RenewSys India, an integrated manufacturer of solar components, has signed a supply agreement with ICON Solaren Power Technologies to provide high-performance encapsulants for 300 MW of solar modules. ICON Solaren is a solar module manufacturer and EPC solutions provider.
Under the agreement, RenewSys will supply its latest-generation POE encapsulants to ICON Solaren between January 2026 and April 2026, supporting large-scale production of high-efficiency solar modules. These POE encapsulants are designed for enhanced durability, superior PID resistance, and long-term field performance key attributes required for next-generation solar modules. The materials will be produced at RenewSys’ advanced encapsulant manufacturing facilities, reflecting the company’s continued investments in technology, scale, and quality.
“This POE encapsulants are engineered for enhanced durability, superior PID resistance, and long-term field performance key attributes that support the next wave of high-efficiency solar modules,” RenewSys stated.
The collaboration aligns with India’s renewable energy roadmap, which targets 500 GW of non-fossil fuel capacity by 2030 and emphasizes the importance of strong domestic manufacturing capabilities. The partnership highlights the role of Indian manufacturers in scaling up innovation to meet domestic demand for world-class solar components.
Shakti Dubey, Director at ICON Solaren, said, “At ICON Solaren, quality and performance define every module we build. Partnering with RenewSys, an established leader in encapsulant technology, enables us to integrate reliable, high-quality materials into our production and further strengthen our commitment to delivering excellence.”
Commenting on the partnership, Avinash Hiranandani, Vice Chairman and Managing Director of RenewSys India, said, “Supplying 300 MW of our indigenously developed POE encapsulants to ICON Solaren reflects our commitment to the Atmanirbhar Bharat vision and supports a fully self-reliant solar value chain aligned with DCR requirements across major national solar programs. Our focus remains on ensuring that global-standard materials are designed, manufactured, and supplied in India.”
The agreement marks a significant step in strengthening India’s domestic solar manufacturing ecosystem and reinforces the industry’s shift toward reducing reliance on imported materials while building a resilient and future-ready supply chain.
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