Renewables & Environment - Mumbai, Maharashtra, India
Borosil Renewables Limited is the first and only solar glass manufacturer in India. The company spotted the opportunity in this segment quite early and commissioned the solar glass manufacturing facility at Bharuch in the Indian State of Gujarat in January 2010. Over the last 5 years, solar PV installations and module production across the world have grown exponentially. In order to cater to the growing demand, Borosil Renewables has recently expanded and more than doubled its existing production capacity of high-performance solar glass to 2.4 GW per annum.The company has a strong focus on innovation and known for its pioneering achievements like the development of the World's First fully tempered 2 mm thick solar glass, solar glass with the lowest iron content giving the highest glass efficiency, the first company in the World to successfully be able to remove the most hazardous substance — "Antimony˜ - from its solar glass, etc. Very recently the company has launched new products like Selene: an Anti-glare solar glass suitable for PV installations near airports, Shakti: a very high-efficiency solar glass in the matt-matt finish. Amongst the upcoming products with enhanced features is the solar glass with Anti-soiling coating.The company has a strong focus on expanding its domestic & export footprints. The export business has grown at a CAGR of 33% in the last 3 financial years. The European market is a major customer base for the company where it has now successfully started supplies of its newly developed products, i.e. 2.0 mm and 2.5 mm fully tempered glass. With additional production now available, it has plans to substantially increase exports by tapping more customers in Europe as also increasing its presence in the Americas.Borosil Renewables Limited is promoted by a well-known Borosil Limited, pioneers in speciality glass products.
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