Cliantech bags multi-gigawatt deal from INA Solar, boosting renewable energy capacity

Cliantech Solutions, a leading supplier of solar module manufacturing equipment, has secured a multi-gigawatt order from solar PV module producer INA Solar. This partnership is set to boost production capacity and address the increasing demand for solar energy solutions. The collaboration marks a significant move towards enhancing efficiency and scalability in solar module manufacturing, supporting global renewable energy objectives.

To cater to the increasing demand, INA Solar is ramping up its solar module production capacity to multi-gigawatt levels, solidifying its role as a key player in India's green energy transition. The company is also establishing new manufacturing facilities for solar cells and aluminium frames to support its growth. Last month, INA Solar secured INR 402 crore from investors through a preferential allotment of equity shares, providing crucial funding for its ambitious expansion plans.

Insolation Energy (INA Solar), an Indian solar energy provider and manufacturer, recently signed a Memorandum of Understanding (MoU) with the Rajasthan government, pledging INR 10,000 crore for renewable energy initiatives, including solar power generation, rooftop solutions, and solar parks. The company also has a robust order pipeline. Notably, it secured an INR 208.32 crore order from Zetwerk Manufacturing Business to supply 550 Wp solar PV modules for NTPC's Khavada project in Gujarat. Additionally, INA Solar received an INR 71.40 crore order from ACME Cleantech Solutions for solar PV modules. Both orders are scheduled for fulfilment in FY 2024-25.

Cliantech has partnered with leading technology providers to deliver advanced manufacturing solutions to realise this vision. For this project, the company will incorporate cutting-edge systems from GAORUN (line automation), Visual (laminators), Asicpy (EL Tester), and HSPV (Sun Simulator/IV Tester), ensuring exceptional quality and cost efficiency.

Founded in 2019, Cliantech Solutions has earned a reputation for its state-of-the-art solar module manufacturing equipment. Backed by a team with over two decades of collective experience in the solar industry, the company has successfully implemented numerous equipment installations, achieving a cumulative capacity of approximately 30 GW across India.