India solar manufacturing

Nithin Sai has revealed plans to begin making PV panels with a new Mondragon Assembly production line. The initial manufacturing capacity is set at 500 MW for M10, half-cut cells, with plans for a second-phase expansion to reach 2 GW.

Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.

The engineering, procurement and construction services contractor – which has a 1.2 GW module production facility near Kolkata – will establish the factory under a five-year timescale.