Avaada to build 5GW TOPCon cell plant in India

October 8, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
A Vikram Solar manufacturing facility.
Avaada joins a raft of other companies announcing plans for Indian cell manufacturing capacity in recent weeks. Image: Vikram Solar.

The Avaada Group, an Indian renewable energy company, has begun construction on a 5GW solar wafer, cell and module manufacturing facility in the Indian state of Maharashtra.

Once complete, the project is intended to produce 5GW of tunnel oxide passivated contact (TOPCon) cells and 3GW of modules. It will be in addition to the company’s existing solar module production facility in Dadri, Uttar Pradesh.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Avaada said the site will also produce “next generation batteries” and electrolysers, and represents part of Avaada’s INR13,650 Crore (US$162.5 million) investment into manufacturing in India.

This announcement joins the raft of recently announced plans for solar cell manufacturing capacity in India following the government’s announced plans to include solar cells in its Approved List of Models and Manufacturers (ALMM).

The ALMM scheme is the major method that the Ministry of New and Renewable Energy (MNRE) has deployed to encourage domestic solar manufacturing in India. Products and companies included in the list are exclusively allowed access to government-backed portions of the Indian solar market in an effort to reduce the sector’s reliance on imports from China.

Since the announcement of the plan last month, a handful of significant announcements for solar cell capacity have emerged in India. Yesterday, Alpex Solar proposed a plan for a 1.6GW TOPCon solar cell plant in Uttar Pradesh. This followed Indian solar manufacturer Goldi Solar’s professed plans to expand its module and cell production capacity to 14GW, including a new 4GW cell plant.

Vikram Solar also filed for an initial public offering (IPO) with a view to funding a 6GW integrated module and cell production plant in the southern state of Tamil Nadu.  

Introduced in 2019, the existing ALMM for solar modules has had a fitful history. Over 2022 and 2023, India’s solar market suffered from a lack of available products, which led to a downturn in deployments. This was largely due to the combination of the basic customs duty (BCD), which put strict levies on imported Chinese solar products, and the ALMM, which limited the products and companies eligible for government subsidies for solar developers.  

As a result, the MNRE paused the ALMM in March 2023 to try to stimulate growth in the country’s flagging solar deployments.

Read Next

November 27, 2025
The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, which will form part of a pan-Southeast Asian power grid initiative.
November 27, 2025
The Solar Stewardship Initiative (SSI) and the Copper Mark have signed an agreement to pursue “responsible production and sourcing of copper across the solar energy value chain”.
November 27, 2025
A group of California legislators has called on the state Public Utilities Commission to hold two utilities accountable for delays in connecting solar PV and energy storage capacity to the grid.
November 26, 2025
Module shipment and pricing patterns in Europe bear resemblance to last year’s oversupply, which resulted in substantial losses for many industry players, writes Filip Kierzkowski
November 26, 2025
RES is to provide O&M services for 300MW of Matrix Renewables solar PV projects, while Axpo has completed a 200MW solar facility in León.
November 26, 2025
Indian solar PV manufacturer Vikram Solar has started commercial operations at its 5GW Vallam module manufacturing facility in India.

Upcoming Events

Solar Media Events
December 2, 2025
Málaga, Spain
Upcoming Webinars
December 4, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Lisbon, Portugal
Solar Media Events
June 16, 2026
Napa, USA