Rooftop Solarium Green Energy has commissioned a 1 GW solar panel manufacturing facility in Ahmedabad, Gujarat, producing large format G12 modules up to 725 Wp and serving both internal and external customers.
Solarium Green Energy, a rooftop solar engineering, procurement and construction (EPC) company in India, has commissioned a fully automated solar panel manufacturing facility with an annual production capacity of 1 GW in Ahmedabad, Gujarat.
The facility, equipped with advanced production machinery, was set up with capital expenditure of approximately INR 900 million ($9.6 million), excluding working capital.
“The factory is capable of producing large format G12 solar panels up to 725 Wp. It will produce highly efficient crystalline silicon solar PV modules using technologies such as TOPCon cells, half-cut cells and bifacial modules, supported by high-precision imported equipment including tabber stringers, laminators and solar simulators,” the company said.
Solar panels account for 50% to 60% of the total EPC project costs. With the commissioning of this facility, Solarium expects to strengthen its supply chain, reduce dependence on external suppliers, accelerate fulfillment times and improve margins through internal consumption. This move also positions Solarium as an integrated supplier of solar energy solutions.
Solarium said that at an occupancy rate of approximately 85%, the facility has the potential to generate annual revenues in excess of INR 10 billion, depending on prevailing market conditions and module prices, if modules are sold externally. The facility is expected to serve both internal needs and external customers, including other EPC players and the broader business-to-business (B2B) market.
“The commissioning of this facility marks an important milestone in our growth trajectory. The plant will be completed in less than nine months and reflects our strong execution capabilities,” said Ankit Garg, Chairman and Managing Director of Solarium Green Energy Ltd. “With a fully automated line capable of producing high-efficiency G12 modules up to ~725 Wp, this facility strengthens our supply chain, enhances execution capabilities and supports margin improvement within our EPC business.”
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