[SMM Photovoltaic] HVR Solar Venturing into Solar Cell Manufacturing with 1.2 GW TOPCon Line in India

Published: Jun 16, 2026 12:58

Save

Indian solar PV manufacturer and EPC group HVR Solar is expanding upstream into solar cell production. At the SNEC 2026 expo in Shanghai, the company signed multiple strategic memorandums of understanding (MoUs) with international partners to establish a 1.2 GW annual capacity TOPCon cell manufacturing line in the Amroha district of Uttar Pradesh. Under these agreements, Shenzhen Han’s Photovoltaic Equipment Co., Ltd. will supply the core manufacturing machinery for the TOPCon production line, Gentech Technology (Huzhou) Co., Ltd. will provide critical chemical and gas utility systems, and Indygreen Technologies will serve as the technology facilitator responsible for production line integration and process deployment.

This project is viewed as a strategic move to strengthen India's domestic renewable energy supply chain, reducing the company's reliance on upstream cell imports while enhancing local manufacturing capabilities. Furthermore, this new cell facility will create synergies with HVR Solar’s recently commissioned 1.2 GW automated module factory in Sonipat, Haryana. The module plant primarily produces G12 and G12R bifacial modules utilizing both TOPCon and HJT technologies, targeting the residential and commercial & industrial (C&I) rooftop solar markets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

[SMM Photovoltaic] Sun Village Unveils ‘Road to 2030’ Strategy: Targeting 2GW Solar and ¥100 Billion Sales

Japanese renewable energy developer Sun Village Co., Ltd. announced its mid-to-long-term growth strategy "Road to 2030", mapping out a 50-billion-yen investment blueprint to build a next-generation energy infrastructure combining renewable supply with battery storage flexibility. By 2030, the company plans to scale its solar power development and ownership capacity to 2GW, while establishing a deployment network for 400MW of grid-scale battery storage. Representative Director Tsuguhiro Mimura emphasized that integrating generation, storage, and supply-demand operations will maximize energy value and drive sustainable growth. To transition renewable energy into a primary power source and navigate Japan's strict grid constraints, Sun Village will diversify its revenue streams via the Feed-in Premium (FIP) system and corporate PPAs, while fully entering the supply-demand adjustment and capacity markets. Through these initiatives, the company aims to evolve into a comprehensive energy platform handling everything from asset creation to intelligent control, ultimately targeting a sales scale of 100 billion yen. This dual focus on supply and adjustment capacity is designed to stabilize the local grid, enhance disaster resilience, and support Japan’s broader decarbonization goals.

1 hour ago

Common.Time.hoursAgo

[SMM Analysis] Development History, Policy Evolution, and Future Trends of Vietnam's Solar Market

Since 2017, Vietnam’s solar market has grown rapidly under strong policy support, especially feed-in tariff incentives. This drove fast capacity expansion but also exposed grid constraints as development outpaced transmission infrastructure. As subsidies gradually phased out, market logic shifted from policy-driven growth to energy security and system stability.

Common.Time.hoursAgo

[SMM PV] AIKO Wins Wood Mackenzie 2026 Module Manufacturer Grade A Rating

Recently, AIKO was awarded the highest A-level rating in Wood Mackenzie's "2026 Global PV Module Manufacturer Ranking." This rating, based on a comprehensive evaluation using authoritative data from the full year 2025, indicates that AIKO has reached the highest standards of the PV industry in terms of product performance, technological innovation, and comprehensive strength.

Common.Time.hoursAgo