TP Solar Ltd. announced that its Tirunelveli plant churned out 1 GW of modules and 0.9 GW of cells in the July‑September 2026 quarter, a 20% lift over the 0.8 GW of modules and 0.75 GW of cells seen in the prior year‑quarter. The uptick came as the company closed the first half of FY27 with 2 GW of modules and 1.8 GW of cells, underscoring a steady ramp‑up in capacity utilization.
The company highlighted that the 4.3 GW facility—backed by a ₹4,300‑crore investment from Tata Power—has been running at a higher throughput thanks to automated guided vehicles and AI‑driven process controls. The Tata Power Solar unit is also the only domestic assembler that meets the government's Domestic Content Requirement (DCR) norms, with modules listed on the approved models list.
Production is split between Tunnel Oxide Passivated Contact (TOPCon) and Monocrystalline Passivated Emitter & Rear Cell (MPC) technologies, both of which offer higher efficiency and lower cost per watt. The plant's DCR‑compliant modules are made entirely from locally sourced components, a key driver of the government’s push for domestic manufacturing.
Workforce data revealed that nearly 80% of the plant’s 2,400 employees are women, a point the company said showcases its inclusive hiring model. The plant’s human‑resource mix may play into future ESG ratings for Tata Power’s broader portfolio.
While the company has not yet disclosed Q2 revenue or profit figures, analysts expect the higher output to translate into a 15%‑plus rise in sales once the Q2 filing is released. Investors are watching closely as the next earnings announcement due in late November could set the tone for the solar sector’s valuation in the coming months.