Evervolt Green Energy Pvt. Ltd. (Evervolt) has announced plans to expand its solar cell manufacturing operations, aiming for an annual production capacity of 3 gigawatts (GW) by March 2026. The company, which has been active in solar distribution in India for the past decade, plans to reach an initial capacity of 1 GW by March 2025, with an additional 2 GW expected to follow the next year.
This expansion is part of Evervolt’s broader strategy to boost domestic solar cell production and reduce reliance on imported components, aligning with India’s renewable energy targets. The company aims to strengthen its position within the country’s solar supply chain and contribute to the growing demand for clean energy.
Krishna Thimmaiah, CEO of Evervolt, stated that the initiative focuses on establishing a strong domestic manufacturing base for high-quality solar cells to support the transition to renewable energy.
The move reflects ongoing efforts within India to enhance local production capacity in the renewable energy sector, which is key to meeting the country’s sustainability goals.