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Luminous Power Technologies Commissions Solar Panel Factory in Uttarakhand

Luminous Power Technologies Pvt. Ltd. inaugurated its new solar panel factory in Rudrapur, Uttarakhand, according to information shared by the company on March 29th, 2024.

This facility is spread over an area of approximately 10 acres and has an initial production capacity of 250 MW which can be increased to 1 GW. Luminous will manufacture a variety of solar panels, including polycrystalline, monocrystalline, N-type, and TOPCon, in both monofacial and bifacial configurations. Luminious’ factory can produce these solar modules in 5 busbar to 16 busbar configurations. The company had first announced plans to develop this facility in January 2023.

Commenting on this development, Ms. Preeti Bajaj, MD & CEO of Luminous Power Technologies, said, “Solar will be a significant part of our business, and we see it as a major growth enabler as we aim to double our growth in the next three years”.