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Rudrapur:
Taking a big leap towards strengthening its sustainability and solar endeavours,
Luminous Power Technologies, India’s
leading energy solutions company, inaugurated the Solar Panel Factory in
Rudrapur, Uttarakhand. Contributing to becoming a catalyst for positive change,
the endeavour is aligned with the solar vision and sustainability objectives of
the nation as outlined by the Hon’ble Prime Minister during the landmark launch
of ‘PM Suryodaya Yojana’.
Equipped
with the latest advancements in solar panel manufacturing, the facility boasts
of cutting-edge technology and infrastructure designed to ensure maximum
efficiency and minimal environmental impact. The launch was graced by legendary
cricketer and Luminous Brand Ambassador,
Sachin Tendulkar, accompanied by Preeti Bajaj, CEO & MD, Luminous
Power Technologies, and Manish Pant,
Chairman, Luminous Board & Executive VP – International
Operations, Schneider Electric
The
inauguration of the solar plant marks an important milestone for Luminous, with
the company undertaking strategic business decisions to evolve from
manufacturing a best-in-class product range in the solar, inverter, and battery
categories to building an end-to-end
solar energy management ecosystem. The Luminous solar solutions ecosystem
will also have its flagship Connect X App integrated, offering customers insightful information on real-time
energy consumption and monitoring, solar energy generation, and inverter
performance.
Speaking
at the momentous occasion, Preeti Bajaj, MD & CEO, Luminous Power Technologies, said, “The Solar Panel Factory in Rudrapur is a step forward for
Luminous towards playing a bigger role in India’s road to Net-Zero. Our
investment in this new manufacturing facility underscores our unwavering
dedication to fostering sustainable practices and reducing the carbon
footprint. 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. We
believe that solar is the future, and as demand for clean energy sources
continues to rise, we are committed to being a leading company in this energy
transformation journey.”
Manish
Pant, Chairman, Luminous Board & Executive VP – International
Operations, Schneider Electric, said, “India
has made remarkable progress in the development of solar power capacity in
recent years. The Indian government has taken a lead role, particularly with
the introduction of the game-changing 'Pradhan Mantri Suryodaya Yojana', which
aims to provide solar roof-top to one crore households. The Luminous Solar PV
Panel facility embodies our commitment to the vision of an Atmanirbhar Bharat. This
factory is a significant step towards achieving the collective goal of
Schneider and Luminous to promote net-zero practices and sustainable energy
solutions. With this state-of-the-art facility, Luminous is well-positioned to further
accelerate its solar business, given India's evolving renewable energy market.”
Being
the largest solar panel factory in Uttarakhand, the
factory is spread over an area of 10
acre. It is fully automated
and equipped with the latest and cutting-edge solar module manufacturing
technologies. The plant boasts of being the first in the country to have future
module technology, with fully robotic automation capabilities to manufacture
high-quality modules. Launched with a capacity of 250MW, the
state-of-the-art plant is expandable up to 1 GW.
During the occasion,
Luminous wowed the attendees with the launch of the Luminous Experience Centre
and an Experience on Wheels Bus. Providing
an immersive ecosystem, the experience center offered a virtual tour of the
solar plant and the complete manufacturing process. The Experience on Wheels Bus extended an electrifying experience of
being powered by the sun and living in a space equipped with luminous solar
panels and products.
Luminous has forged a
strategic partnership with The University of New South Wales, Australia, one of
the world’s largest renewable energy school for Solar Panel projects on
Reliability, Value engineering, and component qualification. This partnership
has enabled Luminous to evaluate newer technologies well ahead of the curve and
aids the company's technological prowess.
This plant can manufacture polycrystalline, monocrystalline, n-Type and Topcon
panels both monofacial and bifacial with options to adapt from 5BB to 16BB.
With these capabilities, Luminous becomes an expert in managing all forms of
roof-top solar panel requirements for residential or commercial. This site will
also host a state-of-the-art PV module performance efficiency and reliability
evaluation lab which has the potential to get NABL accreditation in the future.
Luminous Power Technologies is a powerful and
trustworthy brand with a wide range of innovative products in the power backup
and residential solar space that covers inverters Batteries and solar
solutions. Luminous has been in business for 35 years now. Recently CRISIL has
upgraded its credit rating to AAA+. With 6 manufacturing units, more than 28
sales offices in India, and a presence in over 40 countries, our 6000 employees
serve more than 100,000 channel partners and millions of customers. Our motto
has always been Customer Delight through Innovation and passion with a focus on
Execution & teamwork.
However, the price sensitive population finds cost as a major challenge in adopting rooftop solar with 92% finding installation costs a barrier.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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