CALCULATE YOUR SIP RETURNS

Goldi Solar Gets ₹1,422 Crore Investment Led by Havells India to Boost Manufacturing

Written by: Team Angel OneUpdated on: 29 Oct 2025, 6:12 pm IST
Goldi Solar secures ₹1,422 crore from Havells India and others to expand solar module manufacturing and launch solar cell production.
Goldi Solar Gets 1422 Crore Investment from Havells India
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Goldi Solar, a leading renewable energy solutions company, has raised ₹1,422 crore in a landmark funding round led by Havells India, as per the news reports. 

The investment will enhance the company’s manufacturing capacity and support solar cell production as it aims to innovate and lead in solar technology.

Havells India Leads Massive ₹1,422 Crore Investment in Goldi Solar

On October 29, 2025, Goldi Solar announced a capital infusion of ₹1,422 crore. Havells India contributed ₹600 crore, with the rest coming from high-net-worth individuals, strategic investors, and institutions, including Nikhil Kamath, Ambit Global Private Client, Shahi Exports Pvt Ltd, and others. The investors share a vision of sustainability and innovation in clean energy.

Expansion of Module Capacity and Solar Cell Facility

The funds will be utilised to scale up Goldi Solar’s solar module manufacturing from its current 14.7 GW capacity. The company has expanded significantly from 3 GW within 12 months. Additionally, the funding supports the creation of a 1.2 GW solar cell production facility in Gujarat, strengthening backward integration in solar manufacturing.

Strategic Objectives and Innovation in Solar Technology

This infusion allows Goldi Solar to accelerate its R&D initiatives and enhance high-efficiency solar technologies. By leveraging this financial backing, the company aims to reinforce its go-to-market efforts and become a leader in solar innovation and sustainable energy solutions.

Read More:Best Solar Stocks in November 2025: Waaree Renewable, Solex Energy, and Others Based on 5-Year CAGR!

Governance and Advisory Support in the Investment

The funding transaction was facilitated by SBI Capital Markets Ltd, ensuring alignment with regulatory frameworks. Legal advisory was provided by Saraf and Partners, supporting a robust governance structure. These partnerships reflect investor confidence in Goldi Solar’s strategic direction.

Conclusion

Goldi Solar's ₹1,422 crore capital raise, spearheaded by Havells India, positions the company for major growth in solar module and cell manufacturing. With increased capacity, technological advancements, and a focus on sustainability, the investment marks a turning point in India’s renewable energy sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Oct 29, 2025, 12:40 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers