Our Growth Story
Goldi Solar is India’s most quality-conscious solar brand. The company manufactures high-end photovoltaic modules at a competitive price, provides EPC services, and is an independent power producer (IPP). Founded in 2011, headquartered in Surat, Gujarat, catering to several international brands in 20+ countries. Today, as we continue to explore global export opportunities and strengthen our production, technological and marketing capabilities, we intend further to consolidate our leadership position in the global solar industry. Right from its inception, Goldi’s growth has never stopped. We have grown exponentially from 10 MW to 500 MW manufacturing capacity in just ten years. Subsequently, we aimed to add another 2000 MW, leading to a capacity of 2.5 GW by the end of FY22-23, and we have successfully done that by setting up a 2 GW module manufacturing plant at Navsari. We plan to foray into solar cell manufacturing by FY23-24 and expand our module manufacturing capacity to 6 GW and cell manufacturing to 5 GW by 2025. The company is listed under ALMM (Approved List of Models and Manufacturers) and has BIS (Bureau of Indian Standards) certification.
A leading OEM supplier catering to several international brands in 20+ countries like USA, UAE, Turkey, Myanmar, Italy, Greece, Germany, France, Denmark and Croatia we deliver high-end quality at a competitive price. Today, as we continue to explore global export opportunities, strengthen our production, technological and marketing capabilities, we intend to further consolidate our leadership position in the Indian solar industry.
3 GW Module + 3 GW Cell Manufacturing.
Vision 2025 6 GW Module + 5 GW Cell Manufacturing.
Setting Up 2GW Cell Manufacturing
Auxiliary Raw Material Manufacturing.
Launch of Navsari Factory with 2 GW Module manufacturing.
1 GW module Manufacturing.
Goldi Solar to increase its manufacturing capacity to 2.5 GW with a new facility in Navsari on the outskirts of Surat, Gujarat
Development of Goldi Solar Park at Amod, Bharuch, Gujarat with 8 MW installation
Brand transformation from Goldi Green to Goldi Solar
Added 2000+ customers to its EPC portfolio
Business diversification to include integrated and comprehensive EPC solutions
Increase in production capacity by 10-fold to 100 MW
Foundation of Goldi Solar with 10 MW production at the facility in Pipodara, Gujarat
Meet the Founders
Two passionate gems founded Goldi Solar. With varied and rich experience in different fields and industries, they bring additional skillsets which give the company an edge over its peers. Under their direction, the organization has proved to be one of the fastest-growing in the solar industry.
Ishver Dholakiya - Founder & Managing Director
A successful serial entrepreneur, Ishver was always passionate about the environment and was looking to make a lasting, positive impact on future generations. He realized that solar could do just that and help pave the way for a cleaner, accessible, economical and a more sustainable energy future. His research and focus led him to establish Goldi Solar in 2011.
He brought to solar precision, quality and perseverance from his 14 years of exposure in the diamond industry. In a short duration, he helped scale the company to new heights. He is now ranked amongst “India’s 100 Most Powerful Business Leaders” by Solar Quarter.
An avid flying enthusiast, Ishver obtained his Private Pilot License in just 18 days. In pursuit of his passion, he also launched a regional airline – Ventura Airconnect. The company was awarded "The Most Innovative and Unique Project of the Year in Tourism", received by the President of India. He continues to serve as the Executive Director at the organization.
Ishver follows his mentor Shri Govindbhai Dholakiya, and is also involved in several sustainability efforts and undertakes social work in the areas of healthcare, education and natural disasters.
Bharat Bhut - Co-Founder & Director
At Goldi, Bharat provides the strategic direction for growth and is responsible for all operations. He spearheads all the expansion and technology tie-ups efforts. Being an extremely quality conscious individual, his leadership has helped ingrain a culture of quality in the organization. With profound insight, vision, team building capability and the ability to foster healthy relationships with clients, he has helped increase revenue, margin and customer satisfaction. He has also been instrumental in taking the company’s growth rate to 80% CAGR.
Prior to Goldi Solar, he worked with SRK Exports – a USD 1.2 billion diamond manufacturing conglomerate and gained national and international experience in the diamond business.
He holds an Honors Degree in Business Administration from the University of Greenwich, London.
The management team at Goldi consists of innovators and problem-solvers with a zeal to make the world better place. They also develop and bring out the best in our employees and believe in the work philosophy of taking people with them.
Head - Operations
Responsible for planning and coordinating administrative procedures and systems and devising ways to streamline processes. Recruiting and training personnel and allocate responsibilities and office space. Assessing staff performance and provide coaching and guidance to ensure maximum efficiency
Head – Marketing & Communications
Responsible for marketing, branding and corporate communications. He is involved in deﬁning, developing and implementing a comprehensive and integrated communications and lead generation program for Goldi.
Having worked extensively with large conglomerates, both Indian and International, Rajat has gained an in-depth understanding of a gamut of businesses over the last 13 years.
Need to transition towards a sustainable energy future
About 80% of India's electricity needs is met by fossil fuels. India is also heavily dependent on energy from other countries to fuel its growth, adding to global warming. By 2030, India's dependence on energy imports is expected to exceed 53% of the country's total energy consumption. Hence, we must take into consideration the odds of losing power when we need it most.
Given this defining moment, solar power is emerging as a mainstay power supply technology and is expected to increase contribution significantly to the energy mix. 1 kW solar power saves 77 kg coal from being burned and 136 kg of CO₂ being released into the atmosphere. Solar clearly makes the most compelling case for both the environment and the economy.
Transforming Tomorrow’s Energy
Providing clean energy solutions to the world and conserving the planet
When The Nature & World Wanted Help We Came To The RESCQ
On completing 75 years of independence the #HarGharTiranga campaign was a national movement and it was indeed fueled by the spirits of patriotic Indians. We felt proud to be a part of this revolutionary movement. It was exhilarating to be at the forefront, distributing flags.
Bag distribution to Dudhala Primary School, Lathi
Goldi Solar has been an advocate of girl child education to address the problem of gender-inequality and empowering women for self-reliance by providing sewing machines and other skill development activities. We have managed to put smiles on children’s faces with simple activities such as bag distribution.
Plantation drive in Gujarat
At Goldi Solar, we believe in giving back to the world whenever we get a chance. On Nature Conservation Day 2021, we kickstarted a Tree Plantation Drive to plant 25,000 trees across Gujarat
Goldi Solar partners with SRK Knowledge Foundation to solarize the entire village of Dudhala, Gujarat
Goldi Solar in partnership with Shree Ramkrishna Knowledge Foundation (SRKKF) has laid the foundation stone for the solarization of the village of Dudhala in Southern Gujarat. 450 KW solar rooftop projects will be used to power around 350 houses and public areas such as anganwadis and gram panchayat. Once complete, this would be the first village to be completely powered with solar panels by a foundation. Instead of providing financial aid, this move will empower close to 2000 lives to earn money from the solar rooftop systems.
Food Distribution For Students Of Bahera Munga School in Amreli
Goldi Solar undertook food distribution for students of Bahera Munga School in Amreli, which helps those students with hearing and speech impairment. Government approved syllabus is used to teach the students here, and hearing aids are provided to them as well. They are also empowered with Sign Language.
Organising Mid-day Meals For Students Of Blind School in Amreli
As part of its CSR outreach, Goldi Solar organized meals for the students of Blind School, Amreli. The school takes up the task of helping students learn Braille and Taylor frame. Considering the overwhelming response, Goldi is considering making this a regular, annual activity.
Brightening the nights in the aftermath of the Uttarakhand disaster
Heavy rains in June 2013 caused landslides and floods in Uttarakhand, causing destruction and heavy loss to life and property. Specifically, the loss of infrastructure, including water and electrical power supply in the villages and rescue camps made life extremely difficult for the survivors, rendering the areas without light. Goldi Solar went an extra mile and offered solar lanterns in places with no power at all. Nearly 500 lanterns were distributed to the affected to help them continue their routine life post-sunset.
Skill development center at Pipodara to create employment opportunities
A large majority of employees at Goldi Solar are from the tribal areas of Surat. To empower the tribal youth, Goldi Solar provides in-depth training, equipment, curriculum, and mentored co-teaching. This helps them earn and live a respectable life, along with creating employment opportunities. Over 300 tribals have been absorbed by the solar industry so far.
Adoption of schools in Lathi Taluka, Amreli district in Gujarat, India
With the aim of improving the quality of education through the adoption of schools, Goldi Solar has adopted a few schools in Lathi Taluka, Amreli district. Till date, we have supported many children from primary education to high schooling. Apart from improving the premises and infrastructure, as a part of this initiative, we have also helped integrate technology into classroom teaching, improved pedagogy and educational techniques.
Construction of healthcare facility for improved and timely healthcare
Matru Shree Santokbaa Medical Centre, Lathi, Gujarat was established to provide free healthcare to the residents of the village. Specialists visit once every fortnight. While approximately 300 patients from nearby villages visit this center, the facility also provides treatment and medicines with the help of a mobile dispensary. Till now, we have touched over 1000 lives in the region.
Fodder distribution and water harvesting project
Scanty rainfall and rising temperatures caused severe drought in the summer of 2019 in several areas of Gujarat. Dudhala village, Amreli district was also one of the drought-hit villages. Goldi Solar distributed fodder and set up a water harvesting project to help the people.
Food donation and essentials to the underprivileged during COVID-19
Goldi Solar was one of the many corporates that showed great enterprise and tried to ease the distress of marginalized individuals during the lockdown earlier in 2020. We reached out to over 1000 households and distributed tons of ration, and other essentials including medicines and personal care material to help them survive the pandemic.
Awards & Recognitions
Goldi Solar is thankful to EQ magazine and would aim to continue with the good work. Our green revolution will never stop.
Goldi Solar won the title "Tier 1 Solar PV Manufacturer" by BNEF (Bloomberg New Energy Finance List) 2020. We are only one of the four Indian and 15 international companies to qualify.
Goldi Solar was recognized as the "EPC Company of The Year 2019" in the commercial category Suryacon Mumbai Conference held by EQ International Magazine
Awarded "Most Promising Module Manufacturer of the Year 2019" at Suryacon Mumbai Conference held by EQ International Magazine
Ranked among "The Best 100 SME companies of India for quality and fastest growth"
Conferred with the "Best Company Award" in the category of Growth in Production & Profitability by the Government of Gujarat.
Recognized and certified as "Star Export House" of India by the Ministry of Commerce & Industry, Government of India.