SAEL Industries is strengthening its vertical integration with the expansion of its solar cell and module production capacity. (Illustrative Photo; Photo Credit: DC Studio/Shutterstock.com)  
Markets

SAEL Industries Plans INR 82 Billion TOPCon Solar Factory

Backed by the Uttar Pradesh state government, the integrated factory to host 5 GW of cell and module capacity each

Anu Bhambhani

  • SAEL Industries will build a plant with 5 GW capacity each for solar cells and modules in Uttar Pradesh 

  • The new factory will expand its total solar PV manufacturing capacity to 8.5 GW 

  • The project is aligned with the company’s backward integration strategy to strengthen its solar IPP portfolio  

SAEL Industries, a solar and waste-to-energy-focused renewable energy company, has announced plans to invest INR 82 billion ($955 million) to establish a 5 GW solar cell and 5 GW module manufacturing plant in India’s Uttar Pradesh.  

It will be devoted to TOPCon solar technology. SAEL says that upon completion, this factory will expand the company’s total solar manufacturing capacity to 8.5 GW. According to SAEL’s website, its current solar module assembly lines in Rajasthan and Punjab have a combined annual capacity of 3.3 GW, producing bifacial TOPCon modules. 

In November 2024, Italy’s Ecoprogetti installed a 300 MW solar module line for SAEL to produce double-glass TOPCon panels (see India’s SAEL Gets 300 MW TOPCon Solar Panel Production Line). 

The planned fab in Greater Noida will be located within the jurisdiction of the Yamuna Expressway Industrial Development Authority (YEIDA). 

Uttar Pradesh Chief Minister Yogi Adityanath recently handed over a Letter of Comfort to the company’s subsidiary, SAEL Solar P6 Private Limited. The factory is due to commence construction this year.  

“It aligns with the state’s solar policy and national missions like Viksit Bharat @2047 and Atmanirbhar Bharat and enables us to contribute towards strengthening the domestic supply chain, reducing reliance on solar equipment imports,” said SAEL Industries Limited Co-Founder and Director Sukhbir Singh Awla. 

SAEL says the factory supports its backward integration strategy aimed at strengthening its growing solar independent power producer (IPP) portfolio across India, which currently exceeds 6.7 GW.