1.1 GW Solar Order For GCL SI in India

• GCL SI secures 1.1GW of N-type high-efficiency solar modules for SAEL Industries Limited in India, one of the biggest PV module procurements in recent years. GCL SI's new N-type cell factory in China provides additional capacity to meet SAEL's ambitious 2GW annual installation goal.

GCL SI has secured an order to deliver 1.1GW of its N-type high-efficiency solar modules in India. The framework agreement was signed with local PV projects developer SAEL Industries Limited and is described as one of the biggest PV module procurements in the Indian market in recent years. GCL SI, part of the Golden Concord Group (GCL), has multiple manufacturing facilities located in China, including a new N-type cell factory in Wanzhi district, Wuhu City which started production earlier this month. This order will provide a boost to GCL SI's operations in India, helping them to meet SAEL's ambitious plans of installing 2 GW of ground-mounted PV projects annually.

What Impact Will GCL SI's 1.1GW India Order Have?

• The 1.1GW PV module order will enable GCL SI to further expand its market presence in India, solidifying its position as a major player in the Indian solar market.
• This order will help to reduce India's reliance on unsustainable energy sources, providing an eco-friendly and cost-effective alternative.
• The large scale order will create job opportunities and economic growth in India, leading to increased investment and development in the Indian solar sector.
• The N-type cells provided by GCL SI have higher efficiency than traditional P-type cells, allowing for the production of more energy with less modules. This will result in lower costs per watt for the projects using GCL SI modules
• SAEL’s ambitious plan of 2GW of solar projects being installed annually will help to increase the share of renewable energy sources in India’s energy mix, contributing to the nation's goal of achieving 175GW of renewable energy by 2022.