"Jupiter International Commits ₹6,500 Crore to Solar Manufacturing Expansion Over Three Years".

Jupiter International, a leading manufacturer of photovoltaic solar cells and provider of solar power solutions, has unveiled plans to invest ₹6,500 crore over the next three years as part of its strategy to become a fully integrated solar manufacturing leader.

The company announced that this investment will enhance its position in the solar sector by expanding its capacity significantly across wafer production, solar cell manufacturing, and module assembly. In a statement released on Thursday, Jupiter revealed its ambitious plans to establish capacities of 3 GW for wafers, 9.4 GW for cells, and 6 GW for modules.

By integrating wafer production with advanced module assembly capabilities, Jupiter aims to achieve full integration across its value chain. This move ensures comprehensive control over quality, operational efficiency, and cost optimization, enabling the company to deliver cutting-edge and reliable solar solutions to meet the growing market demand.

The company highlighted that its seamless and robust supply chain would be critical in maintaining high-quality standards and addressing market needs effectively. “At Jupiter, we are not just building capacity; we are redefining what it means to be a leader in solar manufacturing,” said Alok Garodia, Managing Director of Jupiter International. “This investment underscores our commitment to innovation, quality, and sustainability, ensuring that we stay at the forefront of the renewable energy transition. We are not only prepared to meet surging demand but also to lead the market in both innovation and growth.”

Jupiter’s investment aligns with the increasing global emphasis on renewable energy and positions the company as a key player in driving the transition towards sustainable energy solutions.

HBL