MR. VINAY THADANI

Q.Could you highlight some of the most groundbreaking technologies or processes developed by GREW Solar over the past two years?

GREW Solar is firmly grounded in the core values of sustainability, reliability, and environmental stewardship. Backed by the Chiripal Group’s fivedecade legacy of excellence across diverse sectors— Textiles, Education, Petrochemicals, Infrastructure, Packaging, and Poly Films—we bring unparalleled expertise and a solid foundation to our journey in renewable energy. This rich heritage empowers us to drive innovation, foster positive change, and deliver on our vision for a greener, more sustainable future. We take pride in our advanced ‘Topcon’ product line, renowned for its exceptional efficiency in solar energy generation. These products stand out for their superior performance, effectively addressing the growing demand for renewable energy solutions in today’s eco-conscious world. Leveraging cuttingedge Topcon-based solar cell technology, this range ensures enhanced reliability and performance while minimizing maintenance costs and maximizing long-term value. By significantly reducing energy expenses, our innovations empower customers to embrace sustainability and actively contribute to a greener future. We have established a dedicated in-house R&D center at our manufacturing facility to drive continuous innovation and improvement in our product offerings. This center focuses on developing advanced designs and refining existing products, ensuring we stay at the cutting edge of technological advancements in solar energy. Additionally, we have integrated an in-house sewage water treatment plant, powered by our own solar power plant. This strategic investment not only enhances our production capabilities but also underscores our unwavering commitment to sustainability.

Q.How does GREW Solar strike a balance between innovation and environmental sustainability within the renewable energy sector?

 As India strives to achieve net-zero emissions by 2070, GREW Solar is positioning itself as a leader in solar manufacturing. Operating a 3GW facility in Jaipur with an upcoming 5GW manufacturing unit at same location, our dedication to reducing emissions is reflected in our sustainable practices throughout the manufacturing process. At our Jaipur facility, we’ve installed solar panels developed by GREW Solar to power our operations, reducing both operational costs and our carbon footprint. In addition, we’ve implemented a water treatment facility to recycle and reuse water for noncritical purposes, minimizing our dependence on fresh water. These initiatives highlight our steadfast dedication to environmental conservation and a carbon-neutral future. GREW Solar’s partnerships with research institutions and industry leaders demonstrate its commitment to fostering innovation and driving progress in the renewable energy sector. By collaborating with experts and pioneers, the company ensures access to cutting-edge technologies, best practices, and groundbreaking research. These partnerships enable the development of advanced solar panel solutions, energy-efficient technologies, and sustainable practices, aligning with global standards. Additionally, such collaborations enhance the company’s ability to address industry challenges, remain competitive, and contribute significantly to India’s renewable energy goals. This approach reinforces GREW Solar’s position as a forward-thinking, solution-oriented leader in the solar manufacturing industry

Q.What does success look like for GREW Solar over the next decade, and what milestones are you aiming to achieve?

At GREW Solar, success is about consistently executing small, impactful actions that align with our mission. Our goal is to establish ourselves as a leader in solar module manufacturing, supporting the vision of Atmanirbhar Bharat by promoting selfreliance, sustainable development, and creating green job opportunities for India’s youth. The Government of India has launched PLI Tranche II to push companies with vision to propel nextgeneration renewable technology in India. With our expertise and prime quality manufacturing, GREW SOLAR has won the PLI bid to set up state of the art facility for 2GW capacity allocation for PV Modules, PV Cells, Wafers and Ingot manufacturing. It is a matter of pride for us that we are one of the only 11 trusted companies to win PLI allocation. GREW Solar’s forthcoming upgrade to 8 GW of PV Modules at Dudu (Jaipur) & 3GW solar cell manufacturing facility at Narmadapuram, (Bhopal) targeting completion by 2026 is strategically positioned to meet the increasing demand for localized production, aligning with India’s ambitious net-zero targets. Achieving three-stage backward integration within just two years of our establishment is a significant milestone for our company. As we look to the future, our goal is to establish ourselves as a leading player in the global export market. Our vision is to position our company as a trusted partner for solar energy projects in the United States, where our commitment to quality, innovation, and sustainability will serve as the foundation for building strong and lasting relationships with international clients.

Q.How can GREW Solar leverage government initiatives such as “Make in India” and energy efficiency schemes to drive growth and innovation?

GREW Solar is fully aligned with India’s goal of achieving net-zero emissions and demonstrates its pledge to environmental consciousness through initiatives like installing solar panels at its cuttingedge manufacturing facility in Jaipur. These actions not only reduce our carbon footprint but also reinforce our leadership in driving a greener future. We wholeheartedly support our Honourable Prime Minister’s vision for the ‘International Solar Alliance,’ emphasizing the need for global collaboration to harness solar power and reduce reliance on fossil fuels. The “Make in India” initiative, launched by the Government of India, aligns seamlessly with Grew Solar’s mission to boost local manufacturing, reduce import dependency, and drive self-reliance in the renewable energy sector. As a proud contributor to India’s clean energy goals, Grew Solar leverages cutting-edge technology to manufacture highquality PV modules domestically. Our commitment to “Make in India” not only strengthens the nation’s energy independence but also supports sustainable economic growth and job creation, reinforcing India’s position as a global renewable energy leader.

Q.What are the primary challenges GREW Solar faces in scaling renewable energy adoption on a global scale, and how are you addressing them?

Scaling global renewable energy adoption faces significant challenges. Supply chain issues, such as the limited availability of critical materials like lithium, cobalt, and rare earth elements, can disrupt manufacturing and increase costs. Market competition is fierce, with established fossil fuel industries often leveraging subsidies and economies of scale to maintain dominance, making it difficult for renewables to compete in certain regions. Regulatory hurdles, including inconsistent policies, lengthy permitting processes, and a lack of international standardization, further impede the deployment of renewable projects. Addressing these challenges requires coordinated efforts to develop resilient supply chains, foster fair competition, and create streamlined, supportive regulatory frameworks across borders.

Q.Are there any new innovations or products currently in development that you’re particularly excited to introduce to the market?

 For us at GREW Solar, research and development are a fundamental pillar of our innovation strategy, driving the efficiency and competitiveness of our products. Our dedicated in-house R&D lab demonstrates our promise to continuous improvement and meeting the diverse needs of the market. We actively collaborate with academic institutions and industry partners to advance technology in the photovoltaic sector focussing on knowledge sharing, skill enhancement, and developing on-point solutions. Through these collaborations, we aim to introduce ground-breaking products that not only benefit our partners but also contribute to a sustainable energy future and push the boundaries of renewable energy innovation. GREW Solar has signed a Memorandum of Understanding (MoU) with the prestigious Indian Institute of Technology (IIT) Bombay aiming to leverage IIT Bombay’s cutting-edge expertise and GREW Solar’s industry leadership to advance sustainable energy solutions, drive technological advancements in solar manufacturing, and contribute to India’s net-zero goals. This MoU underscores GREW Solar’s commitment to supporting academic partnerships that bridge the gap between research and industry, paving the way for future-ready, clean energy solutions.

Q.What untapped opportunities do you see within the renewable energy market, and how does GREW Solar plan to capitalize on them?

The renewable energy market presents untapped opportunities in emerging technologies like agrivoltaics, floating solar farms, and advanced energy storage systems, which address land and storage constraints. GREW Solar plans to capitalize on these by leveraging its cutting-edge Topcon technology for solar modules and expanding into other integrated energy solutions like glass. Additionally, the growing demand for localized manufacturing driven by India’s net-zero targets opens doors for GREW Solar’s upcoming 3GW ingot, wafer, and cell facility in Narmadapuram (Bhopal). By aligning its expansion with socio-economic development and innovation, GREW Solar aims to capture new market segments while supporting India’s renewable energy ambitions.

Q.How do you envision the renewable energy landscape evolving over the next five years, and what role do you foresee for GREW Solar in that transformation?

Over the next five years, India’s renewable energy landscape is poised to mature significantly, driven by enhanced scalability, continuous innovation, and a skilled workforce prepared to meet global demand. Currently, supply chain vulnerabilities caused by dependency on limited raw materials present a challenge worldwide. Addressing these vulnerabilities through resource diversification and advancements in solar module technology will be pivotal. India is well-positioned to become a global leader in renewable energy, with solar power expected to account for over 50% of the country’s energy needs. GREW Solar envisions playing a key role in this transformation by championing technological advancements and supporting Government initiatives to create a sustainable future. By leveraging cuttingedge solutions such as Topcon-based solar modules, the company is committed to reducing carbon emissions and accelerating renewable energy adoption. GREW Solar’s focus on sustainability and ethical business practices positions it as a preferred partner for investors and environmentally conscious stakeholders. Our initiatives to upskill local youth and create meaningful job opportunities demonstrate a strong commitment to socio-economic development. As a forward-thinking organization, GREW Solar is dedicated to delivering long-term, sustainable value while making significant contributions to India’s netzero targets and global sustainability objectives.

Q.With Intersolar 2025 just around the corner, what are your expectations for this upcoming edition, and what key highlights can we look forward to from GREW Solar at the event?

At Intersolar 2025, we at GREW Solar are excited to showcase our latest advancements in solar technology and reaffirm our commitment to a sustainable future. This year, attendees can expect key highlights such as the unveiling of our cuttingedge Topcon solar modules, designed for superior efficiency and reliability. We will also spotlight our expanded manufacturing capacity and locations, which positions us as a significant contributor to India’s renewable energy targets. Additionally, our team is gearing up to engage with global partners, share thought leadership on industry trends and explore opportunities for collaboration. Intersolar 2025 promises to be an inspiring platform to demonstrate how GREW Solar is shaping the future of solar energy solutions and policies that shape the future of Indian renewable energy industry.