, and there is an equally massive opportunity to build global-scale companies right here. It is imperative that we back these companies to accelerate the country’s clean energy transition.”
This investment aligns with the government’s ambitious target of 280 GW solar capacity by 2030, reinforced by import duties on foreign modules and Production Linked Incentive (PLI) schemes encouraging local manufacturing.
With this funding boost, Goldi Solar is poised to drive innovation, expand capacity, and contribute significantly to India’s journey toward becoming a clean energy powerhouse.
