GREW Solar has announced it will invest ₹30 billion (~$345 million) to set up a 3 GW solar cell and module manufacturing facility in, Madhya Pradesh.

The 60-acre facility will be a three-stage backward-integrated manufacturing unit, using tunnel oxide passivated contact (TOPCon) technology. TOPCon utilizes an N-type silicon base to improve efficiency solar cell efficiency over traditional models.

The facility is expected to be operational by 2026.

The company has also started operations at its second unit in Jaipur, Rajasthan, and commenced constructing its phase-3 unit. The Jaipur plant will have a total production capacity of 8 GW after the new phase’s commissioning.

In May 2024, Grew Energy announced plans to set up a 3.2 GW solar module manufacturing facility in Kathua, Jammu & Kashmir. It said it was investing ₹45 billion (~$ 538.8 million) to establish the fully integrated three-stage facility on 80 acres of land. Upon completion, the plant will have an annual production capacity of 3.2 GW of solar modules and 2.8 GW of solar ingots, wafers, and cells.

In April 2024, Grew Energy was declared one of the winners in Solar Energy Corporation of India’s auction to manufacture, test, package, forward, supply, and transport 400 MW of domestically manufactured solar modules. Grew Energy won 200 MW of the tendered 400 MW capacity.

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half of 2024, according to Mercom’s, State of Solar PV Manufacturing in India 1H 2024 report. The capacity additions were driven by a robust solar project pipeline of 132.7 GW planned between 2024 and 2026 and the reinstatement of the Approved List of Models and Manufacturers order in April 2024. As of June 2024, India’s cumulative solar module manufacturing capacity reached 77.2 GW, while solar cell capacity totaled 7.6 GW.