Jakson Group set to expand its solar module manufacturing capacity through a recent agreement with Jinchen Corp

New Delhi, India; April 4, 2023: Jakson Group, a main Indian power conglomerate has signed an agreement with Jinchen Corp, a turnkey provider of superior solar module manufacturing gear and expertise in China. The affiliation is a step ahead in Jakson Group’s targets to expand its solar PV manufacturing capacities additional in India upto 3 GW yearly and can strengthen its plans to cater worldwide markets.

This total manufacturing functionality of three GW can be achieved in a phased-wise method over the following few years, with this upcoming section anticipated to be accomplished with set up of further 600 MW in the direction of the mid of 2023, in collaboration with Jinchen Corp. The agreement with Jinchen Corp will increase Jakson Group’s current 500 MW facility at Greater Noida and can take the full module manufacturing capacity to 1.1 GW. This new fully-automated line can be geared up to produce newest P kind, N kind and G-12 modules in each mono-facial and bi-facial variants.

Speaking on the partnership, Mr. Bharat Gupta, Head – Solar (International Business), Jakson Group stated “We are glad to have Jinchen Corp onboard with us, and take it as a important step in our efforts to assist the world transition to clear power. With this partnership, we envisage to get nearer to our near-term purpose of attaining solar PV manufacturing capacity of three GW by FY 2026. It will assist us meet the rising world demand for solar power as we plan to export solar modules to worldwide markets too. We are assured that our affiliation with Jinchen Corp can be helpful for each the businesses and contribute in the direction of constructing a sustainable future and attaining the bigger purpose of carbon neutrality.

On this event, Mr. Vikas Singh, General Manager – Indian Operations, Jinchen Corp stated, “We have persistently partnered corporations working within the renewable power house to develop their energy era capacities and speed up the inexperienced power motion. Jakson Group has a clear imaginative and prescient for growing the worldwide solar energy trade. We are proud to be partnering them of their endeavour. Our affiliation with them will present us a possibility to showcase our superior solar module manufacturing expertise to the world. Together, we hope to make a distinction in creating a extra sustainable world.”