Solarium Green Energy Limited Expands into Solar Module Manufacturing
New Delhi [India], June 11: Solarium Green Energy Limited (Solarium), a leading player in India’s rooftop solar projects, is set to re-enter the solar module manufacturing sector. The company plans to establish a production facility in Ahmedabad, Gujarat, with a capacity of approximately 1000 MW. The project is estimated to cost around ₹70 crore plus working capital, financed through a debt-to-equity ratio of 3:1.
Key Highlights of the Project
- Location: Ahmedabad, Gujarat, India
- Capacity: ~1000 MW
- Technology: Fully automated machinery with latest technology
- Estimated Cost: ~₹70 crore + working capital
- Debt-to-Equity Ratio: 3:1
This strategic move is part of Solarium’s expansion plans in the renewable energy sector. The company aims to leverage the latest technology and higher capacity machinery to enhance its production capabilities. The facility is expected to contribute significantly to India’s solar energy production.
Solarium’s decision to re-enter the manufacturing domain comes as part of its growth strategy in the renewable energy sector. The company’s expertise in rooftop solar projects positions it well for this expansion into solar module manufacturing.
The Indian renewable energy sector has seen significant growth in recent years, driven by government initiatives and increasing demand for clean energy. Solarium’s move into solar module manufacturing is expected to capitalize on this trend, contributing to the country’s renewable energy goals.
For more information on Solarium Green Energy Limited and their projects, you can visit their official website or follow industry news for updates on their progress in the solar module manufacturing space.
