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Goldi Solar plans to expand manufacturing capacity to 2.5 GW

Tuesday, 15 Jun 2021
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Goldi Solar, a solar panel manufacturer, plans to expand its manufacturing capacity to 2.5 GW from the existing 500 MW with a new facility on the outskirts of Surat in Gujarat.
The existing facility has a capacity of 500 MW and the expansion of two GW has been planned in two stages.
Phase-I is slated to commence by the end of Q2/FY22 with a one GW commercial production. Phase-II of production will start by the end of Q4/FY22.
The second facility will also see a new production line introducing a first-of-its-kind micro-gap module technology (MGMT).
It also has plans for backward integration through setting up of multi-GW solar cell manufacturing line, and supporting the ecosystem through manufacturing of raw material used in solar modules.


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