Energetica India Magazine March - April 2026

Scaling to multi-GW manufacturing is no longer just about growth; it is essential for global competitiveness, technological lead- ership, and supply chain independence. Organisations that embrace this shift holistically are set to define the next era of solar manufacturing. The global solar industry is rapidly transitioning toward multi-gigawatt (GW) manufacturing ecosystems, driven by cost optimisation, technology evolution, and supply chain re- silience. In this transformation, India is uniquely positioned – not just as a high-growth solar market, but as an emerging global manufacturing powerhouse. At Cosmic PV Power Limited, we see this shift as more than an industry trend; it is a defining moment to build globally com - petitive, future-ready manufacturing infrastructure aligned with India’s energy ambitions. India’s Manufacturing Landscape: Scale Meets Opportunity India’s solar manufacturing sector has scaled at an unprece- dented pace: • Rapid expansion of module manufacturing capacity • Strong policy backing through PLI, ALMM, and domestic sourcing initiatives • Increasing investor confidence in integrated solar value chains However, critical gaps remain: • Dependence on imported cells and upstream materials • Limited domestic wafer and polysilicon production • Execution challenges in translating capacity into consistent output This creates a dual opportunity of building scale while simul- taneously building depth. From a strategic perspective, India offers: • A large and predictable domestic demand base • A China+1 alternative for global buyers •A platform to develop export-oriented manufacturing capa- bilities At Cosmic PV Power Limited, our approach is aligned with this opportunity – focusing on scalable manufacturing, tech- nology adoption, and long-term ecosystem integration. Why Multi-GW Scale is Non-Negotiable? The transition to multi-GW manufacturing is not just about expansion—it is about competitiveness and survival. At scale, large facilities drive cost efficiency by lowering per- unit capital expenditure, optimising procurement, and improv- ing overall operational efficiency. Moreover, next-generation technologies such as TOPCon and HJT require high precision, advanced process control, and scalable infrastructure, making multi-GW readiness crucial for technology deployment. From a market perspective, global customers increasingly pri- oritise scale reliability, consistent quality, and financial and op - erational credibility, making multi-GW capability a key factor for bankability and global positioning. Multi-GW manufacturing is therefore a strategic enabler of trust in global markets. Key Challenges in Scaling Despite strong momentum, scaling to multi-GW manufactur- ing presents structural challenges: Supply Chain Dependencies: India’s reliance on imports for cells Scaling to Multi-GW Solar Manufacturing: Challenges and Innovations Harish Valecha Vice President Cosmic PV Power Limited SOLAR MANUFACTURING 54 energetica INDIA- Mar-Apr_2026