Jupiter International has announced plans to establish a state-of-the-art solar cell and module manufacturing facility in Odisha with an investment of ₹2,000 crore. The facility will be developed through its subsidiary, Jupiter Renewables, and will significantly contribute to India’s renewable energy goals.
Key Project Details
The upcoming unit will have an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules. This initiative aligns with India’s push for domestic solar manufacturing and aims to strengthen the country’s clean energy supply chain.
The Memorandum of Understanding (MoU) for the project was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025, a flagship investment summit held in Bhubaneswar.
Strategic Importance
Alok Garodia, Managing Director of Jupiter International, highlighted the project’s significance, stating, “By integrating advanced solar cell and module manufacturing, this facility will help strengthen and create a sustainable supply chain that supports India’s clean energy transition.”
The project is expected to generate employment opportunities in the region while enhancing India’s self-reliance in solar technology. It will also help reduce dependence on imports for critical solar components.
Expansion Plans
This investment is part of Jupiter International’s broader expansion strategy. Over the next three years, the company aims to scale up its production capabilities, targeting:
- 3 GW wafer capacity
- 9.4 GW solar cell capacity
- 6 GW module production
By developing high-efficiency solar cells and modules, Jupiter International aims to support India’s renewable energy ambitions and contribute to achieving its sustainability targets.
The Odisha government has been actively attracting investments in the renewable energy sector, offering incentives and infrastructure support. This project aligns with the state’s efforts to become a key hub for green energy manufacturing.