India Goes the Solar Way
India has also put its belief behind suitability of solar power for energy needs. Moser Baer India,has entered into a MOU with Chennai for investing Rs 2000 crore in a solar photovoltaic (PV) manufacturing facility.This facility is being planned at the Oragadam-Sriperumbudur SIPCOT SEZ for thin film solar cells.Additionally Moser Baer has also sough 250 acre land in its existing Chennai unit for future expansion plans.Moser Baer is aiming to generate revenues of nearly $1 billion in the coming years through this plant.
The company is also pursuing crystalline solar technology in addition to thin film solar technology.However Moser Baer ,executive director Mr Puri explains that Moser Baer India ,is targeting specifically thin film solar technology on account of the temperature conditions in India.Mr Puri highlights “Not only is thin-film growing much more rapidly than crystalline silicon, it is also ideal for India. Crystalline silicon tends to degrade with higher temperature” .
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