Fujiyama Power Systems on Thursday announced commissioning of a 1 gigawatt capacity solar cell plant at Dadri, Uttar Pradesh to strengthen its in-house manufacturing capabilities.
The manufacturing facility has been completed with a total investment of Rs 300 crore, funded through a combination of internal accruals and debt, the company said in a statement.
Solar cell is a key component used to produce solar panels. The government is encouraging solar players to set up cell manufacturing capacities to reduce import dependence.
The company currently operates with a total 1.6 GW of solar panel manufacturing capacity, of which 1.2 GW is located at Dadri.
Fujiyama said the newly added 1 GW solar cell capacity will be utilized entirely for captive consumption.
“Our solar cell manufacturing facility represents a significant step in strengthening manufacturing integration. By bringing solar cell production in-house, we are improving visibility and control across the value chain, reducingFujiyama Power Systems on Thursday announced commissioning of a 1 gigawatt capacity solar cell plant at Dadri, Uttar Pradesh to strengthen its in-house manufacturing capabilities.
The manufacturing facility has been completed with a total investment of Rs 300 crore, funded through a combination of internal accruals and debt, the company said in a statement.
Solar cell is a key component used to produce solar panels. The government is encouraging solar players to set up cell manufacturing capacities to reduce import dependence.
The company currently operates with a total 1.6 GW of solar panel manufacturing capacity, of which 1.2 GW is located at Dadri.
Fujiyama said the newly added 1 GW solar cell capacity will be utilized entirely for captive consumption.
“Our solar cell manufacturing facility represents a significant step in strengthening manufacturing integration. By bringing solar cell production in-house, we are improving visibility and control across the value chain, reducing Latest News [ SOBAN NEWS: International and National ]
