homebusiness Newscompanies NewsAdani Solar premieres India's first large sized monocrystalline silicon ingots in Mundra

Adani Solar premieres India's first large-sized monocrystalline silicon ingots in Mundra

The monocrystalline ingots will drive energy swaraj by producing renewable electricity from silicon-based PV modules with efficiencies ranging from 21-24 percent. Shares of Adani Enterprises Ltd ended at Rs 3,902.95, down by Rs 261.30, or 6.27 percent on the BSE.

By Jomy Jos Pullokaran  Dec 21, 2022 7:41:50 PM IST (Published)

2 Min Read

Adani Solar, the solar PV manufacturing arm of Adani Group, on Wednesday, introduced India's first large-sized monocrystalline silicon ingot. Inaugurated by Gautam Adani at its Mundra facility recently, the monocrystalline ingots will drive indigenisation to produce renewable electricity from silicon-based PV modules with efficiencies ranging from 21-24 percent, the company said in an exchange filing on December 21.
Adani Solar is the first company in India to complete the backward integration of ingot line infrastructure in a record time of about seven months, making significant progress towards the goal of energy swaraj. The new manufacturing line will produce silicon ingots exclusively for its solar wafers, cells and modules production, it said.
With this, Adani Solar becomes the sole producer of large-sized monocrystalline silicon ingots in India which shall be a critical link in the photovoltaic crystalline silicon industry value chain and drive towards a self-reliant India in the near future, the company said.