Navitas Alpha Renewables

What Navitas Alpha Renewables does

Navitas Alpha Renewables (legal entity: Navitas-Alpha Renewables Private Limited, or NARPL) is a Surat, Gujarat-based manufacturer of solar module components, operating as a subsidiary of Navitas Solar. Founded in 2019 and headquartered at Union Heights, Piplod with a manufacturing facility in Hoziwala Industrial Estate, Sachin, the company produces encapsulant films and backsheets that protect photovoltaic cells and ensure module longevity. Its product portfolio spans the SUSTAIN encapsulant family—EVA (28% VA content), POE, and a next-generation EPE 3-layer co-extruded variant targeting TOPCon cells—alongside the SHIELD backsheet range (KPC, CPC, HPC, L3, C2 series) rated for 1000V and 1500V modules. Production capacity reached 1.5 GW following a 2022 expansion from 500 MW, with annual encapsulant output exceeding 10 lakh square meters.

The company serves Indian solar PV module manufacturers through a direct B2B sales motion, engaging customers via phone and email inquiries. Revenue is generated almost exclusively through hardware sales of manufactured encapsulant films and backsheets; pricing is not publicly disclosed and is negotiated on a per-inquiry basis. Distribution is single-country/domestic, with products shipped directly from the Surat manufacturing unit to module assembly customers. The company reports 100+ active clients and 50+ staff, and has secured NABL accreditation for its in-house testing laboratory, positioning it as a quality-assured domestic supplier in India's expanding solar module manufacturing ecosystem. Capital structure reflects an early-stage profile, with INR 7 crore (~$881K) raised in a September 2022 seed round led by Niveshaay Investment Advisory and supported by Ivy Growth Associates, earmarked for capacity expansion, R&D, and POE product development.

Name

Navitas Alpha Renewables

Legal name

Navitas-Alpha Renewables Private Limited

Website

https://navitasalpha.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

51–100 employees

Short description

Navitas Alpha Renewables is a Surat, India-based manufacturer of solar module encapsulant films (EVA, POE, EPE) and backsheets (SHIELD series), supplying 100+ Indian PV module manufacturers from a 1.5 GW capacity facility as a subsidiary of Navitas Solar.

Ownership category

akta.pro rank

Product category

Solar Module Components

NAICS

Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Renewable Manufacturing Materials & Subcomponents (Glass, EVA/Backsheet, Composites, Magnets) (EUAMAHAL)

akta.pro secondary industry

Solar PV Module & Cell Manufacturing (Crystalline, Thin-Film) (EUAMAHAA)

Keywords

• Solar encapsulant films
• Solar backsheets
• EVA encapsulant manufacturing
• Photovoltaic module components
• POE encapsulant films

Headquarters

HQ city

Surat

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

1. Solar Encapsulant Films: Sale of EVA, EPE, and POE encapsulant films to solar module manufacturers. Products protect solar cells, provide high light transmission, UV protection, and ensure efficient energy conversion. Revenue generated through direct B2B sales of manufactured film products.
2. Solar Backsheets: Sale of backsheet products (SHIELD series) that protect solar modules from external stresses, provide electrical insulation, and extend module lifespan. Multiple product variants targeting different module requirements and voltage ratings.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Navitas Alpha Renewables manufactures solar module components — specifically EVA, EPE, and POE encapsulant films under the SUSTAIN brand and multi-layer backsheets under the SHIELD brand. These products protect photovoltaic cells from UV, moisture, and environmental stress while maximizing light transmission and ensuring 25+ year module lifespans for solar panel assemblers.

Product overview

Navitas Alpha Renewables is a manufacturer of solar module components offering two main product lines: SUSTAIN encapsulant films (EVA, POE, and EPE variants) and SHIELD backsheets. The SUSTAIN encapsulants are placed on either side of solar cells to protect them while maximizing light transmission, with EPE being a next-gen 3-layer co-extruded product for TOPCon cells. The SHIELD backsheet line consists of multiple variants (KPC, CPC, HPC, L3, C2 series) providing electrical insulation, UV protection, and weather resistance for 1000V to 1500V solar modules. Both product lines work together to enhance solar module performance, longevity, and reliability.

Differentiator

Problem solved

Functional benefit

Brands

• SUSTAIN: Product line for encapsulants including Sustain EPE (next-gen 3-layer encapsulant for TOPCon cells), Sustain EVA (Ethyl Vinyl Acetate encapsulant), and Sustain POE (Polyolefin Elastomer encapsulant).
• SHIELD

Products and services

• Sustain EVA Encapsulant Ethyl Vinyl Acetate (EVA) PV encapsulant film with 28% VA content, high light transmittance, low shrinkage, orange peel embossing, high peel strength, and UV/weather resistance. Compatible with crystalline and thin-film PV modules. For solar module manufacturers.
• Sustain POE Encapsulant Polyolefin Elastomer (POE) encapsulant offering superior UV protection, weather resistance, moisture/dust prevention, bubble-free lamination, and strong adhesive properties for long-term module integrity. For solar module manufacturers.
• Sustain EPE Encapsulant Next-gen 3-layer co-extruded encapsulant with thin POE layer sandwiched between two EVA layers. Combines superior anti-PID performance and water vapor resistance with improved lamination cycle time. Ideal for TOPCon cells and Glass-Glass solar panels using PERC, TOPCon, or HJT cells. For solar module manufacturers.
• SHIELD Backsheet Series Multi-variant backsheet product line (SHIELD KPC, CPC, HPC, L3, C2 series) providing electrical insulation (1000V-1500V DC rated), UV protection, moisture resistance, thermal stability, and extended module lifespan. Includes PVDF layers, fluorine coatings, hydrolysis-resistant PET, and multi-layer construction variants for tropical regions and various module configurations. For solar module manufacturers.

Quantifiable outcome

• Production capacity of 10,00,000+ sq. meters of encapsulants annually, powering over 1.5 GW of solar energy
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• RenewSys India: India's largest integrated manufacturer of EVA/POE encapsulants and backsheets, serving both domestic and export module manufacturers. Most direct domestic competitor to Navitas Alpha across the same SKU categories.
• Hangzhou First Applied Material: One of the world's largest producers of EVA and POE encapsulant films for solar PV modules, with multi-GW capacity. Directly competes with Navitas Alpha on encapsulant chemistry and supply scale, particularly in cost-sensitive segments.
• HiUV Electronic Technology: Chinese manufacturer specializing in POE and EVA encapsulant films for high-efficiency cell technologies including TOPCon and HJT. Direct technology peer in the next-gen encapsulant segment Navitas Alpha's EPE targets.
• Cybrid Technologies: Established Chinese supplier of EVA and POE encapsulant films for crystalline silicon and thin-film PV modules. Direct competitor in encapsulant film supply to global module manufacturers.
• Krempel GmbH: European manufacturer of backsheets and insulation films for solar modules, including multi-layer constructions with PVDF and PET. Directly competes with Navitas Alpha's SHIELD backsheet portfolio in the premium segment.
• Coveme: Italian producer of backsheet films and engineered laminates for photovoltaic modules. Direct global peer in the backsheet category, particularly for European-spec and tropical-climate variants overlapping SHIELD KPC/HPC.
• Jolywood (Suzhou) Sunwatt: Major Chinese manufacturer of solar backsheets and N-type cell/modules, with significant encapsulant and backsheet capacity. Competes directly with Navitas Alpha in backsheet supply and increasingly in TOPCon encapsulants.

Broad incumbents

• 3M Solar Solutions: Broad industrial materials incumbent producing adhesives, films, and protective layers used in PV modules including encapsulant-adjacent chemistries. Larger and more diversified but overlaps in solar module film materials.
• DuPont Photovoltaic Solutions: Major materials science incumbent with Tedlar-based backsheet films and encapsulant-adjacent product lines for the solar industry. Broad portfolio with overlapping encapsulant and backsheet technologies.
• Mitsui Chemicals: Global chemical company producing EVA resins and encapsulant films among many other industrial chemicals. Overlaps with Navitas Alpha as an upstream-integrated encapsulant film supplier with significantly broader scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Navitas Alpha Renewables