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

18 Feb 2025 CW Team

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)

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