Insolation Energy Limited has received board approval to set up a new solar cell, module, and aluminum frame manufacturing unit in Madhya Pradesh.
The company plans to invest Rs 18 billion in this project, which will be its first manufacturing facility outside Rajasthan. The facility will enhance the company’s capacity to 3 GW for solar cell manufacturing, 4 GW for solar module manufacturing, and 24,000 metric tonne for aluminum frame production.