Gujarat-based Solex Energy has signed a deal for 1.2 GW of solar module production equipment from China-based Jinchen Machinery. According to the manufacturer, the first phase of 600 MW will be commissioned by October 2021. According to the memorandum of understanding signed with Jinchen, the installation of phase two will begin as soon as the initial production capacity goes into operation.
The production line is being set up near Surat and will be fully automated and capable of manufacturing panels based on wafers up to 210mm in size and featuring multi-busbar cells and micro-gap technology.Solex intends to take a ‘backward integration’ approach to expand its production capacity as it will develop a 1 GW solar cell production facility after the module line is completed.
The Ministry of New and Renewable Energy (MNRE) has issued guidelines for the implementation of the production-linked incentive (PLI) scheme, the National Programme on High Efficiency Solar PV Modules, for achieving gigawatt-scale manufacturing capacity. Through this scheme the MNRE aims to promote the manufacturing of high efficiency solar photovoltaic (PV) modules in India and thus reduce the country’s import dependence in the area of renewable energy. The MNRE has appointed the Indian Renewable Energy Development Agency as the implementing agency for the PLI scheme.
On November 11, 2020, the cabinet approved the PLI scheme for 10 key sectors to enhance India’s manufacturing capabilities and exports under the Atmanirbhar Bharat initiative. One of these sectors is “High Efficiency Solar PV Modules”. The cabinet approved a financial outlay of Rs 4.5 billion for the scheme over a five-year period.