Germany’s Centrotherm said this week it has received orders for over 10 GW of solar cell production line equipment from India. The orders have been placed by six different customers.
“The spectrum of order includes existing customers with repeat orders, customers that are new to solar PV manufacturing, and customers that plan vertical integration by adding cell manufacturing to augment their module line,” it said.
The order book includes the production solutions and services for a 4 GW PERC solar cell line, scheduled for delivery in 2023. Centrotherm international said this major order, with a value of 57 million euros, will contribute to the high utilization of its production capacities in Blaubeuren and Kunshan/China.
Centrotherm’s order book swelled as several companies in India have embarked on cell manufacturing with conducive policy support from the government. Production-linked incentives for solar PV manufacturing, imposition of basic customs duty on solar cells and modules, and mandate of local procurement for Government schemes have together provided an impetus for local manufacturing in India. The demand for locally produced solar PV cells and modules is expected to grow many folds over the next several years to meet the 500 GW renewable target by 2030.
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