Shirdi Sai Electricals targets 10 GW of ingot-to-solar module capacity

India’s Shirdi Sai Electricals says it plans to install 10 GW of ingot-to-solar module production capacity and manufacture solar glass by March 31, 2026.

From pv magazine India

Shirdi Sai Electricals aims to build 10 GW of ingot-to-solar module capacity, along with the production of solar glass, by March 31, 2026. The company said it will develop the production capacity in a phased manner in the Indian state of Andhra Pradesh.

“We intend to complete 500 MW ingot-wafer-cell-module in FY 2024-25, and in 2025-26, we will complete the rest 9.5 GW ingot-wafer-cell-module,” said Balachander Krishnan, chief operating officer (ingot-to-module plant) for Indosol Solar Pvt. Ltd. (ISPL), a special-purpose vehicle formed by Shirdi Sai Electricals to oversee the integrated PV manufacturing project.

Production has already started on a 500 MW module line. Krishnan said the 9.5 GW addition will be built in two phases, with 4.5 GW in the first stage and 5 GW in the second. This will also include the glass capacity.

The lines will produce tunnel oxide passivated contact (TOPCon) and heterojunction (HJT) technologies.

pv magazine print edition

The April edition of pv magazine, out on Tuesday, considers a $9 billion subsidy package for Indian rooftop solar, examines energy community movements in the US and Italy – as well as renewables pushback in Australia – and ranges as far afield as Egypt, Central Asia, and the Middle East. All that plus a special section previewing this year’s smarter E Europe energy exhibition.

ISPL has secured production-linked incentives from India’s Ministry of New and Renewable Energy.

This post appeared first on PV Magazine.

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