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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, reducing
Shirdi Sai Electricals Limited will make an initial investment of Rs 15,000 crore to build an integrated solar cell to module manufacturing facility at Ramayapatnam in Andhra Pradesh, its CEO Sharat Chandra said on Wednesday. The investments in the first phase are being made through subsidiary Indosol Solar to set up 5 gigawatts (GW) of moduleS, 5 GW wafers, 5 GW ingot and 5 GW glass capacities, he told PTI over the phone. "We have started the production of the module from Sunday (March 31). We call it Phase 1A, which is part of Phase 1. Initially, we started 500 MW module manufacturing by investing Rs 1,300 crore. The entire phase-1 (comprising 500 MW each of module, cell, wafer, and ingot) will be completed by 2025. Additionally, a manufacturing capacity of 5 GW of Glass, a raw material product, will also be set up," he said The entire project is of 30 GW upstream capacity. It is part of the government's PLI scheme for the solar industry, Chandra said without sharing the entire ..