Renewable energy and semiconductor manufacturing are closely linked through three areas: solar cell production, power semiconductors and chip plants powered by clean electricity. Solar cells use semiconductor materials to convert sunlight into electricity. Power semiconductors help convert that electricity into usable AC power and manage EV chargers and battery systems. India has approved 12 semiconductor projects with a proposed investment of around ₹1.64 lakh crore. As both sectors grow, clean energy and semiconductor manufacturing are becoming increasingly connected.
Also Read: What is Renewable Energy? Benefits, Types & Examples
What is a Renewable Energy Semiconductor Manufacturer?
Renewable energy semiconductor manufacturers produce chips, solar cells and power devices that help generate, control and convert electricity in systems such as solar panels, inverters, battery storage units and EV chargers.
Companies in this list qualify based on their role in semiconductor manufacturing and their connection to renewable energy. Three key factors explain how these sectors overlap.
- Solar cells are semiconductor devices. Made from specially treated silicon, solar cells convert sunlight into electricity. Companies that manufacture these cells are semiconductor manufacturers, even if they are usually classified as solar companies.
- Power semiconductors support renewable energy systems. Components such as metal-oxide-semiconductor field-effect transistors (MOSFETs), insulated-gate bipolar transistors (IGBTs) and silicon carbide (SiC) devices control and convert electrical power in solar inverters, EV chargers and battery energy storage systems. They help improve power conversion, switching efficiency and overall electrical system performance.
- Semiconductor plants can use renewable electricity. Chip fabrication plants operate around the clock and require a reliable power supply. Renewable energy can therefore be an important consideration in their electricity sourcing plans.
Also Read: Solar Panel Manufacturing Process: A Step-by-Step Guide
Renewable Energy Semiconductor Manufacturing Companies in India at a Glance
India’s renewable energy and semiconductor sectors connect through solar cell production, power electronics and chip manufacturing.
The table below lists renewable energy semiconductor manufacturing companies with manufacturing facilities or approved projects in India, their main products, locations and reported capacities. The companies are grouped by segment, not ranked.
| Company | Segment | Main product | Location | Capacity |
|---|---|---|---|---|
| Avaada Electro | Solar cell | N-type TOPCon G12 cells | Nagpur, Maharashtra | 7.1 GW |
| Waaree Energies | Solar cell | TOPCon cells | Gujarat | 4,021 MW |
| TP Solar | Solar cell | PERC and TOPCon cells | Tirunelveli, Tamil Nadu | About 4.5 GW PERC plus 53 MW TOPCon |
| Jupiter International | Solar cell | Bifacial N-type TOPCon cells | Baddi, Himachal Pradesh | 3,067 MW |
| Emmvee Energy | Solar cell | TOPCon cells | Karnataka | 2,153 MW |
| Reliance Industries | Solar cell | Heterojunction (HJT) cells | Jamnagar, Gujarat | 1,238 MW |
| Fujiyama Power Systems | Solar cell | Bifacial mono PERC cells | Dadri, Uttar Pradesh | 1,077 MW |
| SiCSem | Compound semiconductor | Silicon carbide devices, fab and packaging | Bhubaneswar, Odisha | 60,000 wafers and 96 million packaged units a year |
| Continental Device India | Power semiconductor | MOSFETs, IGBTs, Schottky diodes in silicon and SiC | Mohali, Punjab | About 158.38 million units a year |
| Tata Electronics | Chip fab and packaging | Analog and logic ICs; OSAT | Dholera, Gujarat; Jagiroad, Assam | 50,000 wafers a month; up to 48 million units a day |
| Micron Technology | Packaging | DRAM and NAND assembly and test | Sanand, Gujarat | Phased ramp-up |
| CG Semi | Packaging | OSAT and advanced packaging | Sanand, Gujarat | Up to about 15 million units a day |
| Kaynes Semicon | Packaging | Intelligent power modules | Sanand, Gujarat | About 6.3 million units a day |
Top Renewable Energy Semiconductor Manufacturing Companies in India
India’s semiconductor industry spans solar cell production, power electronics and chip fabrication. The following renewable energy semiconductor manufacturing companies manufacture products that support solar power generation, renewable energy systems, EV charging and related applications.
Solar Cell Makers
Solar cells use semiconductor materials to convert sunlight into electricity. These manufacturers produce different cell technologies, including TOPCon, PERC and HJT, with capacities listed under the MNRE’s Approved List of Models and Manufacturers (ALMM).
The total enlisted solar cell capacity under ALMM List-II reached 36,864 MW in September 2026, after adding 1,397 MW of TOPCon capacity.
Avaada Electro
- Headquarters: Mumbai, Maharashtra
- Segment: Solar cell manufacturing
- Product and location: N-type TOPCon G12 cells in half-cut and full-cell configurations, manufactured at Butibori Industrial Area, Nagpur, Maharashtra.
- Capacity: 610 MW at first listing in July 2026, increasing to 3,621 MW after adding another 3,011 MW of TOPCon G12R capacity in August 2026.
- Cell efficiency: 25.63% average for the half-cut model and 25.57% for the full-cell model.
Waaree Energies
- Headquarters: Mumbai
- Segment: Solar cell and module manufacturing
- Product and location: TOPCon cells manufactured in Gujarat.
- Capacity: 4,021 MW of enlisted TOPCon cell capacity following the August 2026 update.
TP Solar
- Headquarters: Mumbai
- Segment: Solar cell and module manufacturing; part of Tata Power Renewable Energy.
- Product and location: PERC and TOPCon cells manufactured in Tirunelveli, Tamil Nadu.
- Capacity: About 4.5 GW of PERC capacity at an average efficiency of 23.25%, plus 53 MW of TOPCon capacity.
Jupiter International
- Headquarters: Kolkata
- Segment: Solar cell and module manufacturing
- Product and location: Bifacial N-type TOPCon cells, including production at Unit IV in Baddi, Himachal Pradesh.
- Capacity: 3,067 MW total, after adding 1,297 MW in September 2026.
Emmvee Energy
- Headquarters: Bengaluru
- Segment: Solar cell and module manufacturing
- Product and location: TOPCon cells manufactured in Karnataka.
- Capacity: 2,153 MW after an additional 600 MW was added in August 2026.
Reliance Industries
- Headquarters: Mumbai
- Segment: Solar cell manufacturing under its new energy business
- Product and location: Heterojunction (HJT) cells manufactured in Jamnagar, Gujarat.
- Capacity: 1,238 MW, added to ALMM List-II in April 2026.
Fujiyama Power Systems
- Headquarters: New Delhi
- Segment: Solar cell, module and inverter manufacturing
- Product and location: Bifacial mono PERC cells manufactured in Dadri, Uttar Pradesh.
- Capacity: 1,077 MW after an additional 640 MW was listed in July 2026.
Power and Compound Semiconductor Makers
Power semiconductors control and convert electricity in equipment such as solar inverters, EV chargers and battery systems. Compound semiconductors, including silicon carbide (SiC), are used in power electronics that require efficient switching and handling of electrical loads.
SiCSem Private Limited
- Headquarters: Bhubaneswar, with technology from Clas-SiC Wafer Fab, UK.
- Segment: Compound semiconductor fabrication and packaging.
- Product and location: Silicon carbide devices manufactured at Info Valley, Bhubaneswar, Odisha.
- Capacity: 60,000 wafers and 96 million packaged units annually.
- Applications: Solar inverters, EVs, fast chargers and data center racks.
- Status: Approved by the Union Cabinet on 12 August 2025. Construction began in November 2025.
Continental Device India (CDIL)
- Headquarters: Mohali, Punjab
- Segment: Discrete power semiconductor manufacturing
- Products and locations: High-power MOSFETs, IGBTs, Schottky bypass diodes and transistors made with silicon and silicon carbide.
- Capacity: About 158.38 million additional units annually through a brownfield expansion of its existing plant.
- Applications: Renewable energy systems, power conversion and EV charging infrastructure.
- Status: Approved on 12 August 2025.
Chip Fabs and Packaging Units
Chip fabrication and packaging facilities manufacture or assemble semiconductors used across industries. Their relevance to renewable energy includes power management chips, intelligent power modules and other components used in electrical and energy systems.
Tata Electronics
- Headquarters: Mumbai
- Segment: Wafer fabrication and semiconductor packaging
- Product and location: A semiconductor fab in Dholera, Gujarat, developed with PSMC of Taiwan and a separate assembly and test facility in Jagiroad, Assam.
- Products: Analog and logic integrated circuits, including power management ICs, microcontrollers and display drivers, using 300 mm wafers at process nodes ranging from 28 nm to 110 nm.
- Capacity: 50,000 wafers a month at Dholera and design capacity of up to 48 million units a day at Jagiroad.
- Status: Pilot operations have begun at the Assam facility.
CG Semi
- Headquarters: Mumbai; a CG Power venture with Renesas and Stars Microelectronics.
- Segment: Outsourced semiconductor assembly and testing (OSAT) and advanced packaging.
- Product and location: Semiconductor assembly and testing at Sanand, Gujarat.
- Investment: About ₹7,600 crore.
- Capacity: Up to approximately 15 million units a day at full build.
- Status: Approved in February 2024, with a pilot launch in August 2025 and commercial production expected during 2026.
Kaynes Semicon
- Headquarters: Mysuru
- Segment: Outsourced semiconductor assembly and testing, including assembly, testing, marking and packaging.
- Product and location: Intelligent power modules for automotive and industrial applications, manufactured in Sanand, Gujarat.
- Investment: About ₹3,300 crore.
- Capacity: Approximately 6.3 million units a day.
- Status: Approved in September 2024 and inaugurated on 31 March 2026.
Key Semiconductor Manufacturing Hubs in India
India’s semiconductor manufacturing projects are spread across several states, with top renewable energy companies, each focused on specific technologies and production activities. The number of approved projects has also grown over time. In August 2025, the government reported 10 approved projects across six states, with a total investment of about ₹1.60 lakh crore. By June 2026, the count had risen to 12 projects, with an investment pipeline of around ₹1.64 lakh crore. These included one chip fabrication unit, two compound semiconductor fabs and nine packaging units.
The main manufacturing hubs are:
- Gujarat: Dholera is home to a wafer fabrication project, while Sanand has three semiconductor packaging plants, two of which were in production by March 2026. The state also has Reliance’s HJT solar cell capacity in Jamnagar and Waaree’s solar cell manufacturing facilities.
- Odisha: Info Valley in Bhubaneswar is emerging as a center for compound semiconductors, with SiCSem’s silicon carbide plant and a glass substrate packaging unit.
- Assam: Tata Electronics is setting up its semiconductor assembly and testing facility at Jagiroad. Pilot production began in 2026.
- Uttar Pradesh: The HCL-Foxconn project near Jewar Airport will manufacture display driver chips. Approved in May 2025, the ₹3,700 crore project is designed to process 20,000 wafers and produce 36 million units a month. Dadri also has Fujiyama’s solar cell manufacturing capacity.
- Punjab and Andhra Pradesh: Punjab has CDIL’s power semiconductor expansion in Mohali, while Andhra Pradesh is home to the ASIP semiconductor packaging project.
- Maharashtra and Tamil Nadu: These states also support solar cell manufacturing, with facilities in Nagpur and Tirunelveli, respectively.
Conclusion
India is expanding its solar cell production, power semiconductor manufacturing and chip fabrication capacity. These facilities need a reliable power supply, creating opportunities for renewable energy to support industrial growth. When comparing the top renewable energy companies, manufacturers can consider their ability to provide dependable clean power for their operations.
Connect with Avaada Group, one of the best renewable energy companies, to discuss reliable renewable energy solutions for your manufacturing facility.
FAQs
Is a solar cell a semiconductor?
Yes, a solar cell is a semiconductor device, usually made from doped silicon. It converts sunlight into electricity when light interacts with the cell’s semiconductor layers. The same basic semiconductor principles are used in computer chips.
Which Indian companies make solar cells?
Indian solar cell manufacturers include Avaada Electro, Waaree Energies, TP Solar, Jupiter International, Emmvee Energy, Reliance Industries, Fujiyama Power Systems and RenewSys India. Their combined capacity listed under MNRE’s ALMM List-II reached 36,864 MW in September 2026.
What is ALMM List-II for solar cells?
ALMM List-II is the Ministry of New and Renewable Energy’s approved list of solar cell models and manufacturers. It was first issued on 31 July 2025 and is updated as manufacturers and production capacity are added. Certain government-linked projects must source solar cells from this list.
Why is silicon carbide used in solar inverters and EV chargers?
Silicon carbide (SiC) can handle higher voltages and temperatures and switch faster than conventional silicon in power electronics. This can reduce energy losses and help make solar inverters and EV chargers more efficient and compact. India’s first commercial SiC semiconductor fab was approved in August 2025.
Does India manufacture power semiconductors?
Yes, India manufactures power semiconductor devices. Continental Device India (CDIL) makes discrete devices at Mohali and is expanding production of MOSFETs, IGBTs and silicon carbide devices by about 158.38 million units a year. SiCSem is also developing a silicon carbide manufacturing facility in Odisha.
Which Indian states have semiconductor manufacturing plants?
Major semiconductor projects are located in Gujarat, Odisha, Assam, Uttar Pradesh, Punjab and Andhra Pradesh. Solar cell manufacturing also takes place in states such as Maharashtra, Tamil Nadu, Karnataka and Himachal Pradesh.
Do semiconductor plants use renewable energy?
Semiconductor plants can use renewable electricity through captive power generation, open access or power purchase agreements. However, publicly available information does not provide a confirmed renewable energy share for each project approved under the India Semiconductor Mission.
What is the India Semiconductor Mission?
The India Semiconductor Mission is a government initiative that supports semiconductor fabrication, compound semiconductor manufacturing and chip packaging projects through financial assistance and other measures. By June 2026, the government had approved 12 projects, with a total investment pipeline of about ₹1.64 lakh crore.
