From pv journal India
Gautam Solar has introduced plans to construct a 2 GW photo voltaic cell manufacturing plant with an estimated funding of $119.6 million. The producer says that it aligns itself with the rules of the Indian authorities concerning the inclusion of photo voltaic cells within the Approved List of Models and Manufacturers (ALMM).
The new photo voltaic cell facility will allow Gautam Solar to satisfy the indoor capability necessities, that are essential for government-backed subsidy initiatives that require domestically manufactured elements.
Gautam Solar has acquired house in Bhiwani, Haryana, for increasing its photo voltaic panel manufacturing capability. However, it mentioned it’s nonetheless open to contemplating different areas based mostly on the general ecosystem.
By vertically integrating its operations, the corporate mentioned it’ll additional develop its capabilities, constructing on its already working photo voltaic module manufacturing unit in Haridwar and a future module manufacturing growth in Bhiwani.
New Delhi-based Gautam Solar is within the strategy of increasing its photo voltaic module capability to three GW by 2024-25 and to five GW by 2025-26.
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