Que: How does Credence Solar maintain the quality and performance of its modules across different configurations and sizes?

Ans: At Credence Solar, maintaining consistent quality and performance across all our module configurations and sizes is a top priority. We achieve this through a combination of advanced manufacturing, stringent quality control, and continuous R&D.
Firstly, all our modules—whether they're 590W, 670W, or up to 730W—are produced on a fully automated, state-of-the-art production line. Automation minimises human error and ensures uniformity across every batch.

Secondly, we follow a rigorous quality assurance process that includes in-line EL testing, IV curve checks, and multiple inspection checkpoints at various stages of production. This ensures that every module meets our internal standards, as well as BIS and ALMM compliance requirements.

We also design our modules with long-term performance in mind. For example, our bifacial glass-to-glass modules incorporate a unique dual back-rib design that enhances mechanical rigidity, reduces glass sagging, and improves stability over time—regardless of size or wattage.

Lastly, before any new configuration is launched, we conduct extensive reliability and field testing under real-world conditions. This proactive approach allows us to optimise performance and durability for a wide range of installations, whether it's a 590W bifacial or a 730W TOPCon module.

So, whether a customer chooses a 12BB monofacial or an 18BB bifacial, they can be confident that they're getting consistent performance and long-term reliability from Credence Solar.

Que: What products and innovations will you be showcasing at RenewX India 2025?

Ans: At RenewX India 2025, we’re excited to showcase Credence Solar’s latest advancements in high-efficiency PV technology. The highlight will be our 730W TOPCon bifacial modules, which currently represent the highest wattage being manufactured and supplied by an Indian company. These modules are based on 210mm, 18BB cell technology and are built in a glass-to-glass format with our signature dual back-rib design, ensuring enhanced mechanical strength and long-term durability.

We’ll also be presenting our 670W monofacial modules, which are ALMM- and BIS-approved and tailored for utility-scale projects where bifacial deployment isn’t preferred. These modules deliver a strong balance of efficiency, reliability, and value.

Beyond the products, we’ll be highlighting innovations around glass sag prevention, cell-level optimisation, and high-speed automated lamination processes that help us maintain quality even as we scale. We're also preparing to introduce our expanded 1.6 GW line, which will boost our total capacity to 2.2 GW by mid-2025—further reinforcing our commitment to ‘Make in India’ and global competitiveness.

In short, RenewX will be an opportunity to not only display our cutting-edge modules but also connect with partners and customers who are looking for reliable, high-performance solutions backed by strong technical support.

Que: What drove the decision to begin solar cell manufacturing, and how will this help meet the demand for domestically produced DCR solar cells in India?

Ans: The decision to venture into solar cell manufacturing was both strategic and forward-looking. As India accelerates its push for renewable energy independence, the demand for domestically produced DCR-compliant solar cells has grown significantly—especially with policy frameworks like the Approved List of Models and Manufacturers (ALMM) and various government tenders mandating DCR content.

At Credence Solar, we recognised that in order to fully support the Indian government’s Atmanirbhar Bharat mission and reduce reliance on imports, vertical integration was the natural next step. By initiating our own cell manufacturing line, we not only gain tighter control over quality and supply timelines but also ensure seamless compatibility between our cells and modules—something that's critical for maintaining high efficiency and long-term performance.

This move will directly address the current gap in the DCR supply chain by offering reliable, high-efficiency Indian-made solar cells, enabling us—and the ecosystem around us—to participate more actively in domestic projects, including those under PM-KUSUM, CPSU, and other DCR-driven schemes.

Overall, our cell manufacturing initiative is about strengthening the foundation of India’s solar manufacturing ecosystem while ensuring Credence remains a fully integrated and future-ready solar technology partner.

Que: Can you provide more details on the upcoming solar cell production line? What is the expected timeline, and what capacity do you plan to start with?

Ans: Absolutely. We’re excited to share that Credence Solar is in the advanced stages of setting up its first solar cell manufacturing line, which is a key milestone in our journey toward becoming a fully integrated solar manufacturer.

The production line is being designed to support TOPCon cell technology, aligned with our current high-wattage module offerings. We're equipping it with cutting-edge European and Asian machinery to ensure high conversion efficiency, minimal defect rates, and robust long-term performance.

As for the timeline, we’re targeting commissioning by Q2 of 2026, with trial production expected to begin shortly before that. The initial capacity will be around 1.2 GW annually, with scalability built into the plant’s infrastructure to allow for future expansion as demand grows.

This move will not only give us greater control over our supply chain and product quality, but it will also play a pivotal role in supporting India’s DCR module requirements, especially for government-driven programs like CPSU and PM-KUSUM.

Ultimately, our goal is to create a more resilient and self-reliant ecosystem, while continuing to deliver high-efficiency, reliable products to both domestic and international markets.

Que: How important is the IPO for funding your expansion plans, and how do you envision the market responding to this initiative?

Ans: The IPO is a very strategic move for Credence Solar—it’s not just about raising capital, but about positioning ourselves for long-term growth and deeper market presence. As we expand our manufacturing footprint, especially with our upcoming 1.2 GW solar cell line and the recent 1.6 GW module capacity expansion, the IPO will play a critical role in funding these initiatives efficiently and sustainably.

It also provides us with an opportunity to diversify our investor base, increase transparency, and build stronger market credibility—especially as we look to serve larger utility players and international clients who value long-term stability and vertical integration.

We believe the market will respond positively, given our proven track record, robust technology roadmap, and consistent focus on high-efficiency, high-quality modules. The solar sector in India is booming, and investors are actively looking for companies with a clear vision, execution capability, and alignment with the national renewable energy goals. We tick all those boxes.

So, while the IPO will fuel our next phase of growth, it also symbolises Credence Solar’s readiness to step onto a bigger stage and lead from the front as a trusted Indian solar brand.

Que: What are the company’s key objectives for the next 3-5 years, particularly regarding production capacity and technological innovations?

Ans: Over the next 3-5 years, Credence Solar has a clear and ambitious roadmap centred around scaling production, deepening technological capabilities, and strengthening vertical integration.

From a capacity standpoint, we are aiming to scale our total module manufacturing capacity to over 4 GW, building on our current expansion from 600 MW to 2.2 GW. Simultaneously, we are entering solar cell manufacturing with an initial 1.2 GW TOPCon cell line, which is expected to go live by late 2026. Our long-term vision is to further expand this cell capacity in line with module demand and the government's push for domestic manufacturing under the DCR regime.

On the technology front, our focus will remain on high-efficiency cell architectures such as TOPCon and eventually move toward next-gen technologies like HJT or perovskite tandem as they mature and become commercially viable. We also plan to invest heavily in automation, AI-driven quality control, and data analytics for smarter manufacturing and faster innovation cycles.

In addition, we’re working on improving module design in terms of mechanical strength, degradation control, and long-term field performance—building on innovations like our dual back-ribbed bifacial glass-to-glass modules.

Ultimately, our goal is to position Credence Solar as a fully integrated, technologically advanced, and globally competitive solar manufacturer, with a strong commitment to sustainability and Make in India.