Solar PV Module & Cell Manufacturing

13 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.

ALPEXSOLAR

Alpex Solar Limited

Capital Goods
investor presentation · 2026

STRONG FOUNDATION TODAY SCALABLE TOMORROW. 5 GW. 5 GW. 2.2 GW. . INDEPENDENT. POWER PRODUCTION. Building a stable recurring. energy portfolio. In-house, high-quality frames. ensuring reliability GY PLATFORM. STRONG FOUNDATION TODAY SCALABLE TOMORROW. 5 GW. 5 GW. 2.2 GW. . INDEPENDENT. POWER PRODUCTION. Building a stable recurring. energy portfolio. In-house, high-quality frames.

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. .

WEBELSOLAR

Websol Energy System Limited

Capital Goods
investor presentation · 2026

Levelised cost has crossed coal in new capacity, shifting. incremental demand to renewables plus storage. 1 GW of round-the-clock demand = 4.9 GW solar + 13.5 GWh. BESS. Solar + BESS Gains Cost Edge. Storage turns intermittent solar into firm power. Source: Ember Report, April 2026, VQ Research. 04. BUSINESS UPDATE. 18 the-clock demand = 4.9 GW solar + 13.5 GWh. BESS. Solar + BESS Gains Cost Edge.

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.

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.

RELIANCE Reliance Industries Limited Oil Gas & Consumable Fuels
investor presentation · 2026

We continue to make progress. on tying up green fuel capacity with strategic partners. ➢Continue to make good progress on Kutch project development and engineering. ✓Aim to start installation post-monsoon, with transmission capacity ready in time for the export of electricity this year. ✓All work is aimed at scaling up of execution to 55 MWp solar and 150 MWh batterieson daily basis by next year.

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.

SAATVIKGL Saatvik Green Energy Limited Capital Goods
investor presentation · 2026

Encapsulant. 4 GW. under. construction. 2.4 GW. - Under Construction. 3.6 GW. - Planned. 2 GW. Planned. Ingots and. Wafers. 6 GW. Planned e. expansion. New Greenfield. plant in Ambala-. Planning underway. Module. Cell. Encapsulant. 4 GW. under. construction. 2.4 GW. - Under Construction. 3.6 GW. - Planned. 2 GW. Planned. Ingots and. Wafers. 6 GW. Planned. Ground Mounted Projects. Rooftop Projects.

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.

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