KPI Green Energy Secures 300MW Supply Agreement with PV Manufacturer Emmvee for Gujarat Solar Project

Credit: Emmvee

Indian independent power producer (IPP) has inked a supply agreement with PV manufacturer Emmvee for 300MW of bifacial mono-PERC modules. The solar panels resulting from this collaboration will play a crucial role in the development of a 240MW solar plant located in , 's western state.

With the delivery timeframe spanning between June 2024 and May 2025, some modules are slated for dispatch as early as March 2024. Gujarat, the second-highest state in India in terms of solar PV pipeline capacity, boasted over 9.6GW by the close of 2022, ranking just behind , according to data from clean energy research firm Bridge to India.

Emmvee, having forged a partnership with the German solar research center last year, is making strides in solar cell manufacturing in southern India. The collaboration aims to establish a 1.5GW solar cell manufacturing plant near Bangalore, with a production line featuring mono passivated emitter and rear cell (PERC) and tunnel oxide passivated contact (TOPCon) cells.

While the completion timeline for the plant remains undisclosed, Emmvee anticipates achieving a domestic Indian annual cell capacity of 1.5GW by 2024. Notably, in 2021, the company signed a memorandum of understanding with the government of Karnataka to establish a 3GW cell and module assembly plant in the state.

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