Longi Solar has confirmed it will be the first Chinese solar company to set up manufacturing facilities in India. The news comes just a month after the company said it would invest $300 million in a 5 GW module facility in China.
A spokesperson for the company tells pv magazine the new facility, located in Sri City, Andhra Pradesh, will manufacture 500 MW of monocrystalline cells and modules, respectively. The first phase will see a Crore 1,700 (around (US$26.7 million) investment.
They add that Longi undertook a 500 MW cell and module investment plan in 2016. The company will kick off construction during its AP Investment Summit this February, with production beginning by the end of this year, or the beginning of 2019.
At the end of November, the Indian Government announced plans to ramp up the country’s domestic renewable energy manufacturing industry via an auction for facilities totaling 20 GW.
“The local government will support the project by preferential policies relating to power supply, water supply, taxation, waste-water processing, education/training and international certification for a three year term,” says the spokesperson.
They add that Longi will expand production capacity “with a big jump to meet India AD/CVD demand,” as well as expected demand from the U.S., following the recent solar tariffs, from which India has partial exemption.
However, this exemption only applies as long as India does not provide more than 3% of total imports to the U.S. market. At current market volumes, this will limit the entire nation to less than 300 MW of PV exports to the United States per year.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
Welcome to Make in India.
Innovative thought of CM Chandrababu Naidu. This will be a morale booster for solar power development in AP.
The facility set up should be such that an optimum quality product comes out at a cost comparable to that of China make and has a life longer than what manufacturers in India deliver. Should this be met with, manufacturers in India will have loads to learn.
Thanks to Chandrababu Naidu Garu for his effort to bring Longi to AP. we look forward to bring more companies to AP. sri city . once again we welcome Longi to AP.
competition for other Indian module/cell manufactures—Mundra Solar, Indosolar, Jupiter Solar, Websol Energy, Vikram Solar, Waaree, and Helios…etc
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.