EntryIndia LogoEntryIndia

US solar firm plans $300 mn investment in India

Updated Jun 24, 2021 05:21 am

  • Bill Gates’ Breakthrough Energy Ventures-backed 1366 Technologies plans to invest $300 million to set up a 2-gigawatt (GW) solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme, said chief executive and founder Frank van Mierlo.
  • The US-based firm is in talks for an Indian partner, who will handle the module manufacturing part of the production chain and use the equipment to set up solar parks in India.
Read More..

Tags: US solar firm investment in India