Jupiter International to invest Rs. 6,500 Cr in capacity expansion
Jupiter International, a leading manufacturer of photovoltaic solar cells and provider of solar power solutions, announced plans to invest Rs. 6,500 crore over the next three years to expand its capacity across wafer production, solar cell manufacturing, and module assembly.
Commenting on this, Alok Garodia, Managing Director, Jupiter International said, “At Jupiter, we are not just building capacity; we are redefining what it means to be a leader in solar manufacturing. The investment reinforces our commitment to innovation, quality, and sustainability, ensuring we remain at the forefront of the renewable energy transition. We are well positioned to not only meet the surging demand but also to lead the market in both innovation and growth.”
The company’s current manufacturing facility in located at Himachal Pradesh, producing 1 GW of solar photovoltaic (PV) cells annually. With planned capacities of 3 GW for wafers, 9.4 GW for cells, and 6 GW for modules, Jupiter aims to meet the growing market demand. “The integration of wafer production, along with enhanced module assembly capabilities, positions Jupiter as a fully integrated solar manufacturer with complete control over its value chain,” the company said.
Additionally, by fully integrating these processes, Jupiter International aims to establish a robust and seamless supply chain that spans every stage of solar manufacturing. This integration ensures enhanced control over quality standards, improved operational efficiency, optimized costs and further strengthens the company’s ability to deliver reliable, high-performance solar solutions to meet growing market demands.
Also, through R&D initiatives, Jupiter aims implementation of TOPCon Technology, a next-generation innovation, aimed at significantly enhancing solar cell efficiency and longevity.
