Jakson Solar to invest $525 million in cell, ingot and wafer plants in India

FinanceInternationalInspenetOct 26, 2026, 1:46 PM40 s readAI summary

India's Jakson Solar plans an investment of up to 50 billion rupees, about $525.2 million, to expand its photovoltaic component manufacturing. The plan includes new facilities to produce 3 GW of solar cells and another 3 GW of ingots and wafers. Managing director Ivan Saha announced it at the Renewable Energy India Expo. Output will go mainly to the open market and aims to meet local demand and reduce reliance on imported materials.

In 40 seconds

Investment of up to 50 billion rupees, about $525.2 million, in new plants in India
The facilities will add 3 GW of solar cells and 3 GW of ingots and wafers
Cells are expected to start operating before December 2027 and ingots and wafers in the third quarter of India's fiscal 2028

Read the full story at Inspenet

IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

energía solar
India
inversión
fotovoltaica
manufactura

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Jakson Solar to invest $525 million in cell, ingot and wafer plants in India

In 40 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

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