WattPower, a prominent player in the renewable energy sector, has inaugurated a cutting-edge solar inverter manufacturing facility in Tamil Nadu’s Chennai district, signaling a significant advancement for India’s solar energy industry. The factory, sprawling across 3.5 acres of land, stands out for its commitment to sustainability, with 40% of the area dedicated to lush greenery.
This impressive venture, backed by an initial investment of $172 million in its first year, boasts an impressive annual production capacity of 10 GW. WattPower aims to make a substantial impact on the Indian solar PV industry by delivering state-of-the-art string PV inverters.
WattPower’s foray into Tamil Nadu is not only about technological innovation but also about contributing to the nation’s job market. The factory is set to generate a total of 180 direct and indirect job opportunities, aligning with India’s mission to empower its workforce.
The move also signifies WattPower’s dedication to accelerating the growth of renewable energy in India. The manufacturing of solar inverters with a 10 GW capacity is a strategic step in bolstering the renewable energy sector, which plays a pivotal role in India’s sustainable future.
In sum, WattPower’s state-of-the-art manufacturing facility represents a significant milestone in the Indian renewable energy landscape. It not only showcases the company’s commitment to sustainable energy solutions but also strengthens India’s position in the global renewable energy sector.
