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

Published: Jun 16, 2026 12:58

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
[SMM PV] Photoelectric conversion efficiency reached a record-breaking 26.2%! China successfully developed a large-area all-perovskite tandem PV module.
Common.Time.minsAgo
[SMM PV] Photoelectric conversion efficiency reached a record-breaking 26.2%! China successfully developed a large-area all-perovskite tandem PV module.
Read More
[SMM PV] Photoelectric conversion efficiency reached a record-breaking 26.2%! China successfully developed a large-area all-perovskite tandem PV module.
[SMM PV] Photoelectric conversion efficiency reached a record-breaking 26.2%! China successfully developed a large-area all-perovskite tandem PV module.
Fast Technology, June 17 news: According to media reports, the team of Tan Hairen from Nanjing University, together with Renshuo Solar Energy (Suzhou) Co., Ltd., has achieved an important breakthrough in the field of all-perovskite tandem PV technology. The research team successfully fabricated a large-area all-perovskite tandem PV module, which was certified by the Japan Electrical Safety & Environment Technology Laboratories (JET) with a photoelectric conversion efficiency as high as 26.2%, setting a new world record for all-perovskite tandem modules of the same area class. The module has an area of 65 square centimeters and adopts a tunneling recombination junction structure without a hole transport layer. The team innovatively replaced the traditional ultra-thin metal composite layer with a nanocrystalline functional layer, and removed the PEDOT:PSS hole transport layer, achieving structural reconstruction of the interface connection layer.
Common.Time.minsAgo
Weak Market Sentiment for Polysilicon, Widened Price Spreads Among Wafers of Various Sizes [SMM Silicon-Based PV Morning Brief]
Common.Time.minsAgo
Weak Market Sentiment for Polysilicon, Widened Price Spreads Among Wafers of Various Sizes [SMM Silicon-Based PV Morning Brief]
Read More
Weak Market Sentiment for Polysilicon, Widened Price Spreads Among Wafers of Various Sizes [SMM Silicon-Based PV Morning Brief]
Weak Market Sentiment for Polysilicon, Widened Price Spreads Among Wafers of Various Sizes [SMM Silicon-Based PV Morning Brief]
[SMM Silicon-Based PV Morning Meeting Minutes] Polysilicon: The quotation for N-type recharging polysilicon is 32-34.2 yuan/kg. Polysilicon prices remain generally weak. A few large-volume orders are currently under negotiation, with the market watching for subsequent outcomes and policy developments. Wafers: Market prices for 183mm wafers stand at 0.88-0.9 yuan/piece, 210RN wafers at 0.98-1.00 yuan/piece, and 210N wafers at 1.16-1.20 yuan/piece. The low-end prices of 183mm and 210N wafers also show a downward trend, widening the price range across all wafer sizes. Top-tier players are holding prices, while smaller enterprises have concluded deals at lower prices.
Common.Time.minsAgo
[SMM Photovoltaic] Sun Village Unveils ‘Road to 2030’ Strategy: Targeting 2GW Solar and ¥100 Billion Sales
Common.Time.hoursAgo
[SMM Photovoltaic] Sun Village Unveils ‘Road to 2030’ Strategy: Targeting 2GW Solar and ¥100 Billion Sales
Read More
[SMM Photovoltaic] Sun Village Unveils ‘Road to 2030’ Strategy: Targeting 2GW Solar and ¥100 Billion Sales
[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.
Common.Time.hoursAgo
Indian solar PV manufacturer and EPC group HVR Solar is expanding upst - Shanghai Metals Market (SMM)