At an estimated cost of $500 million, the facility located in Hyderabad would be the largest solar PV factory in India. “Since India receives among the highest amount of solar radiation in the world, it must become a leader in solar power-generation technology. Our alliance with Applied Materials will help KSK play a significant part in India’s new Solar Mission to build 20 GW of solar power by 2020,” Mr. T.L. Sankar, KSK Group Chairman, stated.
Two Applied Materials SunFab™ thin-film lines for manufacturing 5.7-square-metre solar panels will be installed in the new facility in Hyderabad. KSK also signed a service contract with Applied Materials covering the first five years of production.
“We believe that thin film silicon is the best solar module technology for conditions on the ground in India,” said Mr. Anil Kutty, Managing Director of KSK Surya Photovoltaic Venture, Private Limited.
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