Home / Business and Economy / Emmvee Solar Expands Capacity to 10.3 GW
Emmvee Solar Expands Capacity to 10.3 GW
20 Dec
Summary
- New 2.5 GW solar module line operational at Bengaluru factory.
- Total solar module manufacturing capacity now reaches 10.3 GW.
- Company's net profit surged 577.3% in Q2 FY26.
Emmvee Energy, a subsidiary of Emmvee Photovoltaic Power, has successfully commenced operations of a new 2.5 GW solar module manufacturing line at its facility in Sulibele, Bengaluru. This expansion, completed on schedule, was part of the company's previously disclosed capacity enhancement plans.
Following this activation, Emmvee Photovoltaic Power's total solar module manufacturing capacity has grown to an impressive 10.3 GW. This significant increase solidifies the company's standing as a major player in India's renewable energy sector, reinforcing its position as a leading solar PV module manufacturer.
The company's financial performance also saw substantial growth, with a consolidated net profit soaring by 577.3% to Rs 237.86 crore. This surge was accompanied by an 181.1% increase in revenue from operations, reaching Rs 1,131 crore in the second quarter of fiscal year 2026 compared to the same period in fiscal year 2025.
