Insolation Energy aims Rs 1000 cr topline by 2026 | The Smarter E India Expo | Intersolar
Jaipur-based Insolation Energy Ltd is one of the leading solar panel manufacturing companies in India. In September, Insolation Energy got listed on the BSE SME platform. The company claims to be the first solar panel manufacturing company in Rajasthan that has achieved this record.
Insolation Energy has showcased its comprehensive range of solutions including solar panels, batteries and PCUs at the recently concluded The Smarter E India Expo 2022 (Intersolar) in Gandhinagar, Gujarat.
On the sidelines of the exhibition, Insolation Energy’s Chairman Manish Gupta spoke to mojo4industry and said, “We would like to increase our solar panel manufacturing capacity to 1.2 GW and solar cell manufacturing capacity to 1 GW. We are planning to achieve Rs. 1,000 Cr topline by FY 26-27 (from a current turnover of around Rs. 250 Cr).”
Also, present at the occasion, Vineet Tyagi, Head -Sales & Marketing, Insolation Energy said, “We want to have a presence in all the segments of solar models, be it poly, mono and the higher segment of 500Wp+ range in terms of M12 and M10 modules and cells.”
Insolation Energy is setting up a new, state-of-the-art manufacturing plant in Jaipur to produce mono PERC and TOPCon solar cells. The plant, expected to be commissioned in January 2023, will enhance the company’s production capacity to 700 MW. The company also plans to launch lithium-ion battery soon, informed Mr Vineet.
