On Oct 25, AmpIn Energy Transition announced a strategic partnership with Jupiter International to establish a joint venture (JV) dedicated to solar manufacturing. According to AmpIn Energy, the JV will establish a cutting-edge manufacturing facility capable of producing up to 1.3 gigatonnes of high-quality solar cells and modules under the government of India's PLI tranche -II scheme.

The PLI initiative supports the Indian government's goal of increasing manufacturing, reducing global supply chain disruptions, and decreasing India's reliance on solar imports.

As AmpIn delves into manufacturing, it aims to enhance its grip on the supply chain for essential components, it added. The appetite for India-produced solar cells is robust and as favorable policies take root, production costs are anticipated to drop, giving the industry a competitive edge.

In Himachal Pradesh, Jupiter International already has an 800-megawatt solar cell manufacturing base. It is a heritage company with over 15 years of experience in manufacturing global quality, high-efficiency solar cells, as well as a track record of manufacturing excellence and continuous technological advancement.

The company has been forward-thinking and has navigated the solar industry's turbulence by constantly investing in its technical competence.

The collaboration aims to capitalize on Jupiter's extensive experience and AmpIn's unwavering commitment to providing its customers with the lowest-cost renewable energy possible. The modules will be consumed locally by AmpIn and supplied to third-party developers under the terms of the JV, propelling both domestic and export growth in India's renewable sector.