Avaada Electro achieves Grade A in Wood Mackenzie rankings – Manufacturing Today India

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Avaada Electro makes advanced N-Type TOPCon solar modules with higher efficiency, durability, and reliable performance.
Avaada Electro has earned a coveted Grade A status in Wood Mackenzie’s H1 2025 Global Solar Module Rankings, placing it among the world’s most trusted solar manufacturers. Given to companies meeting the highest global benchmarks, the recognition raises a key question: how does this strengthen Avaada Electro’s position in India’s clean energy push?
Avaada Electro, the solar PV manufacturing arm of the Avaada Group, has been awarded the prestigious Grade A classification in Wood Mackenzie’s H1 2025 Global Solar Module Manufacturer Rankings. This top-tier rating is reserved for manufacturers that follow global best practices and demonstrate strong operational and financial performance.
Wood Mackenzie evaluates crystalline silicon solar PV module makers worldwide across several parameters. These include capacity utilisation, technology maturity, ESG performance, third-party certifications, financial stability, supply-chain resilience, vertical integration, R&D strength, and manufacturing experience. The Grade A rating is widely used by developers, investors, banks, and procurement teams as a key indicator of long-term bankability.
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Commenting on the recognition, Vineet Mittal, Chairman, Avaada Group, said, “The Grade A classification from Wood Mackenzie is a strong validation of Avaada Electro’s manufacturing excellence, operational discipline, and uncompromising focus on quality. As a Group, we remain committed to investing in world-class technologies, resilient supply chains, and responsible manufacturing practices. As India accelerates its clean energy transition and strengthens domestic manufacturing under the Atmanirbhar Bharat vision, Avaada Electro is focused on building globally competitive solar PV solutions that enhance energy security, sustainability, and long-term value creation.”
Avaada Electro manufactures advanced N-Type TOPCon solar modules that offer higher efficiency, better durability, and strong performance across varied operating conditions.
The company currently operates 8.5 GW of solar PV module manufacturing capacity and plans further expansion to meet rising domestic and global demand. Its flagship Nagpur facility features high-speed production lines, smart energy management, and a rapid 16-second takt time, highlighting its focus on efficiency and precision.
Avaada Electro’s ALMM-listed modules are certified to international standards such as BIS, IEC, and UL, ensuring reliable performance across utility-scale, commercial, industrial, and rooftop solar projects worldwide.
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