In Short:
Indosol Solar Private Ltd, a subsidiary of SSEL, has started producing solar PV modules in Nellore, Andhra Pradesh. The company aims to reduce India’s dependence on imports. The facility can make 500MW of various types of solar modules. They plan to invest ₹1,300 crore initially, with a final capacity of 30GW. Phase 1A will be completed by December 2024, providing employment to 800 people.
Indosol Solar Private Ltd Lights Up Ramayapatnam with New Solar PV Module Manufacturing Facility
Exciting news from Indosol Solar Private Ltd, a subsidiary of Shirdi Sai Electricals (SSEL)! Their brand-new solar PV module manufacturing facility in Ramayapatnam, Nellore, Andhra Pradesh is up and running.
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Commitment to Quality and Sustainability
Indosol’s commitment to providing top-notch solar products and reducing India’s reliance on imports shines through with the commissioning of this facility on March 31, 2024. The facility is equipped to produce 500 megawatts (MW) of fully automated, solar photovoltaic (PV) modules using cutting-edge technology.
World’s First Fully-Integrated Quartz-to-Module Manufacturing Plant
Once fully operational, this plant will be the world’s first fully-integrated quartz-to-module manufacturing facility with an impressive capacity of 30 gigawatts (GW) upstream and 20 GW downstream. The entire project is set to be developed in phases over the next five years.
Sustainable Development Goals
Indosol Solar Private Ltd plans to invest ₹1,300 crore in the initial phase of the project, which will span across 30 acres of allocated land. The integrated project will require 8,348 acres of land, including ancillary industries and green areas, showcasing their commitment to sustainable development.
Phases of Progress
By December 2024, phase 1A of the project will be completed, providing direct employment to 800 individuals. The full Phase 1, with a capacity of 5GW, is expected to be completed by 2025 at an investment of ₹15,000 crore. By 2028, the facility aims to achieve its full capacity.
Exciting times ahead for Indosol Solar Private Ltd as they pave the way for a brighter, more sustainable future with their state-of-the-art manufacturing facility!
