PV module manufacturer IB Solar has a declaration of intent from the Yamuna Expressway Industrial Development Authority (Yeida) protected for the allocation of 25 hectares of land for the proposed 4 GW solar cell and module production facility.
The company, which currently produces solar panels and lithium ferrophosphate batteries, will build the integrated solar cell and module factory in sector 8, near the upcoming NOIDA International Airport, with an investment of approximately 30 billion.
ABHINAV MAHAJAN, director at IB Solar, said PV -Magazine The facility in Uttar Pradesh will produce topcon cells and modules. It is planned for commissioning by 2027.
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