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

January 19, 2026
Wooderson Solar Development Co has submitted a 450MW solar-plus-storage project in Queensland to Australia's EPBC Act.
January 19, 2026
Lava Blue has signed an MoU with HaloCell Energy to establish a supply chain for high-purity perovskite precursor materials in Australia.
January 19, 2026
I Squared Capital has launched ANZA Power, a new IPP aiming to deliver reliable and sustainable energy across Australia & New Zealand. 
January 16, 2026
Indian solar PV manufacturer Vikram Solar is transitioning its module portfolio to the G12R format, led by the HYPERSOL G12R series. 
January 16, 2026
US C&I solar developer Altus Power has acquired four solar projects with a total capacity of 105MW from IPP Cordelio Power. 
January 16, 2026
Canada-based solar mounting systems provider Polar Racking has entered the Australian market through its involvement in the 240MW Maryvale solar-plus-storage project in New South Wales, marking the company's first project deployment in the country.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 3, 2026
Málaga, Spain