Grew Energy to set up solar manufacturing facility in J&K
Ahmedabad’s Grew Energy is making a big investment! In Jammu & Kashmir, a plant is being constructed to support both the local economy and India’s renewable energy sector. This facility could have a significant impact because it will produce a lot of solar panels and other parts. It could also help the neighborhood flourish positively by bringing jobs.
Ahmedabad's 'Grew Energy' is set to inaugurate a solar manufacturing facility in Kathua (J&K), pledging an investment of ₹4,500 crores.#GrewEnergy #SolarManufacturing #PowerCorridors pic.twitter.com/Tjg3aDUjcZ
— POWER CORRIDORS (@power_corridors) May 12, 2024
Grew is the first renewable energy company in India to open a factory in the state of Jammu. With its state-of-the-art automated machinery and high-tech facility situated in Kathua, Grew is the only solar firm in India to own such unique technology and a cutting-edge production facility.
Recently, the company held a groundbreaking ceremony at the facility. Dignitaries from the Chiripal group, including Ved Prakash Chiripal, Jyoti Prasad Chiripal, JaiPrakash Chiripal, and Brijmohan Chiripal, were present, along with Vinay Thadani, CEO and director of Grew Energy and Hardip Singh, COO of Grew Energy.
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Encompassing an area of eighty acres, this high tech facility plant is expected to produce 3.2GW of high-efficiency modules annually and 2.8GW of ingots, wafers, and cells. It complies with global regulations and is outfitted with sophisticated automated technology.
Mr. Vinay Thadani highlighted the new plant’s revolutionary effect on Jammu & Kashmir’s socioeconomic fabric while expressing gratitude to the government for its support. He emphasized how the facility supports India’s aggressive net-zero goal and creates job opportunities.
Grew Energy wants to become a major participant in India’s renewable energy market by achieving a total manufacturing capacity of 6GW for modules and 2.8GW for solar components by FY25. Focusing on premium Domestic Content Requirement (DCR) modules, the company hopes to support India’s efforts towards energy independence and make a positive impact on global environmental objectives.
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A major boost to renewable energy
As the globe moves toward greener energy sources, the plant, according to the company, will comply with international standards and help meet the rising demand for solar energy both locally and globally.
With its holding brand GREW, Chiripal Renewable Energy Private Limited (CREPL) is dedicated to spearheading India’s shift to renewable energy by accelerating steady growth guided by sustainability, dependability, and responsibility.
On its website, the corporation states that it is reaffirming its commitment to energy independence and building up renewable infrastructure to position India as the next renewable powerhouse.
