Plans Announced for 150MW Thin-Film Solar Factory in India
SUSTAINABLE BUSINESS - KSK Surya Photovoltaic Venture, Private Limited (KSK), a subsidiary of KSK Power Ventur plc, an independent power provider in India, has signed a contract with Applied Materials Inc. (Nasdaq: AMAT) to purchase thin film manufacturing lines with an annual capacity of 150 megawatts (MW). As planned, it would be the largest solar photovoltaic (PV) factory in India.
Total project cost is estimated at US$500 million.
Two Applied SunFab™ Thin Film Lines for manufacturing 5.7-square-meter solar panels will be installed in a new facility KSK plans to build in Hyderabad, India.
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