Chennai, August 2024: Gautam Solar, a leading name in India’s renewable energy sector, unveils its plans to tap the sunlight of South India and contribute it to developmental activities in the region. At the “Gautam Solar Tech Workshop and Press Conference” in Chennai, the organization apprised the media about its growth plan and what steps they have taken so far in making strong footholds in the region.
With almost three decades of impressive legacy in the renewable energy sector, Gautam Solar is now focused on strengthening the solar infrastructure of southern states with two state-of-the-art warehouses. This strategic initiative marks a significant milestone in the company’s expansion into South India, aimed at ensuring the efficient distribution and accessibility of high-quality solar panels to major centers like Chennai, thus reinforcing Gautam Solar’s commitment to establishing India as a preeminent solar hub.
Gautam Solar’s strategic advancements in South India hold particular significance as they facilitate faster access for project developers, EPC companies, and system integrators in the region to the company’s newly introduced TOPCon Solar Modules. These solar panels, manufactured locally to international standards, underscore India’s burgeoning expertise in renewable energy technology.
Mr. Gautam Mohanka, CEO of Gautam Solar, conveyed his enthusiasm for this expansion, stating, “Our foray into the South Indian market represents a pivotal moment for Gautam Solar. The establishment of our new warehouses in Karnataka and Kerala, not only allows us to provide quick access to cutting-edge solar solutions in these states, but also service customers in neighboring regions like Tamil Nadu (where we already have a service center in Ramanathapuram) and Andhra Pradesh better. This move reaffirms our dedication to driving positive change and technological progress in the region by empowering local communities, contributing to a greener and more sustainable future.”
Ranked among the Top 10 Indian solar module manufacturers, Gautam Solar demonstrated India’s growing proficiency in solar manufacturing at the event, addressing concerns about the quality of Indian technology compared to global standards.
In terms of financial stability and growth, Gautam Solar has received strong ratings from CRISIL, including a ‘CRISIL BBB+/Stable’ long-term rating and a ‘CRISIL A2’ short-term rating, reflecting its robust financial health and operational capabilities.
Furthermore, the company recently published two whitepapers: one addressing the challenges posed by extreme weather conditions on solar panels and another supporting solar developers and manufacturers in meeting the stringent criteria of the PM-KUSUM scheme. These initiatives reinforce Gautam Solar’s commitment to advancing India’s renewable energy sector.