Goldi Solar Eying 6 GW Module Manufacturing Capacity

Indian Module Maker Launches India’s ‘Largest’ Solar Panel With 710W Output; Announces Capacity Expansion Plans
Goldi Solar’s 710W output Heloc Plus module uses HJT technology and adds to the company’s Heloc solar module series. (Photo Credit: Goldi Solar Pvt Ltd)
Goldi Solar’s 710W output Heloc Plus module uses HJT technology and adds to the company’s Heloc solar module series. (Photo Credit: Goldi Solar Pvt Ltd)
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  • Goldi Solar has unveiled its new solar module in the Heloc series, with Heloc Plus based on HJT technology
  • It claims the module to be the largest panel made locally, with 710W output and 22.85% efficiency, based on HJT technology
  • Manufacturing plans unveiled include investment of INR 50 billion to expand module capacity from 2.5 GW now to 6 GW and adding cell capacity of 5 GW

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.

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