- Jakson has shared the company’s plans to enter solar cell manufacturing but currently doesn’t want to go further upstream
- It currently has an installed module production capacity of 600 MW which it aims to scale up to 1.2 GW by early next year
- The company is also serious about accessing export markets of Europe and US with IEC and UL certified modules
Exhibiting at the Renewable Energy India Expo (REI) 2022, Indian solar company Jakson said it plans to expand its module production capacity in the country from 600 MW now to 1.2 GW in the next 5 months, and by 2024-25 the idea is to venture into solar cell manufacturing locally.
As per the roadmap Jakson’s Associate Vice President-Product Strategy (Solar Business) Vikas Arya shared with TaiyangNews, the company aims to have 2 GW solar cell and 2 GW solar module production capacity by 2024-2025. Beyond cell, however, the company is not considering going further upstream.
The company’s flagship module series Helia has both mono- and bifacial versions. It claims to have been the 1st Indian manufacturer to bring a module with 600W output into the market, having an efficiency of up to 21.39%. Going forward, the manufacturer sees glass-glass bifacial modules picking up in demand.
“While India remains the bedrock of our demand, we want to explore markets beyond as well with IEC and UL certified panels, mainly to Europe and the US,” added Arya.
In July 2022, Jakson also ventured into green hydrogen space with the launch of a new subsidiary called Jakson Green Pvt Limited (JGPL) (see India PV News Snippets). Jakson Green’s Vice President Atul Tare told TaiyangNews that venturing into green hydrogen as an energy company is a natural progression for it.
Jakson Green plans to participate in government tenders for green hydrogen and invest in assets on build-own-operate (BOO) basis. “We aim to export green ammonia to foreign shores, including Middle East North Africa (MENA) region,” added Tare. The group is also active in the solar EPC domain.