Lighting Up Lives
Founded in 2010 and headquartered in Surat, Gujarat, Goldi Solar has emerged as a leading player in the solar energy sector. The company manufactures high-end photovoltaic modules and offers EPC services. It is recognised for its production of Mono-PERC and other cutting-edge module technologies and aspires to venture into TOPCon technology-based solar modules to meet India's growing solar market demands.
Goldi Solar was co-founded in 2010 by Capt. Ishver Dholakiya (Co-founder and Managing Director) and Bharat Bhut (Co-founder and Director). The company already has a global footprint and exports to over 20 countries. It operates two state-of-the-art manufacturing facilities with a consolidated capacity of four GW in Pipodara and Navsari, in Gujarat.
Social Responsibility
In keeping with its core brand philosophy of ‘Transforming Tomorrow's Energy,’ Goldi Solar is actively involved in ensuring sustainable livelihoods in the Dang villages of Gujarat.
The company has initiated various impactful projects, including the solarisation of villages, infrastructure improvements, support for athletes and providing skill development and employment opportunities for local youth.
Demonstrating its commitment to social responsibility, Goldi Solar has announced installation of rooftop solar power systems at the homes of 41 workers rescued from the Silkyara tunnel collapse site in Uttarakhand.
Goldi Solar operates in the energy and environment market segments. The company's focus on solar module manufacturing and EPC services demonstrates its commitment to providing sustainable energy solutions. Its key competitors include Ecoflow, Renogy and Borosil Renewables.
The startup is in the process of investing Rs 5,000 crore to double its module manufacturing capacity to 6,000 MW by 2026. The company also aims to set up a cell manufacturing unit, further solidifying its presence in the renewable energy sector. As of now, Goldi Solar has not raised any funds and there are no institutional or angel investors associated with the company.
The solar power industry offers tremendous opportunities to investors the world over. India has achieved a solar power capacity of 64.5 GW, with around 58 GW of projects tendered and awaiting auction. As of June 2023, the nation's overall renewable energy capacity, including large hydro projects, has reached 173.5 GW, constituting 41.4 per cent of the total power capacity mix.
Goldi Solar aims for big investments in the year ahead and to continue to innovate and expand. The startup’s journey from manufacturing high-end photovoltaic modules to community-centric initiatives demonstrates its commitment to sustainability and transforming the energy landscape.
