GenX PV to Produce 18,000 Metric Tons of Aluminium Frames Annually at New Raipur Facility
GenX PV India has announced setting up of a fully integrated aluminium frame manufacturing facility in Raipur by early 2025 to produce 18,000 metric tons of aluminium annually.
October 14, 2024. By Mrinmoy Dey
This facility will provide end-to-end solutions, including extrusion, anodising, and cutting, enhancing GenX PV’s ability to manufacture aluminium frames in-house.
The Raipur facility, along with backward integration of the junction box, will help GenX PV solidify its position as a comprehensive provider of solar panel materials. The company aims to increase its Bengaluru manufacturing plant’s capacity of junction boxes from 20 GW to 50 GW by FY25.
Commenting on the development, Piyush Agarwal, Founder and Managing Director, GenX PV said, “With our fully integrated aluminium frame facility and backward integration into junction box manufacturing, GenX PV is not just expanding its capacity but redefining the end-to-end ecosystem for solar panels. Our innovative product portfolio, which includes advanced diodes and precision-engineered components, ensures we are meeting the demands of tomorrow’s solar energy landscape. By controlling every aspect from raw materials to finished products, we are delivering unmatched quality and efficiency to our customers.”
Additionally, the company has projected a revenue jump from INR 200 crore in FY24 to INR 900 crores by FY25. The company remains committed to R&D, producing advanced, compact, and efficient solar solutions, ensuring top-notch quality through rigorous testing and innovative technology integration. According to the company, the inclusion of bigger diodes, stringent quality checks, and adherence to V0 flammability standards further sets GenX PV apart in the solar industry.
please contact: contact@energetica-india.net.
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