Jakson Group set to expand its solar module manufacturing capacity through a recent agreement with Jinchen Corp – EQ Mag
New Delhi, India : Jakson Group, a leading Indian energy conglomerate has signed an agreement with Jinchen Corp,a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand itssolar PV manufacturing capacities further in India upto 3 GW annually and will strengthen its plans to cater international markets.
This overall manufacturing capability of 3 GW will be achieved in a phased-wise manner over the next few years, with this upcoming phase expected to be completed with installation of additional 600 MW towards the mid of 2023, in collaboration with Jinchen Corp. The agreement with Jinchen Corp willaugmentJakson Group’s existing 500 MW facility at Greater Noida and will take the total module manufacturing capacity to 1.1 GW. This new fully-automated line will be equipped to produce latest P type, N type and G-12 modules in both mono-facial and bi-facial variants.
Speaking on the partnership, Mr. Bharat Gupta, Head – Solar (International Business), Jakson Group said “We are glad to have Jinchen Corp onboard with us, and take it as a significant step in our efforts to help the world transition to clean energy. With this partnership,we envisage to get closer to our near-term goal of achieving solar PV manufacturing capacity of 3 GW by FY 2026. Itwill help us meet the growing global demand for solar energy as we plan to export solar modules to international markets too. We are confident that our association with JinchenCorp will be beneficial for both the companies and contribute towards building a sustainable future and achieving the larger goal of carbon neutrality.
On this occasion, Mr. Vikas Singh, General Manager – Indian Operations, Jinchen Corp said, “We have consistently partnered companies operating in the renewable energy space to develop their power generation capacities and accelerate the green energy movement. Jakson Group has a clear vision for developing the global solar power industry. We are proud to be partnering them in their endeavour. Our association with them will provide us an opportunity to showcase our advanced solar module manufacturing technology to the world. Together, we hope to make a difference in creating a more sustainable world.”
About Jakson Group:
Established in the year 1947, The Jakson Group has diversified from a Diesel Generator Manufacturing Organisation into an Energy Solutions Company, providing expertise in the fields of Distributed Energy, Solar Power, Clean Energies, Alternative Fuels, Battery Energy Storage System & EPC – Renewables, Civil and Infra. The Company has an extensive presence throughout India with 4 manufacturing facilities, 30+ Sales Offices and a wide network of channel partners and dealers making it one of the top 10 energy companies in India. The company emphasises on providing superior quality products and offers the most viable & cost-effective solutions to its clients backed by the long standing expertise in the Energy Industry.
About YingkouJinchen Machinery Co., Ltd., hereinafter referred to as “Jinchen Corp”:
Jinchen Corp is a national high-tech enterprise in China, an innovative company focusing on vacuum coating technology, automation technology, and equipment intelligent solutions. Jinchen’s high-end intelligent equipment is widely used in new energy and new material industry, providing industrial intelligent manufacturing solutions around the globe.
Jinchen Corp keeps concentrating on technological innovation and industrial development, and has made major breakthroughs in high-efficiency solar cell PECVD equipment upon TOPCon technology and HJT technology. Now it has more than 500 core technology patents, with 243 invention patents, and has won many honours, such as Key New Products of the Torch Program of the Ministry of Science and Technology of China. Jinchen is one of the world’s leaders in the field of high-efficiency solar cell and high-efficiency solar module manufacturing equipment, and a strong practitioner on implementing China’s national dual carbon goals, “carbon peak” and “carbon neutral”.
Jinchen Corp has always continued to create value for customers with its cost-effective products and services. Adhere to the mission of “To liberate people with Intelligent manufacturing”,Jinchen contributes its wisdom to the country and society.
