29 March 2024 – Luminous Power Technologies, known for energy storage solutions, has opened a solar panel factory in Uttarakhand with a 250 MW production capacity, expandable to 1 GW.
The company, specializing in inverters and batteries, aims to create an end-to-end solar energy management ecosystem with its new fully automated plant in Rudrapur, Uttarakhand. The solar panel factory is equipped with cutting-edge technologies, including fully robotic automation for high-quality module production, making it a pioneer in future module technology in India.
Vision for Net-Zero and Growth:
Preeti Bajaj, MD and CEO of Luminous Power Technologies, highlighted the company’s commitment to India’s Net-Zero journey and its strategic focus on solar energy as a major growth enabler. The factory can manufacture various types of solar panels, offering expertise in managing residential and commercial rooftop solar requirements. It also features a state-of-the-art PV module evaluation lab.
Luminous has partnered with the University of New South Wales for solar panel projects, emphasizing reliability, value engineering, and sustainability in its solar business.
Conclusion:
Luminous Power Technologies’ new solar panel factory signifies its dedication to renewable energy and sustainable practices, aligning with India’s renewable energy goals. The advanced manufacturing capabilities and strategic partnerships position the company as a leader in the evolving solar energy market.
