Jupiter Renewables to set up INR 2,700 cr solar unit in India

A INR 2,700 crore solar plant by Jupiter Renewables planned in Anakapalli as Andhra Pradesh explores further talks with Tata Power, Waaree, and Vikram Solar.

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The proposed unit by Jupiter Renewables has planned an output of 4.8 GW in cells and 1.5 GW in modules.

The proposed unit by Jupiter Renewables has planned an output of 4.8 GW in cells and 1.5 GW in modules. Image Credit/Source: Kelly/ Pexels

Jupiter Renewables, a unit of Jupiter International, has announced a INR 2,700 crore (~ $324 million) investment for a facility at Rambili in Anakapalli district. The project includes 4.8 GW of solar PV cell and 1.5 GW of module production capacity. In addition to this, the state is holding discussions with Tata Power, Waaree, and Vikram Solar for similar initiatives. These developments mark a shift in the sector’s geographic focus, as Andhra Pradesh begins to compete with other established solar manufacturing states such as Gujarat, Rajasthan, and Tamil Nadu.Andhra Pradesh is seeing increased activity in solar manufacturing following a change in state leadership last year The investment signals a shift in manufacturing interest towards new regions, influenced by emerging policy directions and infrastructure decisions at the state level.

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