Solar PV Module & Cell Manufacturing

12 companies Updated 7 Jul 2026

NSE-listed companies building India's solar photovoltaic manufacturing base — from wafers and cells to modules and solar glass — as the country targets 280 GW of installed solar capacity by 2030.

Sectors represented: Power, Capital Goods

Companies with exposure to solar pv module & cell manufacturing

TATAPOWER

Tata Power Company Limited

Power
investor presentation · 2024

Installed till. Date. tatapower.com. 32. 4.3 GW Cell and Module Manufacturing Plant - Update. Module Commercial. Dispatch. Mar’24. 614 MW Modules. produced as of Q1FY25. All four cell line. commissioning by. Q2FY25. . . Subject to necessary approvals 4.3 GW Cell and Module Manufacturing Plant - Update. Module Commercial. Dispatch. Mar’24. 614 MW Modules. produced as of Q1FY25. All four cell line.

EMMVEE

Emmvee Photovoltaic Power Limited

Capital Goods
investor presentation · 2025

Total Installed capacity increased to 7,803 MW for solar. PV modules and 2,943 MW for solar cells in Q2 FY26. . Effective capacity utilization for solar PV modules stood. at 43% in Q2 FY26, while solar cell utilization stood 59%. on account of small modification carried out to improve. the efficiency in Q2 FY26. . Effective capacity utilization for solar PV modules stood.

PREMIERENE

Premier Energies Limited

Capital Goods
annual report · 2025

These initiatives are. aimed at enhancing competitiveness, capturing emerging demand and. building a future-ready clean technology platform. We are executing a phased expansion across modules, cells, wafers and ingots to address increasing demand etitiveness, capturing emerging demand and. building a future-ready clean technology platform.

WAAREEENER

Waaree Energies Limited

Capital Goods
investor presentation · 2025

Commenced operations at Indosolar. facility. . Awarded PLI for a 300MW Electrolyser. mfg. facility. . Entered a Share Purchase Agreement. for acquisition of ENEL Green Power. India. . Trial production commenced at 5.4GW. cell mfg. at Indosolar. facility. . Awarded PLI for a 300MW Electrolyser. mfg. facility. . Entered a Share Purchase Agreement. for acquisition of ENEL Green Power. India. .

ALPEXSOLAR

Alpex Solar Limited

Capital Goods
investor presentation · 2026

High-transparency solar glass. for maximum light. transmission, durability &. panel efficiency. Precision-engineered silicon. wafers & high-purity ingots for. superior photovoltaic. performance. INVESTOR PRESENTATION | MAY 2026 | Q4 ass. for maximum light. transmission, durability &. panel efficiency. Precision-engineered silicon. wafers & high-purity ingots for. superior photovoltaic. performance...

SOLEX

Solex Energy Limited

Capital Goods
investor presentation · 2026

Features India's largest chamber. laminators for efficient single-. cycle module production. Total PV Module Capacity of 4 GW. achieved in November 2025. Transitioning to TOPCon technology. while optimizing existing PERC lines. State – of –. the – Art. Production. Facility. Established in. September Total PV Module Capacity of 4 GW. achieved in November 2025. Transitioning to TOPCon technology.

WEBELSOLAR Websol Energy System Limited Capital Goods
investor presentation · 2026

FY23 Solar Installations FY24 additionsFY25 additions 9M FY26 additions 9M FY26 Cumulative FY30 Target. 67 GW. 15 GW. 24 GW. 30 GW136 GW. 280 GW. 8 , Industry Estimate. GW. GW. GW. 67. 15. 24. 30. 280. 136. FY23 Solar Installations FY24 additionsFY25 additions 9M FY26 additions 9M FY26 Cumulative FY30 Target. 67 GW. 15 GW. 24 GW. 30 GW136 GW. 280 GW. 8. PLI/ State. Subsidy. Accelerates.

GGBL Ganesh Green Bharat Limited Capital Goods
investor presentation · 2026

Factors including market dynamics, government regulations, economic conditions, technological advancements,. supply chain challenges, and competitive developments may impact future outcomes. Nothing contained in this presentation shall constitute an offer, invitation, recommendation, or solicitation to purchase or chain challenges, and competitive developments may impact future outcomes.

BORORENEW BOROSIL RENEWABLES LIMITED Construction Materials
investor presentation · 2023

Annual Capacity addition (GW)Cumulative Installed Capacity (GW). 10. Indian solar Industry: Growth Drivers and enablers. National Solar MissionTargets of 280 GW installed solar capacity to be achieved by 2030. apacity addition (GW)Cumulative Installed Capacity (GW). 10. Indian solar Industry: Growth Drivers and enablers.

CESC CESC Limited Power
investor presentation · 2025

Renewable Projects – Status. Project 2: Hybrid. by Q3 FY27. Projects Under Implementation : 1600 MW. Capex of ~Rs. 10,800 Cr. Annualized Revenue of ~Rs. ect 1: Solar. by Q4FY26. Project 3: Hybrid. by Q4 FY27. Renewable Projects – Status. Project 2: Hybrid. by Q3 FY27. Projects Under Implementation : 1600 MW. Capex of ~Rs. 10,800 Cr. Annualized Revenue of ~Rs. 1,500 Cr. 28. Project 4: Solar+. BESS.

UTLSOLAR Fujiyama Power Systems Limited Capital Goods
investor presentation · 2026

Parwanoo Facility. E-Rickshaw Charger. Capacity: 334 MW. Expansion Capacity. Existing Capacity. 5 0 MW. World Class Engineering Platform. Himachal Pradesh. Uttar Pradesh. Haryana. Uttar Pradesh. Madhya Pradesh. Parwanoo Facility. E-Rickshaw Charger. Capacity: 334 MW. Expansion Capacity. Existing Capacity. 5. Robotic lay-up for solar panels. Assembly line for solar inverters.

INA Insolation Energy Limited Capital Goods
investor presentation · 2026

Polysilicon. IngotWafer. Cell. Module. Solar manufacturing Value Chain. 20. Government. Projects. Trusted partner for. key schemes like. PM KUSUM, DISCOMs. tenders. EPC Contractors. Supplying high-. efficiency panels. commercial and. industrial turnkey. solutions. Project Developer 20. Government. Projects. Trusted partner for. key schemes like. PM KUSUM, DISCOMs. tenders. EPC Contractors.

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