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DhaSh PV, India’s leading PV Junction Box manufacturer, with the aim of supporting the domestic PV Module manufacturers, in the process of expanding its installed capacity to 5GW from the existing capacity of 2GW by the end of 2020. With enormous support and positive responses from its clients, DhaSh always strive to bring the better & right product in the market, considering all technological advancements & market demands. In recent interview with Solar Quarter. Mr.Manjunath Reddy, Managing Director, DhaSh PV Technologies Pvt Ltd, talks about recent developments in the Industry , the company’s current scale of operations, future targets and vision.
Please tell our readers about products and services offered by DhaSh in India.
Within a span of 3 years, DhaSh has evolved out to be one of the most promising & trusted sources of indigenous supply for the module manufacturers in terms of quality & delivery commitment. Currently with the limited capacity, DhaSh holds nearly 35% of the market share among all the makes of PV Junction Boxes supplying to India. In its small journey, the organization has been able to increase the number of its happy clients surprisingly each year. The expertise of the company in terms of manufacturing, plastic injection molding & new product development has catered tremendous confidence among the buyers.
What are the technological advancements that have happened in this business category?
Currently we are hearing about Solar Panel power rating as high as 500wp and many Chinese companies has introduced 600wp module recently in SNEC Exhibition. A major driver of this shift has been the emergence of the p-Type mono-PERC, bifacial cells, half-cut and shingled technologies for modules, which are available in double-glass, multi-busbar and half-cell module configurations. Secondly wafer size getting change faster than we realize and there is high possibility that market will shift to 166mm x 166mm in near future, as all looking forward to push high-efficiency products into the mainstream high-volume markets.
Rated current of high-power modules will increase significantly compared to conventional solar panels and thus the need of high rated junction boxes. Technological Innovation is core competency of DhaSh and to fulfill this technical gap, We have already developed 20A & 24A rated PV Junction box with excellent thermal conductivity which can fulfill requirements of such high power module as well as 12V (72 cell) Solar panels.
Increased customer satisfaction aided with strong focus on technological advancements and innovations kept DhaSh engaged into the continuous process of Research and Development. In 2020, DhaSh unveiled potted junction box with integrated module type diode, designed with more heat dissipation & better temperature rise ability.
How is DhaSh promoting the motto of “Self-Reliant India” during this pandemic?
To support indigenous manufacturing & encourage more employments directly as well as indirectly, DhaSh has gradually moved towards local sourcing of raw materials for its products, in the course of last 3 years. During this span of time, the import to local sourcing ratio has just turned upside down and the volume of import is expected to be reduced further soon. Already, to support this mission, DhaSh has started complete in-house manufacturing of PV Connectors and 80% of the product components are sourced locally. Further, with the increased manufacturing capacity of 5GW, volume of direct/indirect employments (out of this expansion) is expected to increase at least 3~4 times compared to current scenario.
How is DhaSh doing during this pandemic & what is the projected growth of the organization in the upcoming year?
During this time, DhaSh kept certain capacity in operation during the lockdown period and slowly operations geared up in the unlock phase.
The enthusiasm and dependency of the module manufacturers on Indian suppliers seen distinctively and DhaSh had utilized this opportunity for smooth running of its operations to keep the supply chain of PV Junction Boxes live in Indian market.
DhaSh will utilize this scope and move forward in the process of producing 50,000 pcs. of Junction Box per day by the end of 2020. The good results of capacity expansion & new product developments will be long lasting and the financial growth of the organization will be distinctively different from the FY 2020-2021 (AY 2021).
Tell us about Future Roadmap
DhaSh PV Technologies, day by day, is becoming more popular in India as well as in overseas. The company is receiving many requests and enquiries from overseas market frequently now a days. In near future, DhaSh is planning to slowly open up its overseas Sales offices across middle east, Europe, US, etc. Further, with technology advancements, more new products will be seen in coming years and DhaSh is eyeing to bring more in terms of innovative products, like micro inverters, smart junction boxes, etc.
Capacity increase to 20GW by 2024 to become a largest junction box manufacture among the global producers.