Q: Insolation Energy has been making headlines with its recent developments. Can you share insights into the company’s latest innovations and how they contribute to India’s renewable energy sector?
A: Insolation Energy (INA Solar) is focused on driving innovation that addresses India’s energy needs. We’ve improved module efficiency and durability through advanced materials and optimized manufacturing. These efforts support India’s clean energy goals by delivering robust and efficient solar modules.
Q: The solar industry is evolving rapidly with new technologies like TOPCon and HJT gaining traction. Is Insolation Energy investing in next-gen solar technologies, and how do you see these shaping the market?
A: We are monitoring and evaluating TOPCon and HJT technologies, which promise significant performance benefits. While optimizing current lines, we have already adopted TOPCon to enhance future capacity, ensuring we stay at the forefront of solar tech innovation and help reduce the levelized cost of energy.
Q: Your company has been expanding its manufacturing capabilities. Can you elaborate on the latest production capacity enhancements and how they align with India’s push for domestic solar manufacturing?
A: We currently have 1 GW operational capacity for Mono PERC modules and are adding 3 GW more using N-Type TOPCon tech. A 3 GW solar cell line and 4 GW module line are in development. We’re also setting up an aluminum frame extrusion facility to strengthen vertical integration and reduce reliance on imports.
Q: With increasing demand for high-efficiency solar modules, how is Insolation Energy working to improve efficiency, durability, and cost-effectiveness in its product offerings?
A: We invest in R&D to enhance efficiency and durability, improve cell interconnection, and encapsulation materials. Quality control is rigorous, and we’re optimizing our supply chain to ensure cost-effectiveness and long-term value for customers.
Q: Recent policy changes and incentives under India’s PLI scheme are driving local manufacturing. How is Insolation Energy positioning itself to benefit from these government initiatives?
A: Though we haven’t applied for PLI benefits, we fully support its goal. We’re expanding manufacturing independently, leveraging state-level incentives, and investing in TOPCon and frame extrusion to contribute to a self-reliant solar value chain.
Q: Energy storage solutions are becoming crucial for the renewable sector. Is Insolation Energy exploring new battery storage or hybrid solar solutions to complement its module offerings?
A: Yes, energy storage is essential for stability and 24/7 supply. While solar modules remain our core, we’re exploring partnerships and battery tech to offer integrated solar + storage systems. These solutions will enhance our portfolio and support India’s energy independence.
Q: What major market trends and challenges do you foresee in the solar industry for 2025, and how is Insolation Energy adapting its strategies to stay ahead?
A: Key trends include demand for high-efficiency modules like TOPCon, hybrid systems, and grid integration. Challenges involve supply chain disruptions and policy volatility. We’re responding by scaling to 8 GW of module and 3 GW of cell capacity, investing in tech, and pursuing self-reliant, cost-efficient growth.
Q: As RenewX 2025 approaches, how does Insolation Energy plan to utilize this platform to highlight its latest advancements, forge industry partnerships, and enhance its presence in the renewable energy market?
A: RenewX 2025 is a strategic platform for us to showcase our latest TOPCon modules, new production lines, and aluminum frame facility. We aim to build partnerships, engage EPC players, and reinforce our commitment to India’s solar manufacturing mission.
