First Solar to invest another $150 million in India
In short
First Solar says it will put another $150 million into India.
The company is also upgrading its technology and expects total investment to get close to $1 billion over the next few years.
What the reporting says
First Solar plans to invest another $150 million in India as the company pushes a technology upgrade and seeks policy certainty, according to a publisher-supplied company summary. The report says cumulative investments are expected to approach $1 billion in the next few years.
Why it matters
It also says cumulative investments could approach $1 billion over the next few years. The story points to the solar manufacturer’s continued India expansion and its call for policy certainty, but gives no project timeline or site details.