Kosol Energie has now zeroed out to set up facilities. | Photo Credit: Kumar SS
To capitalize on the demand for solar modules in the US, Gujarat-based Kosol Energie Pvt Ltd is looking to invest 300 crores to establish a 2 gw solar module manufacturing facility.
“US President Donald Trump hopes that manufacturing will take place in the US, so he has zero locations for the installation of a 2 GW solar module manufacturing facility with an investment of 300 crores. He has been involved in the hospitality business in the US since 1991. Exports to the US market.
Kalthia Group Hotels is a privately managed hotel management company based in San Diego, California, specializing in the development, operation and management of premier hotel brands such as Hilton, Hampton Inn, InterContinental, Marriott and Wyndham brands.
“After the 90-day tariff suspension ended in July, we are waiting for a final decision by the US government. We have identified the land and buildings, but we don’t want to hand out the location yet,” added Karcia. The company has also expanded its Bavla solar manufacturing unit to an additional 3 GW, with an investment of 250 crores. This brings the total manufacturing capacity to 6.1 GW. The company currently imports the solar cells needed for solar modules in China and Indonesia.
Order form for 3,200 crore
Last year, the company’s sales were 800 crores, of which exports accounted for 5-7% of total sales. “We export very niche solar modules now – the majority of them are in the US. We currently have orders of over 3,200 crores, a significant portion of which is due to delivery to the US. However, large orders from the US are currently pending due to concerns related to tariffs.
In April, Kosol Energie acquired a 400 MW PV module supply order via Zetwerk for NTPC’s 1.6 GW Khavda Solar Project in Gujarat. The solar module manufacturer is considering setting up a battery cell and battery pack manufacturing plant looking for land in Madhya Pradesh, Rajasthan and Gujarat.
Released on June 4, 2025
