Pixon Green Energy signs MoU for 1 GW solar cell, module capacity in Gujarat

Share

Pixon Green Energy is adding 1 GW of solar module manufacturing capacity in Gujarat with backward integration into 1 GW of PV cell production. Currently, it has 1 GW of solar modules and 1 GW of EVA manufacturing units in the state.

The company has signed a memorandum of understanding (MOU) with the Government of Gujarat for investments worth INR 1,020 crore ($123 million) in the production capacity expansion, which is estimated to create employment for around 1,050 people.

“The new module facility will start the production by FY 2026-27, and we are coming up with mono PERC, HJT and TOPCon solar panels,” Pixon Energy told pv magazine.

The land identification for the solar cell manufacturing unit is ongoing. This unit is tentatively planned to start production by FY 2027-28

 

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: editors@pv-magazine.com.

Popular content

Waaree Energies approves investment in 300 MW electrolyzer, 3.5 GWh lithium-ion battery cell units
23 December 2024 Waaree Energies' board of directors has approved investment in setting up a 300 MW electrolyzer manufacturing plant and a 3.5 GWh Lithium-ion battery...