Picture: Skitterphoto, Pixabay
From pv journal India
Chiripal Group’s Grew Vitality is among the 11 winners of the second section of the Indian authorities’s production-linked incentive (PLI) scheme for home manufacturing of high-efficiency photo voltaic modules. It allotted $69.3 million in incentives for two GW of wafer-to-module manufacturing capability.
The federal government has allotted a complete PV module manufacturing capability of 39.6 GW within the second section of the PLI scheme.
“Manufacturing capability with a complete of seven.4 GW is predicted to change into operational in October 2024, 16.8 GW in April 2025, and the stability of 15.4 GW in April 2026. Due to this fact, the subsequent three years can be essential for the manufacturing sector of PV in India,” stated Vinay Thadani, the director of Grew Vitality.
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