Jinchen to supply 3GW module production line to India's Waaree Energies
- Solar manufacturing devices supplier Yingkou Jinchen Machinery (Jinchen) is to supply India's Waaree Energies with a 3GW automated production line.
Jinchen has actually authorized a contract with Waaree to supply the assembly line for the manufacturer's facility in Mumbai, where it will certainly be made use of to produce Waaree's high-efficiency solar modules.
The assembly line is to be provided in April 2021 as well as put into operation two months later in June, taking Waaree's complete manufacturing capability to 5GW, cementing its condition as India's largest residential solar module producer.
Jinchen asserted the bargain to represent the biggest such agreement to be signed in between a Chinese equipment service provider and also an overseas module manufacturer.
With India's downstream solar advancement anticipated to settle back right into life this year after a COVID-beset 2020, Waaree has likewise established its sights on the United States market after landing a US$ 105 million, 300MW+ order in the country in September of last year.
