Q: What inspired Krivi Energy to take the leap into solar manufacturing—and why now?
Krivi Energy, under the leadership of Raj and Veer Bhalala, is transforming from a project execution company into a full-spectrum solar powerhouse. Their move into solar manufacturing is driven by a mission to offer end-to-end solutions—from modules to complete EPC services. With a 2.5 GW solar module plant in the pipeline and solar cell manufacturing post-IPO (planned for 2026–27), Krivi aims to compete globally using advanced technologies like TOPCon, focusing on quality and cost-efficiency for emerging markets including the US, Middle East, Africa, and Europe.
Q: How does Krivi Energy plan to build a world-class manufacturing ecosystem?
Krivi is initiating operations with a 400 MW setup, scaling to 1.6 GW by 2026. The goal is not just volume, but excellence. Plans include long-term integration of wafer and cell manufacturing, ensuring control over quality and pricing. Their approach supports vertical integration and global competitiveness, with innovation and precision at the core.
Q: What makes Krivi Energy’s product portfolio stand out in a crowded market?
Krivi’s dual-technology strategy sets it apart:
- N-type TOPCon G12R modules (132 half-cut cells, up to 605 Wp) for high-efficiency utility-scale projects
- P-type MonoPERC M10 modules (156 half-cut cells, up to 595 Wp) for cost-effective, DCR-compliant solutions
This portfolio enables them to meet both international and domestic demands with flexibility and performance.
Q: How is Krivi Energy transforming EPC execution in India and beyond?
Krivi’s EPC division, led by Executive Director Veer Bhalala, is already handling over 50 MW of projects, ranging from solar farms to industrial rooftops. Their EPC philosophy centers on integrity, optimization, and excellence. Their in-house module manufacturing synergizes with EPC to ensure performance, quality, and seamless delivery.
Q: What does the road ahead look like for Krivi Energy?
Krivi is poised for rapid growth. With the upcoming IPO and the launch of TOPCon module production, the focus shifts toward full vertical integration—including solar cell manufacturing. They are also exploring global partnerships, digital innovation, and sustainability-driven R&D to stay ahead. Their mission: to make solar energy smarter, more efficient, and globally accessible.
“Our integrated approach gives us an edge,” says Raj Bhalala, “allowing us to compete globally, especially in markets like the US that value efficiency and cost.”