Kosol Energie signs INR 52,000 crore MOU for solar manufacturing expansion, R&D and RE parks in Gujarat

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Indian solar manufacturer Kosol Energie, led by chairman & managing director, Kalpesh Kalathia, has committed an investment of INR 52,000 crore for solar manufacturing expansion and setting up R&D facilities and integrated renewable energy parks in the Indian state of Gujarat.

A Memorandum of Understanding (MoU) for the proposed investment was signed with Gujarat government at the Vibrant Gujarat Regional Conference (VGRC) held at Mehsana.

Kalathia told pv magazine that the planned investments will focus on critical areas of India’s solar module manufacturing ecosystem, as well as accelerating the nation’s solar adoption journey. A significant portion of these investments will go toward strengthening R&D capabilities to enhance module efficiency and minimize cell-to-module (CTM) losses, thereby enabling project developers to achieve higher electricity generation per unit of land utilization.

Another major area of investment will be the expansion of world-class manufacturing facilities and quality assurance laboratories to improve the reliability and performance testing of solar modules. While approximately 8–10% of the investments will be directed toward R&D and manufacturing, the larger share will be dedicated to developing high-performance Renewable Energy Parks that will generate clean power for Gujarat over the next three decades and beyond. These integrated RE parks will also promote the synergistic use of solar power with other clean energy sources such as green hydrogen, paving the way for a truly futuristic and sustainable energy ecosystem.

“These planned investments not only reflect our confidence in Gujarat’s renewable energy growth story but also mark a significant step in our broader commitment to India’s clean energy transition. We look forward to replicating such high-impact investments across other states with the support of respective governments, thereby contributing meaningfully to a Cleaner and Greener India,” said Kalathia. “These initiatives are expected to create thousands of direct and indirect employment opportunities and help build a skilled workforce to drive India’s renewable energy growth story forward.”

Kosol Energie is an Indian solar EPC and module manufacturing company, delivering end-to-end solutions across utility-scale, commercial & industrial (C&I), residential, and agricultural segments. Awarded India’s Best PV Module Manufacturer 2025 by BARC, the company has executed 330+ MW projects in utility and C&I sectors and 1,000+ rooftop projects nationwide. Its in-house capabilities include PV module and component manufacturing, while services span solar park development, BESS, floating and ground-mounted systems, and rooftop solar.

 

 

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