GREW Solar Raises Rs 300M to Expand Manufacturing Capacity

10 Sep 2025 CW Team

Vijay Kedia said, “I invest in companies built on integrity, vision and execution strength. GREW Solar embodies these values and is well-positioned to ride India’s renewable energy wave, particularly in solar manufacturing. It has the potential to create long-term value for investors while advancing India’s clean energy leadership.”

Rohit Kothari of GeeCee Holdings added, “We trust GREW Solar’s commitment to driving its next phase of growth, backed by strong technology capabilities and visionary leadership. Aligned with India’s clean energy agenda and global sustainability goals, we support GREW Solar’s journey as it scales and creates lasting impact.”

Vinay Thadani, Director & CEO of GREW Solar, said, “We are honoured to welcome Mr Kedia and Mr Kothari on board. These investments validate our strategy and motivate us to build a robust solar ecosystem powering India’s green ambitions. This will accelerate our growth and strengthen our contribution to India’s renewable energy targets.”

About GREW Solar

Founded in 2022, GREW Solar has rapidly scaled with support from the Chiripal Group’s five-decade manufacturing legacy. In its first year, it launched M10 modules up to 550 Wp and commissioned 1.2 GW of module capacity at Dudu, Rajasthan. By 2025, capacity expanded to 3 GW with high-efficiency M10 TOPCon modules of up to 590 Wp. The Dudu facility is being scaled to 11 GW, positioning it as one of India’s largest AI-powered integrated solar PV module manufacturing plants with an in-house R&D lab.

The company is also setting up a 3 GW solar PV cell plant in Narmadapuram, Madhya Pradesh, with plans to expand to 8 GW by the end of 2026, enabling full backward integration.

GREW Solar, a solar PV manufacturer under the Chiripal Group, has raised Rs 300 million from a diverse set of investors, including noted market participants Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company plans to deploy the capital towards new product development, strengthening technological infrastructure, and funding expansion initiatives.Vijay Kedia said, “I invest in companies built on integrity, vision and execution strength. GREW Solar embodies these values and is well-positioned to ride India’s renewable energy wave, particularly in solar manufacturing. It has the potential to create long-term value for investors while advancing India’s clean energy leadership.”Rohit Kothari of GeeCee Holdings added, “We trust GREW Solar’s commitment to driving its next phase of growth, backed by strong technology capabilities and visionary leadership. Aligned with India’s clean energy agenda and global sustainability goals, we support GREW Solar’s journey as it scales and creates lasting impact.”Vinay Thadani, Director & CEO of GREW Solar, said, “We are honoured to welcome Mr Kedia and Mr Kothari on board. These investments validate our strategy and motivate us to build a robust solar ecosystem powering India’s green ambitions. This will accelerate our growth and strengthen our contribution to India’s renewable energy targets.”About GREW SolarFounded in 2022, GREW Solar has rapidly scaled with support from the Chiripal Group’s five-decade manufacturing legacy. In its first year, it launched M10 modules up to 550 Wp and commissioned 1.2 GW of module capacity at Dudu, Rajasthan. By 2025, capacity expanded to 3 GW with high-efficiency M10 TOPCon modules of up to 590 Wp. The Dudu facility is being scaled to 11 GW, positioning it as one of India’s largest AI-powered integrated solar PV module manufacturing plants with an in-house R&D lab.The company is also setting up a 3 GW solar PV cell plant in Narmadapuram, Madhya Pradesh, with plans to expand to 8 GW by the end of 2026, enabling full backward integration.

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