Emmvee Bags ₹15 Billion Solar Module Supply Order from KPI Green

The company’s TOPCon bifacial modules will be supplied for an upcoming project in Gujarat

June 25, 2025

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Solar module and cell manufacturer Emmvee bagged a ₹15 billion (~$174.31 million) order from KPI Green Energy to supply TOPCon bifacial solar modules for an upcoming project in Gujarat.

The modules will be produced at Emmvee’s facilities in Dabaspet and Sulibele in Karnataka, with deliveries expected to be completed within the current financial year.

Emmvee’s total production capacity includes 7.8 GW for modules and 2.94 GW for cells.

As of June 5, 2025, Emmvee has an enlisted capacity of 4,454 MW under the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM). This capacity is spread across three facilities. The cumulative ALMM-listed module manufacturing capacity in India reached 79,320 MW following the latest updates.

In 2024, Emmvee won a capacity of 795.4 MW in NTPC Renewable Energy’s auction to supply 1.58 GW of crystalline solar bifacial modules with a minimum wattage output of 540 W for 1,255 MW projects at the Khavda Solar Park in Gujarat.

According to Mercom’s State of Solar PV Manufacturing in India 2025 report, the country added 25.3 GW of solar modules and 11.6 GW of solar cell capacity in 2024. These additions were mainly driven by growing demand from ongoing solar projects and the reinstatement of the ALMM mandate in April 2024.

Monocrystalline modules, including those with passivated emitter and rear cell technology, made up nearly 59% of India’s module production capacity. Tunnel oxide passivated contact  (TOPCon) modules, polycrystalline modules, and thin-film technologies followed it.

Based on the current pipeline, monocrystalline modules are anticipated to account for over 58% of the annual module production capacity and 64% of the cell production capacity by 2027, followed by TOPCon, Heterojunction, and other technologies.

Gujarat was the most preferred location for installing solar manufacturing facilities, with 42% of the country’s module capacities located in the state. As of December 2024, Gujarat accounts for over 37% of India’s annual solar cell production capacity, the highest in the nation.

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