Emmvee has started production of a 2.5 GW solar module production line at its Unit VI plant in Sulibele, Hoskote Taluk, near Bengaluru, Karnataka, Western India.
The commissioning is part of Emmvee’s planned capacity expansion and has been completed as planned.
Now that the new line is operational, the company’s total solar panel production capacity has increased to 10.3 GW.
For the first half of fiscal 2026, Emmvee reported a 193% year-on-year increase in revenue to INR 2,159 crore ($140.8 million). Profit after tax increased almost sevenfold compared to the same period a year earlier. The company attributed the growth to higher module volumes and the operational benefit of expanded production capacity.
Additionally, Emmvee said that construction has commenced on the proposed 6 GW integrated solar cell and module manufacturing facility in ITIR Phase 2 in Bengaluru. The company has received loan sanction approval of INR 3,306 crore from the Indian Renewable Energy Development Agency for the project.
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