By PTI | New Delhi
Inox Clean Energy said its wholly-owned subsidiary Inox Solar has signed an initial agreement with LONGi (HK) Trading to supply up to 5 GW of solar modules over the next three years for the Indian market.
Inox Solar Ltd has signed a Memorandum of Understanding (MoU) with LONGi (HK) Trading to this effect, the company said in a statement.
“Aligning with a global leader like LONGi allows us to accelerate our journey toward manufacturing excellence. This partnership will help ensure that the Indian market continues to have access to advanced and competitive solar technologies,” Kailash Tarachandani, Group CEO Renewables, INOXGFL Group said.
Last month, the company had commenced production at its solar module manufacturing facility in Bavla, Ahmedabad, Gujarat.
The fully-automated plant, equipped with cutting-edge technology, manufactures N-type TOPCon solar modules using M10, G12R, and G12 solar cells, a company statement said.
Inox Clean Energy Ltd’s wholly-owned subsidiary, Inox Solar Ltd, had announced the commencement of production at its solar module manufacturing facility in Bavla, Ahmedabad, Gujarat, with the first phase capacity of 1.2 GW from its 3 GW plant, according to the statement.
Inox Green Energy Services Limited was originally incorporated as a public limited company under the Companies Act, 1956 on 11th May, 2012 as Inox Wind Infrastructure Services Limited. The Company received a certificate of commencement of business on 14th June, 2012 from the Registrar of Companies, Gujarat, Dadra and Nagar Haveli.
The name of the Company was changed to Inox Green Energy Services Limited with effect from 27th October, 2021.
The Company is a subsidiary of Inox Wind Limited and is a part of the INOXGFL Group which principally operates in the speciality chemicals and renewable energy sectors and has historical connections with the wider Inox Group which commenced operations in 1923.
The Company is engaged in the business of providing Operation & Maintenance (O&M) services and common infrastructure facilities for Wind Turbine Generators.
Also Read: InoxWind to pump Rs 400 crore into Karnataka’s Koppal: Minister Patil
