10 months ago
RJ Corp & PVV Infra Boost AP's Solar Industry
Two companies, Voltsun Labs (RJ Corp) and PVV Infra, are building big solar panel and cell factories in Andhra Pradesh.
They will spend over ₹2,500 crore together and create many jobs.
The state government is helping them with land and support to build quickly.
These factories will use new, efficient solar technologies.
RJ Corp's Voltsun Labs to invest ₹1,743 crore in 2 GW solar manufacturing facility in AP.
PVV Infra to invest ₹750 crore in 1 GW N-Type TOPCon solar cell manufacturing unit in AP.
Both projects aim to create significant jobs and strengthen AP's clean-tech cluster.
AP government facilitating infrastructure and offering incentives for both projects.
Projects use advanced technologies like TOPCon and bifacial for solar cells and modules.
- Who
- Voltsun Labs (RJ Corp) and PVV Infra
- What
- Establishing solar manufacturing facilities
- Where
- Andhra Pradesh
- When
- Projects to commence soon; approvals granted
- Why
- To strengthen AP's clean-tech cluster and create jobs
Government Support
Project Details
Incentives and Facilitation
Government Support
AP government providing land, infrastructure, and incentives for both projects.
Project Details
Voltsun Labs: 37 acres, PVV Infra: 30 acres
Job Creation and Economic Impact
Government Support
Projects to create 765 direct jobs and over 450 indirect jobs.
Project Details
Voltsun Labs: 2 GW capacity, PVV Infra: 1 GW capacity
Key facts
- Total Investment
- Over ₹2,500 crore
- Total Capacity
- 3 GW (Voltsun: 2 GW, PVV Infra: 1 GW)
- Job Creation (Direct)
- 765 jobs (Voltsun: 415, PVV Infra: 350)
- Job Creation (Indirect)
- Over 450 jobs (PVV Infra)
- Technology
- TOPCon, bifacial
- Policy Support
- AP Industrial Development Policy 2024–29
Quotes
PVV Infra
A prominent player in the renewable energy sector
“PVV Infra will leverage its strengths in investment, technology, planning, design and equipment sourcing to establish and operationalise the advanced TOPCon solar cell manufacturing unit.”
thehindubusinessline.com
Sources
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