INA Solar is setting up a 3 GW PV module factory along with an aluminum frame factory with an investment in Jaipur, Rajasthan.
INA Solar already has 1 GW of solar panel capacity. With the new addition, the total production capacity for PV modules will reach 4 GW per year.
The new facility will cover an area of 109,000 square meters and have an annual production capacity of 3 GW of n-type tunnel oxide passivated contact (TOPCon) solar panels and 12,000 tons of aluminum frames. Production is expected to start within the current fiscal year.
“A technical collaboration is already in place with a supplier for 1.4 GW of cell manufacturing capacity to be commissioned in 2025-2026 and this will help meet the current robust demand and demonstrate the latest adopted and established technology ,” Insolation Energy said in May.
At the time, Chairman Manish Gupta and Managing Director Vikas Jain said Insolation Energy achieved its highest quarterly revenue since its inception in the first quarter of the 2024-2025 financial year.
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