From pv journal India
Gujarat-based Navitas Photo voltaic has introduced that it’s going to develop its annual PV panel manufacturing capability from 500 MW to 1.7 GW by the top of December.
The brand new 1.2 GW manufacturing facility will manufacture M10 and G12 mono PERC and TOPCon modules. It’s positioned in Sisodara village in Bharuch district of Gujarat.
Navitas Photo voltaic has raised $5 million to fund the enlargement. The funding spherical noticed participation from high-net-worth people. Lead traders embrace promoters Parishi Diamond Group and Lemon Rising Ventures.
The corporate says on this enlargement plan that it goals to export its merchandise to the US and Europe.
At its current 500 MW manufacturing facility in Surat, Navitas Photo voltaic manufactures polycrystalline and mono PERC photo voltaic modules with outputs starting from 5 W to 600 W.
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