Navitas Solar, an Indian solar module manufacturer, has announced plans to invest ₹10,000 crore over the next five years to develop an integrated renewable energy ecosystem across Gujarat and Maharashtra. The investment will support the company’s expansion across the solar value chain, covering ingots, wafers, high-efficiency solar cells and modules. The plans also include battery energy storage systems (BESS) and renewable power generation.
The investment roadmap is aimed at expanding Navitas Solar beyond solar module manufacturing towards a more integrated clean energy business. The company plans to strengthen its presence across upstream and downstream segments of the renewable energy value chain, with a focus on building domestic manufacturing capabilities and improving supply-chain resilience.
Navitas Solar also plans to participate in the development of large-scale renewable energy assets as part of its broader expansion strategy.
As part of the expansion, Navitas Solar is already progressing with a 2.4 GW solar cell manufacturing facility at Sisodara, Gujarat, with Phase I involving an investment of approximately ₹1,200 crore. The company is also developing pilot lines for ingot and wafer manufacturing, which are intended to build technical capabilities and create a foundation for future scale-up. The cell manufacturing facility is targeted to become operational by July 2027.
The company is also expanding beyond manufacturing into renewable energy generation and energy storage. In Maharashtra, Navitas Solar is developing two solar parks with capacities of 200 MW and 25 MW, respectively, under EPC and independent power producer (IPP) models. In Gujarat, the company is entering the energy storage segment with a planned 5 GWh battery energy storage facility in Vadodara, further strengthening its capabilities across the clean-energy ecosystem.
Ankit Singhania, Director, Navitas Solar said, “India’s renewable energy journey is entering a phase where scale, technology and supply-chain depth will increasingly determine the competitiveness of the sector. At Navitas Solar, we want to participate across the value chain and build capabilities that enable us to contribute meaningfully to India’s clean energy transition. Our planned ₹10,000 crore investment over the next five years is a reflection of this ambition. We are investing not only in manufacturing capacity, but also in the technologies and infrastructure that will shape the next phase of India’s renewable energy ecosystem.”
The planned investments build on Navitas Solar’s existing manufacturing base. The company has a 3 GW annual solar module manufacturing capacity and manufactures high-efficiency solar modules, including TOPCon and Bifacial Mono PERC technologies. It has also been pursuing backward integration through its solar encapsulant business, Navitas Alpha, while expanding its renewable energy portfolio through subsidiaries such as Navitas Planet. Alongside utility-scale renewable energy projects in India, its EPC business is expanding its presence across the Southern African region for execution of utility/IPP scale projects.
The company’s investment roadmap comes at a time when India’s renewable energy sector is seeing increasing emphasis on domestic manufacturing, supply-chain resilience, and greater value addition across the solar ecosystem. Navitas Solar’s strategy is aimed at creating an integrated platform spanning upstream manufacturing, module production, energy storage, project execution, and renewable power generation, which enables the company to contribute to the evolving requirements of India’s clean energy market.