Que: How does the company ensure it stays ahead in terms of innovation and product development in the highly competitive solar energy market?

Ans: We have a well-qualified & experienced team that keeps an eye on the development happening around the world in the solar sector. We also participate in the international expos where we learn about the latest technologies and development taking place in the world. These are the ways, we remain updated and keep ourselves ahead of our competitors in terms of innovation and product development.

Que: It's intriguing to learn about Novasys' transition to manufacturing TOPCon solar cells. Could you share insights into how this transition aligns with the company's long-term goals?

Ans: We are initially going for TOPCon module manufacturing as we have the facility available in the existing machines. Next to that, we have an expansion plan in module manufacturing and the third stage would be cell manufacturing.

Que: Could you elaborate on the advantages of TOPCon solar cells compared to previous technologies like PERC?

Ans: TOPCon cells have better efficiency and lower temperature coefficient due to which solar modules made up of TOPCon cells will require less space, generate more electricity and have a longer performance warranty.

Que: As Novasys sets ambitious targets for the future, aiming to achieve 1.8 GW production capacity by the end of 2024, what strategies are being implemented to ensure the company's expansion?

Ans: Any expansion depends on market requirements. We find that requirements for solar modules and demand for the latest technologies are growing substantially and that has boosted our confidence for expansion.

Que: In the rapidly evolving renewable energy landscape, how does Novasys Greenergy stay adaptable and responsive to changes in market dynamics, regulatory policies, and technological advancements?

Ans: As stated above, we are expanding to meet the growing market demand, adopting the latest technologies and providing the same to our clients. It is our updated technologies, production capacity as per demand and excellent quality of the products that help us in the matching the requirements of the market.

Que: Could you elaborate on how the company cultivates relationships with its stakeholders, including customers, partners, and employees, as it continues to expand and innovate in the renewable energy market?

Ans: We have an experienced and well-qualified team working in a properly set process. We have a strong Production, Quality & Sales force working in coordination and set system that helps Novasys to grow its business. With our commitment and well-set system, we are able to satisfy our stakeholders as well as our entire working team.