By Our Staff Reporter
Dehradun, 1 Feb: Luminous Power Technologies announced on 27 January its new state-of-the-art solar panel manufacturing plant in Uttarakhand. Located in the industrial region of Rudrapur, this state-of-the-art facility will be equipped with the latest technology to design and produce high-quality solar panels to be used for both residential and commercial applications. The new manufacturing plant will play a vital role in expanding the company’s solar portfolio and is expected to be fully operational by the end of this year.
Luminous Power Technologies has been making strides towards becoming the leader in the renewable energy storage domain in the country. Once operational, the facility, spread across 4.5 Lakh sq ft/10 acres will help enable a solar production capacity of 500 MW per annum, expandable up to 1 GW, producing a range of solar panels with a power output of 40W to 600W. With the commencement of this factory, Luminous would establish its first facility in solar panel manufacture. It will enable Luminous Power to fulfill the increasing demand for solar energy products across India. The project is aligned with the company’s continued commitment to provide energy security, energy equity, and energy sustainability to the consumers.
Commenting on the occasion, Preeti Bajaj, CEO and Managing Director, Luminous Power Technologies, said, “We are excited to announce the set-up of our first solar panel facility in Rudrapur, Uttarakhand. The plant not only allows us to expand our solar portfolio to meet the growing demand for renewable power in India, but it also reaffirms our continued commitment to the economic development of the state of Uttarakhand.”
According to Rajiv Ganju, Sr Vice President, Global Supply Chain, Luminous Power Technologies, “The plant has been certified as a green facility by the Indian Green Building Council (IGBC) and will significantly mitigate concerns around CO2 emissions, with an estimated reduction of more than 70 million tons per year. This solar panel facility is fully robotic and will use 100% energy from solar power. To ensure that its manufacturing processes are sustainable, the facility meets all relevant manufacturing standards. There is an in-house STP and there are zero effluents generated from the factory and zero water discharge.”
The annual production capacity of the facility will be equivalent to the carbon sequestration of planting 1 crore trees, making a major contribution to the reduction of CO2 emissions.