Avaada Electro has been awarded a Grade A classification in Wood Mackenzie’s H1 2025 Global Solar Module Manufacturer Rankings, placing the company among a select group of solar manufacturers meeting the highest international benchmarks. The rankings assess crystalline silicon solar PV module manufacturers worldwide, with Grade A status reserved for companies demonstrating strong operational capability, financial stability and long-term bankability.
Wood Mackenzie evaluates manufacturers across a wide range of criteria, including capacity utilisation, technology maturity, ESG performance, third-party certifications, financial strength, supply chain resilience, vertical integration, research and development investment, and manufacturing track record. The Grade A classification is widely used by developers, investors, lenders and procurement teams as a key reference point when assessing project risk and supplier reliability across global solar markets.
Commenting on the recognition, Vineet Mittal, Chairman of Avaada Group, said the rating reflects the company’s focus on manufacturing discipline and quality consistency. He noted that Avaada continues to invest in advanced technologies, resilient supply chains and responsible production practices, while supporting India’s clean energy transition and domestic manufacturing goals under the Atmanirbhar Bharat initiative.
Avaada Electro manufactures N-type TOPCon solar modules, designed to deliver higher efficiency, improved durability and stable performance across varied operating conditions. The company currently operates 8.5 GW of solar PV module manufacturing capacity and plans further expansion in response to growing domestic and international demand.
Its manufacturing facilities are built with a focus on automation, scalability and future technology upgrades. The flagship Nagpur plant features high-speed production lines supported by a smart energy management system, achieving a takt time of 16 seconds, underscoring the company’s emphasis on process efficiency and precision.
Avaada Electro’s modules are listed under India’s Approved List of Models and Manufacturers (ALMM) and certified to international standards including BIS, IEC and UL. These certifications support deployment across utility-scale, commercial and industrial, and rooftop solar installations in multiple markets. Through continued investment in manufacturing capability and technology, Avaada Electro aims to strengthen its position as a reliable supplier of high-performance solar PV modules for India and global clean energy projects.
