Ahmedabad-based Sahaj Solar Ltd plans to establish a 750 MW solar panel manufacturing facility in the UAE, marking a strategic move to access larger markets and reduce costs amid changing global dynamics.
Ahmedabad-based Sahaj Solar Ltd has recently taken steps to establish a manufacturing presence overseas. Specifically, they’ve approved the setting up of a subsidiary in the United Arab Emirates to pursue a proposed 750 MW solar panel production facility, in partnership with a strategic collaborator. This decision marks a shift from their earlier plan of constructing the first phase within India and hints at a broader effort to tap into perceived advantages offered by international markets, such as cost benefits and access to larger markets.
According to Mercom India, the new entity will be created through Sahaj Renewable Energy Trading – FZCO, which is a wholly owned subsidiary of Sahaj Solar. This subsidiary is expected to acquire a 51 percent stake in the UAE company, with an initial paid-in capital of AED 51,000, this amount corresponds to 51 shares at AED 1,000 each. The tentative trade name of this venture is Sahaj Energy Solar Panels Manufacturing L.L.C., though it’s subject to approval from UAE authorities.
The company filings and secondary industry reports suggest this move aligns with Sahaj Solar’s broader plans for expansion. Currently, the company operates solar module production capacities in Gujarat and has outlined aggressive growth trajectories. Industry summaries indicate that their Bavla facility produced around 100 MW annually as of 2024. Looking ahead, Sahaj aims to scale up manufacturing to between 850 MW and 1,600 MW over the next two financial years, these figures vary a bit depending on the source. The target is set at 850 MW by March 2026 and around 1.5 to 1.6 GW by FY2026–27. Sahaj describes these capacity goals as necessary to meet rising domestic demand and increasing export opportunities.
The decision to shift focus toward the UAE is influenced by several commercial considerations outlined in their board papers and industry analyses. The Sahaj board members mentioned that they re-evaluated their original domestic expansion plan, especially considering current market dynamics and global pricing trends for solar modules. Both TaiyangNews and Energetica India report that the UAE may offer some strategic economic advantages, giving the firm easier access to international markets thanks to established logistics and trade networks. Industry experts point out that the UAE acts as a regional export and re-export hub, and that certain free zones offer competitive utilities and land lease agreements. These conditions can help reduce the time it takes to bring products to market and lower costs for module manufacturers targeting regions such as the Middle East, Africa, and Europe.
Of course, the incorporation of this UAE entity still depends on approvals from regulators both in the UAE and India. Energetica India emphasizes that the process of registration and subsequent operation will need to comply with relevant laws in both jurisdictions. Sahaj’s public disclosures frame this UAE venture mainly as a means of manufacturing and distributing products internationally, not as a move away from their original Indian ambitions.
At the same time, Sahaj is pursuing growth through project execution and penetrating new markets overseas. Industry summaries state that as of September 2025, the company had an order backlog of roughly ₹3.2 billion and has completed over 50,000 solar pump installations. Plus, they’ve expanded into several African countries, including Uganda, Zambia, and Kenya. Reports highlight that Sahaj secured a package of 10 EPC (Engineering, Procurement, and Construction) contracts in Zambia, valued at about ₹550 million, with work expected to continue through 2026. Additionally, the company has taken steps to bolster their product’s marketability, such as co-listing TOPCon modules on India’s Approved List of Models and Manufacturers (ALMM), which helps them promote modules produced at certified facilities under the Sahaj brand.
A board meeting on 7 March 2026 also resulted in several governance changes alongside the international investment decision. Sahaj appointed Yagnavalkya Munindrabhai Joshi as their new Company Secretary and Compliance Officer, effective immediately. Joshi, an Associate Member of the Institute of Company Secretaries of India, brings over ten years of experience in corporate secretarial work and regulatory compliance, according to disclosures reported by SolarQuarter and Energetica India. The board also brought in Richi Prerak & Associates as secretarial auditor for FY2025–26, reformed its audit committee with independent director Niren Gautambhai Dalal as chair, and noted that the previous compliance officer had resigned earlier.
From a market perspective, this move can be interpreted differently by investors and policymakers alike. Industry reports reveal that India’s exports of solar cells and modules have been quite volatile. For instance, one source indicates that in Q4 2025, India exported roughly $100.21 million worth of these components, a decline of over 50% compared to the same quarter in 2024. The UAE only accounted for about 1.8% of those exports. So, for an Indian company, establishing production in the UAE might serve dual purposes: cost advantages and better proximity to key transit routes and buyers in West Asia and Africa.
However, many operational details remain unresolved at this point. Neither the minutes from the board meetings nor industry reports provide a clear timeline for acquiring land, constructing the factory, sourcing equipment, or even identifying the strategic partner involved. They also don’t specify projected capital expenditures beyond the initial equity investment for company registration. Final investment levels, choices on production technology, and supply chain arrangements are expected to be decided as approvals and negotiations move forward.
For stakeholders in the UAE and those tracking green tech investments, Sahaj’s proposal underscores the sustained interest of Indian manufacturers in establishing regional manufacturing hubs. If everything proceeds smoothly, a 750 MW facility could significantly boost regional capacity and support the UAE’s ambitions to become a logistics and manufacturing hub for low-carbon technologies. Ultimately, much will depend on how quickly Sahaj gains regulatory approvals, confirms its local partner, and converts the incorporation into a real, operational factory that meets global standards for quality and cost-efficiency.
- https://www.mercomindia.com/sahaj-solar-approves-uae-subsidiary-for-750-mw-solar-panel-facility – Please view link – unable to able to access data
- https://www.mercomindia.com/sahaj-solar-approves-uae-subsidiary-for-750-mw-solar-panel-facility – Sahaj Solar, based in Ahmedabad, has approved the formation of a subsidiary in the UAE to establish a 750 MW solar panel manufacturing facility with a strategic partner. Initially, the company considered setting up the facility in India but decided to proceed in the UAE after evaluating market conditions and potential cost advantages. The new entity, tentatively named Sahaj Energy Solar Panels Manufacturing, will be incorporated through Sahaj Renewable Energy Trading – FZCO, a wholly owned subsidiary of Sahaj Solar. Sahaj Renewable Energy Trading – FZCO will hold a 51% stake in the new entity, with an initial investment of AED51,000 (~$13,888). This move aims to leverage global markets and international pricing structures in the solar panel manufacturing sector. As of September 2025, Sahaj Solar reported an order book of ₹3.2 billion (~$34.74 million) and has executed over 50,000 solar pumps across various projects. The company operates with an annual module manufacturing capacity of 100 MW, expected to increase to 850 MW by March 2026, with plans to reach 1,500 MW by FY 2026–27. Sahaj Solar is also expanding into emerging solar markets in Africa, with a presence in Uganda, Zambia, and Kenya, and has secured 10 EPC projects worth ₹550 million (~$5.97 million) in Zambia, with project execution expected by 2026. In the fourth quarter of 2025, India exported solar cells and modules worth over $100.21 million (₹8.9 billion), a 52.8% year-over-year decrease from $212.2 million (₹17.9 billion), with the UAE accounting for 1.8% of total exports.
- https://now.solar/2026/03/10/sahaj-solar-approves-uae-subsidiary-for-750-mw-solar-panel-facility-mercomindia-com/ – Sahaj Solar, an Ahmedabad-based company, has approved the incorporation of a subsidiary in the UAE to establish a 750 MW solar panel manufacturing facility with a strategic partner. Initially, the company considered setting up the facility in India but decided to proceed in the UAE after assessing market conditions and potential cost advantages. The new entity, tentatively named Sahaj Energy Solar Panels Manufacturing, will be incorporated through Sahaj Renewable Energy Trading – FZCO, a wholly owned subsidiary of Sahaj Solar. Sahaj Renewable Energy Trading – FZCO will hold a 51% stake in the new entity, with an initial investment of AED51,000 (~$13,888). This strategic move aims to leverage global markets and international pricing structures in the solar panel manufacturing sector. As of September 2025, Sahaj Solar reported an order book of ₹3.2 billion (~$34.74 million) and has executed over 50,000 solar pumps across various projects. The company operates with an annual module manufacturing capacity of 100 MW, expected to increase to 850 MW by March 2026, with plans to reach 1,500 MW by FY 2026–27. Sahaj Solar is also expanding into emerging solar markets in Africa, with a presence in Uganda, Zambia, and Kenya, and has secured 10 EPC projects worth ₹550 million (~$5.97 million) in Zambia, with project execution expected by 2026. In the fourth quarter of 2025, India exported solar cells and modules worth over $100.21 million (₹8.9 billion), a 52.8% year-over-year decrease from $212.2 million (₹17.9 billion), with the UAE accounting for 1.8% of total exports.
- https://taiyangnews.info/business/sahaj-solar-plans-750-mw-solar-module-manufacturing-plant-in-uae – Sahaj Solar, an Indian EPC and module supplier, plans to establish a 750 MW solar module manufacturing facility in the UAE through a step-down subsidiary. The wholly-owned subsidiary, Sahaj Renewable Energy Trading—FZCO, will hold a 51% stake in the new entity. Initially, the company considered launching the facility in India but shifted the plan to the UAE, citing current market conditions and global pricing advantages. As of FY2024, Sahaj Solar operated a 100 MW solar module production capacity at its Bavla plant in Gujarat, aiming to scale up to 1.6 GW by FY2027, with 750 MW expected to be completed by March 2026. The company has also included its TOPCon modules in the Approved List of Models and Manufacturers (ALMM) through a Co-ALMM arrangement with Cosmic PV Power Private Limited, allowing them to market modules produced at approved manufacturing facilities under their own name.
- https://www.energetica-india.net/news/sahaj-solar-plans-750-mw-solar-panel-plant-in-uae-with-strategic-partner – Sahaj Solar Ltd. has approved a proposal to establish a 750 MW solar panel manufacturing facility in the United Arab Emirates through a step-down subsidiary in partnership with a strategic partner. The decision was taken during the company’s Board meeting held recently. Initially, the Phase-I manufacturing plant with a capacity of 750 MW was planned to be set up in India. However, after evaluating market conditions and global pricing advantages, the company decided to pursue the project from the UAE to leverage economic and strategic benefits available in international markets. To facilitate the project, the board approved the incorporation of a step-down subsidiary in the UAE. The proposed entity, tentatively named Sahaj Energy Solar Panels Manufacturing L.L.C. (or any other name approved by authorities), will be incorporated through the company’s wholly owned subsidiary Sahaj Renewable Energy Trading – FZCO. The subsidiary is expected to operate in the energy sector and focus on solar panel manufacturing activities. Under the proposal, Sahaj Renewable Energy Trading – FZCO will hold 51 percent shareholding in the new entity. The investment will be made through cash consideration, with a proposed subscription of AED 51,000, representing 51 shares of AED 1,000 each. The incorporation and operations will be subject to necessary regulatory approvals under both UAE and Indian laws. Apart from the international expansion plan, the board also approved several corporate governance decisions. The company appointed Yagnavalkya Munindrabhai Joshi as Company Secretary and Compliance Officer with effect from March 7, 2026. Joshi is an Associate Member of the Institute of Company Secretaries of India with over ten years of experience in corporate law, SEBI regulations, and compliance management. The board also appointed Richi Prerak & Associates, a peer-reviewed firm of practicing company secretaries, as the Secretarial Auditor for the financial year 2025-26. Additionally, the company reconstituted its Audit Committee. The revised committee will be chaired by Niren Gautambhai Dalal, an independent director, with Dilip Balshanker Joshi, Amita Jatin Parikh, and Managing Director Pramit Bharatkumar Brahmbhatt serving as members. The board also took note of the resignation of Poonam Pravinbhai Panchal from the position of Company Secretary and Compliance Officer, which had been earlier communicated to the stock exchange on February 26, 2026.
- https://solarquarter.com/2026/03/10/sahaj-solar-board-approves-uae-subsidiary-to-develop-750-mw-solar-manufacturing-facility/ – Sahaj Solar Limited has announced several key corporate decisions following a meeting of its Board of Directors held on March 7, 2026, including leadership appointments and plans to establish an international manufacturing presence through a subsidiary in the United Arab Emirates. The company informed the National Stock Exchange of India that the board approved the appointment of Yagnavalkya Munindrabhai Joshi as the new Company Secretary and Compliance Officer, effective immediately. Joshi brings more than a decade of experience in corporate secretarial practices and regulatory compliance. He is an Associate Member of the Institute of Company Secretaries of India and holds a Master of Commerce degree along with membership in the Chartered Institute for Securities & Investment in London. The board also approved the appointment of Richi Prerak & Associates, a firm of practicing company secretaries, as the Secretarial Auditor for the financial year 2025–26. The firm specializes in corporate law advisory, secretarial audits, compliance with SEBI regulations, and other governance-related services. In a governance update, the board approved the reconstitution of its Audit Committee following the induction of Niren Gautambhai Dalal, a Non-Executive Independent Director, who will serve as the committee’s chairman. The revised committee includes Dilip Balshanker Joshi, Amita Jatin Parikh, and Managing Director Pramit Bharatkumar Bramhbhatt as members. The board also formally took note of the resignation of Poonam Pravinbhai Panchal from the position of Company Secretary and Compliance Officer, as previously communicated by the company on February 26, 2026. UAE Manufacturing Expansion In a strategic development aimed at strengthening its global manufacturing footprint, Sahaj Solar’s board approved a proposal to establish a step-down subsidiary in the United Arab Emirates to support the development of a 750 MW solar panel manufacturing facility. The project was initially proposed to be developed in India. However, after evaluating prevailing market conditions and global cost advantages, the company decided to explore setting up the facility through a strategic partnership in the UAE. The proposed subsidiary, tentatively named Sahaj Energy Solar Panels Manufacturing L.L.C., will operate under Sahaj Renewable Energy Trading – FZCO, the company’s wholly owned subsidiary. Under the proposed structure, Sahaj Renewable Energy Trading – FZCO will hold 51% equity in the new entity, with an initial investment of AED 51,000, representing 51 shares valued at AED 1,000 each. The incorporation and project development will be subject to the necessary regulatory approvals under both Indian and UAE laws.
Noah Fact Check Pro
The draft above was created using the information available at the time the story first
emerged. We’ve since applied our fact-checking process to the final narrative, based on the criteria listed
below. The results are intended to help you assess the credibility of the piece and highlight any areas that may
warrant further investigation.
Freshness check
Score:
10
Notes:
The article was published on March 10, 2026, and no earlier versions of this specific content were found. The information appears to be original and up-to-date.
Quotes check
Score:
10
Notes:
No direct quotes are present in the article, so this check is not applicable.
Source reliability
Score:
8
Notes:
The article originates from Mercom India, a reputable source in the renewable energy sector. However, it is a niche publication, which slightly reduces its reliability score.
Plausibility check
Score:
9
Notes:
The claims about Sahaj Solar’s plans to establish a 750 MW solar panel manufacturing facility in the UAE align with industry trends and are plausible. However, the lack of independent verification from other major news outlets slightly lowers the score.
Overall assessment
Verdict (FAIL, OPEN, PASS): PASS
Confidence (LOW, MEDIUM, HIGH): MEDIUM
Summary:
The article provides original and up-to-date information about Sahaj Solar’s plans to establish a 750 MW solar panel manufacturing facility in the UAE. While the source is reputable within its niche, the lack of independent verification from other major news outlets and reliance on a single source slightly reduce the confidence in the information’s accuracy. Therefore, the overall assessment is a PASS with MEDIUM confidence.
