Ahmedabad-based Sahaj Solar has approved the incorporation of a step-down subsidiary in the United Arab Emirates (UAE) to implement a proposed 750 MW solar manufacturing facility with a strategic partner.

The company’s board reviewed the earlier plan to establish a solar panel manufacturing facility in India. However, after assessing the prevailing market conditions and potential cost advantages in global manufacturing markets, the company decided to pursue the project through a UAE-based entity.

The proposed entity will be incorporated under the name Sahaj Energy Solar Panels Manufacturing or any other name approved by the authorities. The incorporation will be undertaken by Sahaj Renewable Energy Trading – FZCO, a wholly owned subsidiary of Sahaj Solar. Through this subsidiary, the listed company will hold a controlling stake in the new entity. Sahaj Renewable Energy Trading – FZCO will subscribe to 51% of the proposed company’s share capital.

The proposed investment for the incorporation has been set at AED51,000 (~$13,888). The shares will be subscribed at AED1,000 (~$272.30)/share, resulting in the subscription of 51 shares in the proposed entity.

By establishing the entity in the UAE, the company aims to access global markets and leverage international pricing structures and economic conditions relevant to the solar panel manufacturing sector.

Sahaj Solar reported an order book of ₹3.2 billion (~$34.74 million) as of September 2025. It has executed more than 50,000 solar pumps across various projects. It operates with an annual module manufacturing capacity of 100 MW, which is expected to increase to 850 MW by March 2026. The company also aims to achieve 1,500 MW of manufacturing capacity by FY 2026–27.

The company is expanding into emerging solar markets, particularly in Africa. It has signed 27 MW of global solar projects, with a presence in Uganda, Zambia, and Kenya. In Zambia, the company has already secured 10 EPC projects worth ₹550 million (~$5.97 million), with project execution expected by 2026.

India exported solar cells and modules worth over $100.21 million (₹8.9 billion) in the fourth quarter of 2025, a 52.8% year-over-year decrease from $212.2 million (₹17.9 billion). The UAE accounted for 1.8% of total exports.