Solarium Re-Enters into Manufacturing Solar Modules: latest Technology and 1 GW Capacity

New Delhi [India], June 11:  Solarium Green Energy Limited (Solarium), a market leader in rooftop solar projects in India, is planning to re-enter the manufacturing of Solar Modules using the latest technology of fully automated machinery with higher capacity. The facility will be installed with a production capacity of ~1000 MW (megawatt) at Ahmedabad, Gujarat, India, at an estimated project capex cost of ~₹70 crore + requisite working capital via a mix of debt to equity in a ratio of 3:1.

This strategic move is part of the…