Solarium Green Energy Commissions ₹90 Crore Solar Module Manufacturing Facility
Solarium Green Energy Limited successfully commissioned its 1 GW solar module manufacturing facility in Ahmedabad, Gujarat, representing a ₹90 crore investment in backward integration strategy. The technologically advanced facility produces high-efficiency G12 solar modules up to 725 Wp using automated equipment and has potential to generate over ₹1,000 crore annual revenue at 85% utilization, strengthening the company's position as an integrated solar solutions provider.

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Solarium Green Energy Limited has successfully commissioned its solar module manufacturing facility in Ahmedabad, Gujarat, marking a significant operational milestone for the company. The facility, which was commissioned on March 18, 2026, represents a major expansion in the company's renewable energy operations with an estimated capital expenditure of approximately ₹90 crore excluding working capital.
Facility Specifications and Investment Details
The manufacturing plant is strategically located at Survey No. 508/1 & 508/2, Village Miroli, Taluka Daskroi, District Ahmedabad, Gujarat. The facility features fully automated, latest-generation manufacturing machinery and has been designed as a technologically advanced facility capable of producing high-efficiency solar modules.
| Parameter: | Details |
|---|---|
| Manufacturing Capacity: | 1 GW (1000 MW) per annum |
| Capital Investment: | ₹90 crore (excluding working capital) |
| Location: | Village Miroli, Taluka Daskroi, Ahmedabad |
| Commissioning Date: | March 18, 2026 |
| Module Capacity: | Up to 725 Wp (G12 format) |
Advanced Manufacturing Capabilities
The plant is equipped to manufacture large-format G12 solar modules of up to 725 Wp using advanced technologies including TOPCon cells, half-cut cells, and bifacial modules. The facility operates with high-precision imported equipment including tabber-stringers, laminators, and sun simulators, enabling production of high-efficiency Crystalline Silicon Solar PV modules.
Revenue Potential and Strategic Impact
At approximately 85% plant utilization, the facility has the potential to generate annual revenues exceeding ₹1,000 crore, subject to prevailing market conditions and module pricing. This development supports the company's backward integration strategy announced in June 2025, as solar modules typically account for 50-60% of total EPC project costs.
| Financial Projection: | Details |
|---|---|
| Potential Annual Revenue: | Over ₹1,000 crore at 85% utilization |
| Module Cost Share: | 50-60% of total EPC project costs |
| Market Positioning: | Integrated solar solutions provider |
| Target Markets: | Internal requirements and external B2B customers |
Regulatory Compliance and Leadership Statement
The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Ankit Garg, Chairman & Managing Director of Solarium Green Energy Limited, commented on the achievement: "The commissioning of this facility marks a significant milestone in our growth journey. Delivered in under nine months, the plant reflects our strong execution capabilities. With a fully automated line capable of producing high-efficiency G12 modules of up to 725 Wp, this facility strengthens our supply chain, enhances execution capabilities, and supports margin improvement across our EPC business."
Historical Stock Returns for Solarium Green Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +10.54% | +6.31% | +2.97% | -51.75% | -32.07% | -24.02% |
How will Solarium Green Energy's new manufacturing capacity affect solar module pricing dynamics in the Indian market?
What percentage of the 1 GW annual production capacity will be allocated to internal EPC projects versus external B2B sales?
Will the company consider expanding beyond the current 1 GW capacity if demand exceeds expectations in the next 2-3 years?


































