On the occasion of the launch of the 'largest' Made in India solar module with 710W output and 22.85% efficiency based on heterojunction (HJT) technology, Goldi Solar announced plans to expand its annual production capacity to 6 GW up from 2.5 GW it operates in Surat, Gujarat.
The Indian module maker, EPC company and independent power producer (IPP) said it plans to invest INR 50 billion ($614 million) by 2025 to add new module manufacturing capacity and increase the manpower to 5,500.
A statement from the company, reported by local press agency Press Trust of India (PTI), revealed that the expansion plan is spread across setting up cell manufacturing units that's planned to start from April -June quarter of FY2023-24, along with auxiliary production including aluminum frames, junction boxes, backsheet, and the like. Total solar cell manufacturing capacity is aimed to be expanded in the future to 5 GW.
Jobs will be created at the manufacturing facility and local populace will be hired as workers and a 3-month certification program will be offered by the company. Earlier Goldi Solar had said it will train and hire more than 2,000 people by 2025 as a solar workforce (see India PV News Snippets).
The announcement was made by the company during the launch of its Heloc Plus module that's short for high efficiency low on carbon. It adds to Goldi Solar's Heloc module series, based on HJT technology. The company claims the 710W module to have -0.26%/ºC temperature coefficient with up to 95% bifaciality compared to PERC mono-facial module—30% higher from the front and 25% higher from the rear.