Mondragon Assembly, the Spain headquartered turnkey solar PV equipment manufacturer, has bagged a multi-GW order from Indian facilities management and solar EPC company BVG India Ltd – and will build a 500 MW module manufacturing line under phase I.
The new turnkey module line will be highly automated and highly advanced technology that will process M10 wafer sized cut cells from Q2/2023 when it comes online in Greater Noida, Uttar Pradesh. It will be able to roll out 2,000 modules a day.
Mondragon said the line will be fully upgradable to next generation modules and cells sizes between M3 to M12 and up to 15 busbars. It will also give an option to produce glass glass and/or glass-backsheet modules.
BVG India, that counts Indian President's house Rashtrapati Bhawan, Prime Minister's Office & Residence, Supreme Court of India, among its clients, will mark its foray into solar PV manufacturing with this move. It will supply modules to tier I solar EOC companies in India and abroad.
"There is huge demand of high-quality and high-wattage modules in India and in countries like the US, Europe, Australia, Canada, and New Zealand. With this new world class line, we want to take advantage of this market situation with making EPC projects viable to develop with quality and competitive pricing," shared COO of BVG Clean Energy Ltd, JS Bhatia.
Mondragon said the project is supported with certain percentage funded by the Corporate Internationalization Fund (FIEM) which is a public instrument managed by the Spanish Secretary of State for Trade. It promotes the presence of Spanish companies and products abroad.
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