Longi, the Chinese solar energy company is all set to build an infrastructure in Andhra Pradesh that will generate 1 GW of solar energy. The announcement was done a month after the announcement of setting up of a bigger facility in China that will generate 5 GW of solar energy.
It will be the first Chinese company in this aspect to set up a solar energy manufacturing facility on the map of India. The first site chosen for the development is in Sri City, Andhra Pradesh. A spokesperson representing the company depicted that the first phase will be built in Sri City. Here, the new facility will have the capability of generating 500 MW of solar power via monocrystalline modules and cells. The first phase of this project will attract an estimated investment of INR 1700 Crore.
The spokesperson also added that Longi, the solar power company, previously undertook a similar project of generating 500 MW in the year 2016. The solar power giant will begin the construction of the unit during its Andhra Pradesh Investment Summit in the month of February this year. The production of solar power will start from the end of 2018 or at the beginning of next year.
The spokesperson said, “The local government will support the project by preferential policies relating to the power supply, water supply, taxation, waste-water processing, education/training and international certification for a three-year term.”
The Indian Government, in November 2017, announced bigger plans to promote the production of solar power via domestic industries. The government aims to generate 20 GW of solar power.