Interview with Mr. Ashok Kumar Singh, President – Solar Business, Novasys Greenergy Ltd.

Mr. Ashok Kumar Singh

Pioneering Next-Gen Solar Manufacturing with N-Type TopCon Technology and Scalable Capacity

Q: Novasys has been at the forefront of innovation in the renewable energy sector. Can you share insights into your latest technological advancements and how they are shaping the industry?
A: At Novasys Greenergy, we are entering the manufacturing space for high-efficiency N-Type TopCon solar modules, offering capacities up to 630Wp. These advanced modules come with a 30-year performance warranty and are known for lower PID and LID degradation. As the solar industry moves toward higher efficiency and reliability, N-Type technology will define the next phase of renewable energy growth.

Q: Your company recently made some significant announcements. Can you elaborate on these developments and how they align with Novasys’ long-term vision?
A: We’re expanding our solar module manufacturing capacity to 3.2 GW by October 2025, and plan to establish our own solar cell manufacturing line in the next financial year. This move aligns with our vision to deliver Make in India solar products to the global market—combining quality, performance, and scale.

Q: What new products or solutions has Novasys introduced recently, and how do they address the current challenges in the renewable energy sector?
A: The introduction of our N-Type solar modules addresses two major industry needs: higher efficiency and improved plant output. By using these modules, customers can expect increased CUF (Capacity Utilization Factor) and better LCOE (Levelized Cost of Energy) and ROI from their solar plants—essential for large-scale and utility-grade projects.

Q: How does Novasys ensure continuous improvement and innovation in its product offerings, particularly in response to evolving market demands?
A: Our manufacturing strategy focuses on automation and technological upgrades, enabling us to deliver some of the most advanced solar products at competitive pricing. Continuous innovation is embedded in our operations to remain agile and aligned with market trends.

Q: What are the key challenges that Novasys is currently addressing in the renewable energy landscape, and how is the company positioning itself to overcome them?
A: A major challenge has been the shortage of domestically manufactured solar cells, impacting supply timelines. To address this, we are investing in our own solar cell production facility, targeted for rollout in FY 2026–27, which will enhance our self-reliance and vertical integration.

Q: Sustainability is a key focus for businesses today. What initiatives has Novasys undertaken to enhance its sustainability efforts and reduce environmental impact?
A: We are scaling our operations to meet rising demand while actively planning backward integration to minimize our environmental footprint. Our initiatives are geared toward long-term sustainable manufacturing and cleaner energy production.

Q: With RenewX 2025 approaching, how does Novasys plan to leverage this platform to showcase its innovations and engage with industry stakeholders?
A: At RenewX 2025, we will showcase our latest N-Type TopCon modules and solar innovations at a large, visually impactful booth. The event is a valuable platform for us to engage with EPCs, developers, and key decision-makers in the renewable energy industry.

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