Energy America USA, a solar module manufacturer and engineering, procurement, and construction (EPC) firm based in United States, has announced its ambitious plans to expand its operations in India.
It may be noted that the company’s decision has come amidst a strategic move to capitalize on India’s rising renewable energy sector and to meet escalating global demand for solar modules.
The new facility has a production capacity of 2 GW. This expansion is significant for Energy America USA’s aim to bolster its market presence significantly. The firm noted, “ The facility will not only cater to the domestic market but also serve as a key hub for global exports, positioning the company to capitalize on international markets hungry for cutting-edge solar technologies.”
Energy America USA’s CEO affirmed the company’s commitment to innovation, highlighting that the new facility will manufacture state-of-the-art solar modules, including Topcon and next-generation models. This strategic move aligns with the company’s vision to deliver high-quality, innovative solar solutions worldwide.
“The decision to expand into India was bolstered by favorable governmental policies promoting renewable energy and the country’s ambitious targets for solar energy production,” he said.
This expansion is expected to drive not only the economic growth but also create numerous job opportunities locally, reinforcing Energy America USA’s dedication to sustainable development, said the firm.
By enhancing manufacturing capabilities in India, Energy America USA aims to make solar energy more accessible and affordable worldwide, contributing to a greener and more sustainable future.
However, Energy America USA’s strategic expansion into India marks a significant milestone in its mission to lead the global renewable energy market with cutting-edge solar technologies.
Source link : https://www.energetica-india.net/news/energy-america-usa-to-expand-solar-module-manufacturing-in-indiatargets-global-market-growth
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Publish date : 2024-07-09 02:31:22
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