Delhi NCR-based manufacturer to begin phased rollout of 2.2 GW G12R TOPCon solar cell production by FY2026-27, aligning with ALMM List 2 mandate.
Alpex Solar Ltd, a leading integrated solar energy manufacturer headquartered in the Delhi NCR, has announced a strategic upgrade to its solar cell manufacturing roadmap, pivoting from phased Passivated Emitter and Rear Cell (PERC) technology to a full-scale 2.2 GW TOPCon facility. The new plant, located in Kosi Kotwan, will produce high-efficiency G12R generation cells and position Alpex among the first Indian manufacturers to adopt this advanced format.
The ₹1.36 billion investment, funded entirely through internal accruals, will be executed in two phases: 1.4 GW of capacity is expected to go live in Q1 of FY2026-27, with the remaining 800 MW commissioned within six months. Despite the shift in technology, the project timeline remains unchanged, allowing Alpex to synchronise cell output with its expanding 3.6 GW module capacity.
Ashwani Sehgal, Managing Director, Alpex Solar, said, “Our decision to pivot directly to 2.2 GW of G12R TOPCon cell production is a bold, forward-looking strategy that reflects our commitment to innovation and market leadership. This move insulates us from future upgrade costs and downtime, positioning Alpex as one of the first manufacturers in India to produce these high-efficiency G12R cells.”
By bypassing PERC and adopting a direct-to-TOPCon strategy, Alpex avoids the risk of future factory shutdowns and revenue loss associated with mid-cycle upgrades. The new facility is designed to ensure long-term profitability and uninterrupted operations, while meeting accelerating global demand for high-efficiency solar components.
The timing of the rollout also aligns with the implementation of the Approved List of Models and Manufacturers (ALMM) List 2 mandate, scheduled to take effect in June 2026. Alpex’s early adoption of G12R TOPCon technology ensures compliance readiness and strengthens its position in India’s evolving solar manufacturing ecosystem.