Indian renewable energy company ReNew Power has announced plans to build a solar cell and module manufacturing facility in the state of Gujarat.

The greenfield facility will be developed in the Dholera Special Industrial Region (DSIR), located nearly 100km outside the city of Ahmedabad.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

It will use monocrystalline passivated emitter and rear contact and large wafer technology to produce 2GW of solar cells and modules a year.

The state government has allocated 100 acres of land area for the project, ensuring enough land for future expansion. It is expected to begin operations in 2023.

ReNew Power founder, chairman and CEO Sumant Sinha said: “ReNew plans to manufacture both solar cells and modules in the Dholera manufacturing facility, with the goal of creating a globally competitive manufacturing unit.

“We are committed to India’s ambition of achieving 450GW of clean energy generation capacity by 2030, and we believe this manufacturing unit will play an important role in boosting India’s domestic manufacturing capacity for clean energy.”

The plant is expected to be vertically integrated for manufacturing solar components.

Its manufacturing capacity will reflect the company’s sustainability initiatives in order to create a ‘Green Factory’, ensuring that the manufacturing processes and supply chain are decarbonised.

The facility is expected to create 2,500 jobs in Gujarat.

Dholera Industrial City Development chairman M K Das said: “The Gujarat Government is delighted to have ReNew Power set up its solar equipment manufacturing facility in Dholera.

“Chief Minister Shri Vijay Rupani’s strong vision of promoting and increasing the share of renewable energy and the state’s progressive policies have provided the right support for clean energy projects.

“This manufacturing facility announced by ReNew Power will not only help reduce the import dependency of the solar sector, but will also play an important role in fulfilling the Prime Minister’s vision of an Aatmanirbhar Bharat (self-reliant India).”

Last July, ReNew Power announced plans for a local solar cells and modules manufacturing facility.

At the time, the company was in discussions with various Indian states for setting up the unit.