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DhaSh PV Technologies

DhaSh PV Technologies: A catalyst bringing innovation in Solar PV components for a Greener India

Business Executives In Focus-2024 Thriving Economics & Sustainability

There is an urgency to reduce our dependence on fossil fuels. Many factors are responsible for this and the only solution is to turn to renewable energy. With this, more and more businesses are now entering this industry to ensure and ease of adoption of renewable energy.

DhaSh PV Technologies is one such establishment that pioneers the delivery of solar PV components to contribute to making our lives environmentally friendly. Mr Manjunath N Reddy is spearheading this revolutionary venture at the forefront. In talks with our team, he shared many lesser-known facts about the company and its overall journey so far. Let’s dive in:

The company profile

DhaSh PV Technologies Limited has become India’s leading Solar PV component manufacturer. With time, the company has gained specialization in high-quality PV junction boxes and connectors. The mission of DhaSh is to enhance access to solar energy by utilizing high-quality, dependability, and technological innovation. High-voltage, high-current PV junction boxes, connectors, and solutions that satisfy the exacting requirements of solar PV systems are among the company’s offerings.

Innovation is an aspect that runs in their veins. DhaSh PV has established itself as a strong link in the supply chain for renewable energy in India, enabling solar projects ranging from modest installations to massive infrastructure. The company has various certifications under its par IEC and UL, affirming its commitment to quality and reinforcing customer confidence in its products. They have become India’s first dual-certified company for PV junction boxes.

How did this all start?

To accelerate India’s transition to renewable energy by leading the way in the production of solar PV components, Mr. Manjunath N. Reddy created DhaSh PV Technologies. With a modest initial investment of 5 GW, Mr. Manjunath N. saw a time when DhaSh might help India become a powerhouse of widespread solar power adoption.

This was the core objective behind the company’s significant expansion. It is reaching a 63 GW output capacity by 2025. Mr Reddy pioneered inspiring leadership in solar power adoption with a range of unique solutions he introduced in the renewable energy space. His dedication to excellence and innovation in renewable energy are evident in this growing popularity of global solar power expansion.

To turn his dream into reality, he handpicked the most talented individuals from different industries. He doesn’t just look for a skilled professional but needs a passionate individual to align with the vision to bring India to the forefront of solar innovations. He prioritized not only technical expertise but also ensured that each employee knew the power of the company’s mission of sustainability and innovation.

As per Mr Reddy, his team today comprises top-tier talent across engineering, R&D, marketing, and operations, forming a collaborative and dynamic workforce focused on achieving milestones together.

Tech integration

DhaSh PV Technologies is always known for being true to its promise. To deliver the best results, they never hesitate to infuse technology in advanced manufacturing techniques, automation, and smart production processes. The company’s upcoming 63 GW manufacturing plant incorporates state-of-the-art technology to ensure high output with precision.

“Our R&D team continually evaluates emerging tech trends and integrates cutting-edge solutions like highvoltage PV connectors and Junction Boxes to stay ahead of market demands and enhance product reliability. R&D is the backbone of DhaSh PV’s growth. Be it enhancing product performance, efficiency, and longevity, our advanced research in high-voltage components and innovative junction box designs. This enables us to deliver futureready solutions and consistently improve its product offerings. These efforts directly translate into betterperforming solar systems, aligning with the company’s mission to drive the renewable energy industry forward,” remarked Mr Reddy.

“To ensure great quality for our customers, we adhere to strict testing standards that are done at every stage of production. From sourcing materials to final inspections, each component undergoes stringent quality checks to ensure it meets international industry standards and client specifications,” stated the founder about the way they maintain customer satisfaction.

The clientele

DhaSh PV is a one-stop solution provider in the solar industry, catering to a wide range of customers in more than 20 countries worldwide, including module makers and EPC/Developers. Some of its notable clients include Waaree, Adani, Tata Power, Vikram Solar, Emmvee, Rayzon, Jakson Engineers, Sterling & Wilson, BHEL, Amplus, Goldi, Solex, Amara Raja, REIL, and SAEL. Keeping up with client’s expectations with consistent quality, reliability, and responsive customer service has helped the company earn and retain the trust of these industry leaders.

Getting an edge over the peers

As explained by Mr Reddy, product performance is much more difficult to duplicate than product design, which is easily copied. Extensive study and careful development are necessary to create the proper components and create a final product that fulfills industry standards and customer expectations throughout its lifecycle to achieve high performance.

Large-scale production, technological innovation, and stringent quality requirements are DhaSh’s competitive advantages. DhaSh makes it difficult for rivals to enter the market with its integrated manufacturing processes, strong commitment to research and development, and upcoming 63 GW production capacity that is wholly constructed in India. Furthermore, DhaSh has become a reputable industry leader thanks to its commitment to high-performance components, strict quality assurance, and tailored client solutions.

DhaSh has earned industry-wide recognition for its outstanding product quality, a testament to its commitment to excellence. By fostering lasting partnerships with clients, DhaSh goes beyond being merely a material supplier, establishing itself as a reliable solutions provider.

The company’s focus on continuous innovation in component technology drives substantial improvements in solar efficiency and durability, giving it a unique edge over competitors. With more than 20 GW of junction boxes successfully installed across diverse locations, DhaSh consistently upholds its promise of exceptional performance, reinforcing customer satisfaction and trust.

About the work culture

Since a happy workplace fosters creativity, productivity, and general job happiness, DhaSh places a high priority on employee well-being. The management always ensures that sporting events, team-building exercises, and ongoing skill-development initiatives are done to promote both professional and personal development.

Employees can interact in a light-hearted, cooperative environment through programs like the well-liked DhaSh Cricket League, which promotes teamwork, camaraderie, and a healthy sense of rivalry. Furthermore, DhaSh often hosts training sessions and seminars to help staff members hone their abilities and stay up to date with market developments, guaranteeing they are ready to make a significant contribution to the company’s mission.

The laurels

DhaSh PV has been awarded the Best Renewable Company of the Year under the Dr. APJ Abdul Kalam Inspiration Awards 2024. Mr.Manjunath N Reddy has been Honored with Business Outlook Icon Award 2023, MSME Global Golden Business Excellence Award 2023, The Economic Times – Energy Leadership Award 2023, PV Module Tech India 2020 and 2022 awards and many more. These accolades are a testament to DhaSh’s dedication to quality and creativity in the field of renewable energy. These honors attest to DhaSh’s dominance in the solar photovoltaic sector and its contribution to the advancement of India’s green energy objectives.

The future ahead

The future has so many opportunities waiting to be explored. Through backward integration, DhaSh is integrating all remaining components, ushering in a new era of manufacturing excellence. This entire production process will be carried out at a cutting-edge mega plant in Sira, Tumkuru district. Along with the development of Made in India diodes, DhaSh PV hopes to greatly increase its capacity, aiming to produce 1,000 km of solar cables and 63 GW of junction boxes yearly.

The company is also focused on exploring new markets to enhance its impact on the renewable energy sector. With plans to incorporate advanced technologies into its manufacturing processes, DhaSh is committed to reinforcing its position as a global player in the solar PV industry. Additionally, expanding R&D activities is a priority to ensure DhaSh remains at the forefront of product innovation.

Words of wisdom shared by the MD
“For aspiring entrepreneurs, I would advise them to focus on innovation, building a strong team, and staying resilient. He believes that success is a journey fueled by a relentless pursuit of excellence and a commitment to a greater purpose. Mr. Manjunath N Reddy’s journey with DhaSh underscores the value of creating solutions that make a real difference, and he encourages emerging entrepreneurs to seek opportunities that align with a sustainable future. Mainly building an industry ecosystem that benefits not just the organization but the society as well.”

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