Recovery & Growth at RenewSys!
RenewSys India Pvt. Ltd., is pleased to announce an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 2 GW). Similarly, the Backsheet capacity is being expanded to 4 GW (from the existing 3 GW).
These investments being made by RenewSys have been encouraged by the growing domestic solar PV industry and are based on government’s policies to promote local manufacturing (#Vocalforlocal) through various initiatives under the Aatmanirbhar Bharath Abhiyaan.
Speaking at the occasion Mr. Avinash Hiranandani, Global CEO & Managing Director, RenewSys India said, “The Indian solar industry is growing at a steady pace. To be competitive however, we need indigenous manufacturing to keep up with global advances in technology in both the PV module and PV component manufacturing areas.
The Encapsulant and Backsheet components of a module have a significant role in the performance and life of solar modules. Our investments in technology, R&D and capacity expansion will help India and RenewSys maintain the foothold we have established as a key player in the global market.”
Currently RenewSys is India’s largest producer of indigenously formulated Encapsulants and Backsheets and is among the top five manufacturers worldwide. Established in 2012, the RenewSys Bengaluru facility has supplied nearly 9 GW of Encapsulants and Backsheets the world over. It houses state of the art equipment and is home to several innovations and firsts including India’s first commercially launched, UL certified POE and India’s first Backsheet patent.
RenewSys Bengaluru also boasts of India’s 1st and only dedicated Encapsulant and Backsheet testing facility
that is NABL accredited (#DrPV). It provides on-demand access to Project Developers and Module
Manufacturers across the country.