Indian renewable energy company Avaada Group has laid the foundation stone for its new manufacturing facility, Avaada Electro, at Addl. Butibori Industrial Park in Nagpur, Maharashtra.
The new facility, part of Avaada’s INR 13,650 crore ($1.4 billion) investment, will house a vertically integrated solar manufacturing unit with production from billet wafers to PV cells and modules. It will also produce next-generation batteries and electrolyzers.
Avaada also plans to improve domestic supply chains by establishing support units to ensure timely delivery of PV modules. These units will focus on the production of glass, aluminum frames, junction boxes and other components.
In the first phase, Avaada will set up the wafer-to-module project with a planned capacity of 5 GW for solar cells and 3 GW for modules. These cells will support the company’s existing Dadri module factory, using TOPCon cell technology to ensure the production of high-efficiency cells and modules.
“The project is expected to create more than 5,000 new jobs in various functions. In addition, Avaada is committed to working with local Industrial Training Institutes (ITIs) to support skills development, especially for operators and technicians, to ensure a strong talent pipeline. Avaada also partners with NSDC and NCVET to focus on training, upskilling and reskilling the workforce. Notably, the factory aims to have 60% of its workforce made up of women, a bold step towards building a diverse and inclusive work environment,” Avaada said.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.