Adani Solar, the Adani Group’s photovoltaic manufacturing and research arm has introduced India’s first large-sized monocrystalline silicon ingot.
The monocrystalline ingots, which were recently inaugurated by Gautam Adani, Chairman of the Adani Group at its Mundra facility, will drive indigenization to produce renewable electricity from Silicon-based PV modules with efficiencies between 21% to 24%.
Adani Solar is a subsidiary of Adani New Industries Ltd (ANIL), which is spearheading India’s energy transition by creating the world’s largest green hydrogen ecosystem. Adani Solar is the first company in India to complete the backward integration of ingot line infrastructure in less than seven months, making significant progress toward the goal of energy swaraj.
The new manufacturing line will only produce silicon ingots for the production of solar wafers, cells, and modules. With this acquisition, Adani Solar becomes India’s sole producer of large-sized monocrystalline silicon ingots, becoming a critical link in the photovoltaic crystalline silicon industry value chain and driving the country toward self-sufficiency in the near future.
While initial production has already kicked off, the company plans to add 2 GW of ingot and wafer capacity by the end of 2023. It will reach a capacity of 10 GW by 2025.
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