• Alishan Green Energy is recognized as the first company in India to manufacture coated backsheets. Could you elaborate on the development process of this product and its impact on the solar module encapsulation market?

Absolutely. We began our journey in the solar component space with encapsulants, starting with an 800 MW capacity. As we deepened our understanding of the market, we noticed a significant scarcity of high-quality coated backsheets in India, despite their widespread acceptance and demand globally. Coated backsheets are particularly valuable because they help reduce the overall Bill of Materials (BoM) cost in solar modules while enhancing performance and longevity.

Recognizing this gap, we initiated in-house R&D and successfully developed and launched the Alishan coated backsheet, becoming the first company in India to do so. The technology has proven to be a game-changer, especially in the current trend where TOPCon (Tunnel Oxide Passivated Contact) modules are gaining popularity. In glass-to-glass modules, many players face Low throughput issues, and coated backsheets provide a reliable alternative. The market has responded positively to our innovation, and we are proud to have set a benchmark in this segment.

• Your company offers a diverse range of encapsulants and backsheets. Can you provide insights into the key features and benefits of your flagship product, Alishan EPE?

Certainly. Our flagship encapsulant, Alishan EPE (Co-Extruded POE ), has carved a strong position in the market due to its outstanding performance. It offers high durability, excellent moisture resistance, and superior optical properties, all of which contribute to the overall efficiency and lifespan of solar modules.

Our EPE product is trusted across the Indian market by nearly all major solar companies, which is a testament to its quality and reliability. We are also expanding our capacity in this segment to meet the growing demand. Currently, we operate at a capacity of 4.2 GW for encapsulants and 3 GW for backsheets. Plans are already underway to ramp up our encapsulant capacity to 10 GW in a phased manner over the next year. The consistent positive feedback from our partners has been extremely encouraging and motivates us to keep innovating.

• With the mission to be a market leader for key solar components, what strategies is Alishan Green Energy implementing to achieve this goal and enhance its brand reputation?

Our core strategy is built around becoming a one-stop solution provider for the solar industry. At present, we already offer a comprehensive lineup of encapsulants and backsheets. Our vision is to gradually expand into other critical solar components while ensuring we don’t compete with our own customers.

We strongly believe in adding value through technological innovation and operational excellence. Our expansion plans are carefully phased first increasing our encapsulant capacity to 10 GW, and then diversifying into additional components. By doing so, we aim to serve our partners better and build long-term strategic relationships based on trust and quality. Maintaining our leadership in innovation and quality while aligning with customer needs will continue to be our guiding principle.

• Considering the competitive landscape of the solar industry, what are Alishan Green Energy’s plans for expanding its market presence both domestically and internationally?

At Alishan Green Energy, our primary focus remains firmly rooted in the domestic market, where we have already established a robust presence by supplying encapsulants and backsheets to nearly all major solar module manufacturers in India. We recognize the critical role of high-quality, cost-effective components in driving the country’s solar ambitions forward, and we are committed to deepening our contributions.

Our immediate goal is to cater to at least 50% of the domestic demand a target that reflects both our ambition and confidence in our technological capabilities. To achieve this, we are scaling up our production capacity significantly and investing in continuous product innovation and process optimization.

While we acknowledge the potential of international markets and are open to exploring those avenues in the future, our current strategy is centered around consolidating and expanding our leadership within India. By doing so, we aim to solidify Alishan Green Energy’s reputation as the go-to partner for solar module manufacturers across the country.