Fujiyama Power Systems to set up 1.2 GW solar cell plant
In short
Fujiyama Power Systems is setting up a 1.2 GW solar cell plant in Maharashtra. The project is expected to start making solar cells with TopCon technology by the end of the current fiscal year.
This could help the company control more of its supply chain. The report does not say how much it will cost or where exactly in Maharashtra it will come up.
What the reporting says
Fujiyama Power Systems is setting up a 1.2 GW solar cell plant in Maharashtra to strengthen its value chain. The publisher-supplied summary says the greenfield project is expected to begin solar cell production using advanced TopCon technology by the end of the ongoing fiscal year. The reporting does not state the investment size, location within Maharashtra, or any customer impact.
Why it matters
Fujiyama Power Systems is setting up a 1.2 GW solar cell plant in Maharashtra, with production expected to start by the end of the ongoing fiscal year using TopCon technology. The move is aimed at strengthening the company’s value chain. The reporting does not state the project cost, exact site, financing, or any effect on sales or margins.