Solar energy solutions provider Fujiyama Power Systems (UTL Solar) has announced the commissioning of a 1 GW solar cell manufacturing facility in Dadri, Uttar Pradesh.

The facility, which will manufacture Mono PERC Domestic Content Requirement (DCR) solar cells, has been developed with a total investment of ₹3 billion (~$32.7 million).

The Mono PERC DCR solar cells manufactured at the new facility are intended to address the demand driven by government subsidy-linked rooftop solar programs that require domestic content.

The newly commissioned solar cell capacity will be used entirely for captive consumption to support its panel manufacturing operations. By bringing solar cell production in-house, Fujiyama aims to reduce dependence on imported cells, improve supply reliability, and gain tighter control over costs.

Fujiyama said the investment in the facility has been funded through a mix of internal accruals and debt.

Chairman and Managing Director Pawan Kumar Garg said, “As our business is primarily focused on the domestic market with negligible export exposure, this integrated facility also insulates us from global trade uncertainties and tariff-related disruptions.”

Fujiyama Power Systems offers more than 500 stock-keeping units across solar panels, inverters, lithium and tubular batteries, chargers, and power-electronics systems. The company currently operates a total solar module manufacturing capacity of 1.6 GW, of which 1.2 GW is located at Dadri.

The company operates three manufacturing facilities. In the Greater Noida facility in Uttar Pradesh, the company produces solar modules (368 MW), inverters and electronics (1,084 MW), E-rickshaw charger (334 MW), and lithium-ion batteries (545 MWh).

It also operates four manufacturing facilities across Himachal Pradesh, Uttar Pradesh, and Haryana, and is expanding an integrated solar power generating system at Ratlam in Madhya Pradesh.

In November 2025, Fujiyama Power Systems debuted on the BSE and the National Stock Exchange after its initial public offering of ₹8.28 billion (~$93.5 million) was oversubscribed 2.14 times.

The company filed its draft red herring prospectus for its IPO in December 2024.