Goldi Solar to add 5 GW module, 16 GW cell capacity by FY28 to meet demand

Goldi Solar is looking to add around 5 gigawatt of solar module and 16 gigawatt of cell manufacturing capacity in the country over the next two financial years to support the domestic demand, industry sources said.
The Gujarat-based renewable energy player presently owns and operates three solar module manufacturing facilities near Surat, having a combined capacity of 15.2 gigawatt (GW).
According to the industry sources, Goldi Solar is looking to scale up its module-making capacity to over 20 GW. The company is learned to be working on a draft plan to add 5 GW of module capacity. It already has 15.2 GW of capacity approved under the government’s ALMM framework.
The Approved List of Models and Manufacturers (ALMM) is an initiative of the Ministry of New and Renewable Energy (MNRE) that supports India’s ‘Make in India’ vision by promoting local manufacturing, reducing import dependency, and generating new employment.
It also aligns with India’s renewable energy targets by ensuring t