JAKSON targets 3 GW integrated solar manufacturing capacity by 2028

JAKSON has outlined plans to establish 3 GW of integrated ingot, wafer, and solar cell manufacturing capacity in India by the end of 2028, according to pv magazine India. The company intends to utilize TOPCon 3.0 technology for its 3 GW cell facility.

The manufacturer targets solar cell conversion efficiencies of 25.5% to 25.6% with this new setup.

Technology and Quality Strategy

JAKSON Engineers Limited’s Managing Director, Ivan Saha, indicated that the firm anticipates being an early user of TOPCon 3.0 technology within India. The company’s approach centers on vertical integration to manage manufacturing standards across the entire production chain. Saha highlighted that oversight of wafer and cell quality boosts confidence in the end product. He emphasized that the strategic priority remains on leveraging technology and vertical integration to achieve high-efficiency, fully automated, and high-quality manufacturing.

Market Context and Capacity

Ivan Saha, Managing Director of JAKSON Engineers Limited, places India’s ALMM-compatible TOPCon cell manufacturing capacity at approximately 17 GW. He estimates that listed manufacturers currently operate at an average utilization rate of 60%, which translates to an estimated 10 GW of annual production. Saha indicates that JAKSON’s new cell facility could become operational ahead of its ingot-wafer plant.

Expansion Potential and Constraints

• JAKSON identifies potential for expansion to 10 GW of ingot-wafer capacity and 5 GW of solar cell capacity after 2028.
• No specific timeline has been provided for the potential 10 GW ingot-wafer expansion.
• The company has not indicated whether it will sell cells or convert them into modules.

Background

JAKSON maintains an active solar module production line with a capacity of 1.2 GW, which serves as the foundational downstream infrastructure for its planned upstream growth. The construction of this new capacity is guided by specific regulatory frameworks, notably the PM Surya Ghar subsidy scheme, which requires that modules be assembled in India using domestically produced cells. Further specifics on these mandates, such as the 2028 wafer regulation, are outlined in Luminity’s ALMM guide.

Current market conditions show constrained pricing for essential components. A previous Luminity analysis dated 29 October 2026 recorded FOB China prices of $0.0463/W for TOPCon M10 cells and $0.0454/W for TOPCon 210R cells. Meanwhile, competitors are progressing with comparable technological developments. Shakti Pumps (India) Ltd is constructing a 113-acre greenfield site designed to produce 2.2 GWp of solar cells annually. The firm also debuted a 620 Wp TOPCon module featuring a 16-busbar design at REI Expo 2026, as covered in a 27 October 2026 report. In a similar vein, JinkoSolar released a back-contact TOPCon cell incorporating amorphous silicon passivation in October, per a 19 October 2026 report.

What to watch

Ivan Saha, Managing Director of JAKSON Engineers Limited, stated, "I believe a significant amount of consolidation will happen." This comment highlights the competitive pressure JAKSON anticipates as it scales its ingot, wafer, and cell operations. The decision on whether to sell cells or convert them into modules remains an open question that will define JAKSON’s market position.