Jaipur-based solar module manufacturer Insolation Energy has been allotted 45 acres of land by the Madhya Pradesh government to establish a solar manufacturing facility.

The proposed facility will have 3 GW solar cell manufacturing, 4 GW solar module manufacturing, and 24,000 metric tons (MT) aluminum frame manufacturing capacity.

This project will be executed by INA’s subsidiary, Insolation Green Energy, in the Power and Renewable Energy Equipment Zone in Narmadapuram, Madhya Pradesh. The project will be implemented in two phases and require a total investment of ₹18 billion (~$211.98 million). The new manufacturing unit marks INA’s first facility outside Rajasthan and its fourth overall.

The expansion aligns with INA’s aim of scaling its manufacturing operations to achieve a consolidated revenue target of ₹80 billion (~$942.14 million).

The company recently raised ₹4.02 billion (~$47.8 million) through preferential allotment to fund its third manufacturing facility in Rajasthan. Scheduled for completion by April 2025, this facility targets increasing the company’s solar module manufacturing capacity from 1 GW to 4 GW and adding 12,000 MT of aluminum frame production.

INA was one of six companies awarded a letter of allocation to develop 1.5 MW of rooftop solar projects each in Rajasthan. This allocation is part of a larger initiative by the Rajasthan Renewable Energy Corporation to establish grid-connected rooftop solar systems of 45 MW capacity across the state.

In July, the Ministry of New and Renewable Energy added a capacity of 187 MW of INA’s solar modules to the Approved List of Models and Manufacturers.

The company’s products are used in government programs such as the Jal Jeevan Mission, PM-Kusum, and PM Surya Ghar: Muft Bijli Yojana.

According to the State of Solar PV Manufacturing in India 2024 report by Mercom India Research, India added 20.8 GW of solar module capacity and 3.2 GW of solar cell capacity in 2023.