JA Solar Holdings Co, well known Chinese solar manufacturer, and Essel Infraprojects Ltd now intend to begin the construction of a 500-megawatt solar-cell factory in Andhra Pradesh in December, which will then be proceeded by a module plant of similar size.
Construction will commence post the signing of memorandum of understanding between Essel Infraprojects, the infrastructure arm of Essel Group, and Shanghai-based JA Solar during Indian Prime Minister Narendra Modi’s trip to China in May.
Applications for land have been made, as confirmed by Essel Infraprojects Chief Executive Officer Ashok Agarwal.
Essel plans to set up a manufacturing plant at the Sri City Industrial Park. Construction of the $150 million cell-making facility may span for an year.
A 500-megawatt module-manufacturing plant will later follow, with completion expected by the first half of 2017, Agarwal said. Additional investment is also contemplated to be made.
Prime Minister Sri Narendra Modi aims to install 100 gigawatts of solar capacity in India by the year 2022. India currently has 4 gigawatts at the moment.
Our country has total installed capacity to make 1,328 megawatts of solar cells and 2,523 megawatts of modules annually, according to an Aug. 13 presentation submitted at the parliament.