From The Economic Times · Reuters · · 40s
Navitas Solar Invests $1 Billion in Clean Energy
Navitas Solar to expand clean energy production with $1 billion investment in India.
In brief
Navitas Solar to expand clean energy production with $1 billion investment in India. Navitas Solar will invest $1.04 billion over five years in Gujarat and Maharashtra to build solar cells, batteries, and renewable power plants. Originally reported by The Economic Times.
Investment Plan
Navitas Solar plans $1.04 billion investment over five years in Gujarat and Maharashtra.
Solar Cell Plant
Building 2.4 gigawatt solar cell plant in Gujarat starting July 2027.
Battery Storage
Developing 5 gigawatt-hour battery storage facility in Vadodara.
Solar Parks
Constructing 200-megawatt and 25-megawatt solar parks in Maharashtra.
Capacity Expansion
Expanding from 3 GW to broader clean energy presence in India.
The key point
Navitas Solar will invest $1.04 billion over five years in Gujarat and Maharashtra to build solar cells, batteries, and renewable power plants.
