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Jun 10, 2023

A Chat with Bharat Bhut, Co

Goldi Solar has been catering to several international brands in 20+ countries. The company manufactures high-end photovoltaic modules at a competitive price, provides EPC services, and is an independent power producer (IPP). Goldi Solar plans to foray into solar cell manufacturing by FY23-24. The company is listed under ALMM (Approved List of Models and Manufacturers) and has BIS (Bureau of Indian Standards) certification. During an interaction with Nitisha; Bharat Bhut, Co-Founder & Director of Goldi Solar talks about Goldi Solar and its future plans to expand its module manufacturing capacity to 6 GW and cell manufacturing to 5 GW by 2025.

The solar industry is constantly evolving, and new technologies are emerging that promise to revolutionize the industry. Goldi Solar has consistently created and delivered quality modules. Our mantra has been to be ahead of the technology curve to provide better and more efficient products and solutions for our customers. With the upcoming line we shall offer the TopCon modules up to 16 BB within 2023. We have also unveiled a 710 Wp bifacial solar module based on heterojunction (HJT) technology. The module is built with 132 half-cells and has a conversion efficiency of up to 22.85%.

We are expanding our manufacturing capacity, with plans to increase module manufacturing capacity to 6 GW by 2025 and cell production capacity to 5 GW by 2025. Goldi Solar has a capacity of 2.5 GW and will be 4 GW in 2023. Furthermore, we plan to expand our reach by penetrating additional pin codes and engaging with end-consumers through our fast-expanding channel business.

The solar energy sector has been experiencing tremendous growth globally, and as a result, new job trends are emerging that are shaping the industry's future. One of the primary trends is the growing demand for skilled workers who can design, install, operate, and maintain solar energy systems. Another trend shaping the future in the industry is the increasing use of technology and automation. As PV panel production becomes more automated, the need for highly skilled technicians to maintain and repair these systems is rising. Integrating artificial intelligence and machine learning also demands professionals to manage and analyze data to optimize solar energy production.

In addition to these, there is also a growing focus on sustainability and environmental responsibility, increasing job opportunities in areas such as energy efficiency, renewable energy policy, and sustainability consulting. As Goldi Solar plans to strengthen its workforce to 5000 employees by FY 2024-25, it is essential to keep up with the emerging job trends and prepare a skilled and adaptable workforce for these changes.

We are investing in expanding our manufacturing capabilities to achieve our production targets. We are also investing in R&D to develop new products and technologies that are more efficient and cost-effective. Additionally, we are forming strategic partnerships with suppliers to ensure a steady supply of raw materials. Building a skilled workforce is also a key area of focus, and the training has started.

At Goldi Solar, we believe in investing in the solar industry's future. Our collaboration with L&T Public Charitable Trust aims to provide skill development training to individuals interested in pursuing their solar industry careers. The curriculum covers various aspects of PV technology, including module manufacturing, quality control, testing procedures, basic engineering, and industrial safety. It will be the first-of-its-kind initiative to fill the industry's gap in the trained and certified workforce. The two organizations believe close cooperation would benefit the local community by enhancing their skills and employability by offering weekend workshops and on-floor training on emerging technologies.

Nitisha; Bharat Bhut, Co-Founder & Director of Goldi Solar Kindly talk about Goldi Solar and its latest products. Last year, Goldi Solar announced investment plant of Rs.5,000 cr to expand manufacturing. Kindly talk about development plans and future investments. Goldi Solar aimed to hire 5000 people by 2025, kindly talk about hiring process and agenda. Goldi Solar bids to ramp up its module and cell production to 6 GW and 5 GW by the end of 2025. What steps have you been taking to fulfil this ambitious target? Goldi Solar announced the collaboration with L&T Public Charitable Trust on the skill development program earlier this year. Tell us more about the program and its curriculum.
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