Jupiter International announced an INR 6,500 crore (~$756.70 million) investment to expand solar manufacturing over three years. The company plans to scale production to 3 GW for wafers, 9.4 GW for solar cells, and 6 GW for modules. This will enable a fully integrated process to meet rising market demand. The investment focuses on establishing a seamless supply chain, improving quality control, and optimizing costs. Jupiter is also investing in R&D, including advanced technologies like TOPCon to enhance solar cell efficiency and durability.
Solar manufacturing expansion: Jupiter plans INR 6,500 crore investment
The plan was approved following the Ministry of Finance’s Reference Price notification to regulate imports. (Image Credit/Source: AI generated)
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