Jakson Group, a prominent Indian energy conglomerate, has entered into an arrangement with Jinchen Corp, a China-based turnkey provider of sophisticated solar panel manufacturing machinery and technology.
The agreement is a move forward in Jakson Group’s plans to increase its solar PV manufacturing capacity in India to 3 GW per year and will reinforce its plans to cater to foreign markets.
This total manufacturing capacity of 3 GW will be accomplished in stages over the next few years, with the current phase anticipated to be finished with the installation of an extra 600 MW by the middle of 2023, in collaboration with Jinchen Corp.
The agreement with Jinchen Corp will augment Jakson Group’s existing 500 MW facility at Greater Noida and will take the total module manufacturing capacity to 1.1 GW. This new fully-automated line will be equipped to produce latest P type, N type and G-12 modules in both mono-facial and bi-facial variants.
With this collaboration, Jakon Group hopes to move closer to its near-term objective of achieving 3 GW of solar PV manufacturing capability by FY 2026. It will assist the business in meeting the increasing worldwide demand for solar energy, as they intend to export solar modules to foreign markets as well.
The Group is sure that their collaboration with Jinchen Corp will benefit both businesses and help to the construction of a sustainable future and the achievement of the broader aim of carbon neutrality.
This is a PR Agency news feed; fake checked and edited by Clean-Future Team