GREW Solar to Invest Rs 30 Billion in 3 GW Solar Facility in MP
POWER & RENEWABLE ENERGY

GREW Solar to Invest Rs 30 Billion in 3 GW Solar Facility in MP

GREW Solar has announced an investment of Rs 30 billion to establish a 3 GW solar cell and module manufacturing facility in Madhya Pradesh. 
The 60-acre facility will be a three-stage, backward-integrated unit utilising tunnel oxide passivated contact (TOPCon) technology. This N-type silicon-based technology improves solar cell efficiency over traditional models, enhancing overall performance. The plant is expected to begin operations by 2026. 
Additionally, GREW Solar has commenced operations at its second unit in Jaipur, Rajasthan, and is constructing its phase-3 unit. Once completed, the Jaipur plant will have a total production capacity of 8 GW. 
Earlier, in May 2024, GREW Energy also revealed plans to set up a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir, investing Rs 45 billion for the 80-acre project. This fully integrated, three-stage plant will produce 3.2 GW of solar modules and 2.8 GW of solar ingots, wafers, and cells annually. 
In April 2024, GREW Energy won 200 MW of the 400 MW tender issued by the Solar Energy Corporation of India to manufacture, test, and supply domestically produced solar modules. 
India's solar manufacturing capacity expanded in the first half of 2024, with an addition of 11.3 GW of module capacity and 2 GW of cell capacity, driven by a strong pipeline of solar projects and policy incentives. As of June 2024, the country's cumulative solar module manufacturing capacity stood at 77.2 GW, with solar cell capacity at 7.6 GW. 
(Mercom) 
              

GREW Solar has announced an investment of Rs 30 billion to establish a 3 GW solar cell and module manufacturing facility in Madhya Pradesh. The 60-acre facility will be a three-stage, backward-integrated unit utilising tunnel oxide passivated contact (TOPCon) technology. This N-type silicon-based technology improves solar cell efficiency over traditional models, enhancing overall performance. The plant is expected to begin operations by 2026. Additionally, GREW Solar has commenced operations at its second unit in Jaipur, Rajasthan, and is constructing its phase-3 unit. Once completed, the Jaipur plant will have a total production capacity of 8 GW. Earlier, in May 2024, GREW Energy also revealed plans to set up a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir, investing Rs 45 billion for the 80-acre project. This fully integrated, three-stage plant will produce 3.2 GW of solar modules and 2.8 GW of solar ingots, wafers, and cells annually. In April 2024, GREW Energy won 200 MW of the 400 MW tender issued by the Solar Energy Corporation of India to manufacture, test, and supply domestically produced solar modules. India's solar manufacturing capacity expanded in the first half of 2024, with an addition of 11.3 GW of module capacity and 2 GW of cell capacity, driven by a strong pipeline of solar projects and policy incentives. As of June 2024, the country's cumulative solar module manufacturing capacity stood at 77.2 GW, with solar cell capacity at 7.6 GW. (Mercom)               

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code