Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions, is planning to invest ₹6,500 crore over the next three years to become a fully integrated solar manufacturing leader.
The investment will bolster the company’s position in the solar sector by significantly expanding its capacity across wafer production, solar cell manufacturing, and module assembly, it said in a statement on Thursday.
With planned capacities of 3 GW for wafers, 9.4 GW for cells, and 6 GW for modules, Jupiter aims to meet the growing market demand with cutting-edge, reliable solar solutions. The integration of wafer production and enhanced module assembly capabilities positions the company as a fully integrated solar manufacturer with complete control over its value chain.
By fully integrating these processes, the company aims to establish a robust and seamless supply chain that spans every stage of solar manufacturing. It said this integration ensures enhanced control over quality standards, improved operational efficiency, and optimised costs and further strengthens the company’s ability to deliver reliable, high-performance solar solutions to meet growing market demands.
“At Jupiter, we are not just building capacity; we are redefining what it means to be a leader in solar manufacturing. The investment reinforces our commitment to innovation, quality, and sustainability, ensuring we remain at the forefront of the renewable energy transition. We are well positioned to not only meet the surging demand but also to lead the market in both innovation and growth,” said Alok Garodia, Managing Director, Jupiter International.
Leave a Comment