AmpIn Energy Transition and Jupiter International Join Hands for Solar Manufacturing
AmpIn Energy Transition, a prominent independent power producer, revealed a groundbreaking strategic partnership with Jupiter International to create a joint venture dedicated to solar manufacturing. <br />
October 26, 2023. By News Bureau
This collaboration aims to establish a manufacturing facility capable of producing up to 1.3 gigawatts (GW) of solar cells and modules under India's Production-Linked Incentive (PLI) tranche-II scheme, as stated in their official press release.
Pinaki Bhattacharyya, MD, and CEO of AmpIn Energy Transition, emphasised the importance of this move, stating, "This will help us achieve backward integration and enhance our control over the supply chain for crucial components, which would help us optimize our operations for quality, efficiency, and cost-effectiveness." He also expressed confidence in the surging demand for Indian solar modules, with potential for global cost-effectiveness.
The partnership not only involves local consumption by AmpIn but also the supply of modules to third-party developers, promoting domestic and export growth in India's renewable sector.
Alok Garodia, Chairman of Jupiter International, affirmed the significance of this alliance, saying, "Combining our solar cell manufacturing prowess with AmpIn's commitment to renewables will play a major role in stabilizing the supply chain and reducing India's reliance on imports."
Jupiter International already possesses an 800-MW solar cell manufacturing capacity in Himachal Pradesh, further bolstering this promising joint venture.
please contact: firstname.lastname@example.org.
Founder, CEO & MD
EnerMAN successfully installed many wind-solar hybrid PPC controllers in India
Dr. Mridula D Bharadwaj
Capacity Building Specialist
India updated its solar energy targets to 280 GW by 2030
We have developed our new age agitators - ‘EVO’ series and ‘HYBRID’ series
Advanced battery technologies gaining prominence in India's energy storage sector