AP set to turn into solar energy hub

aving set an ambitious target of adding a minimum total solar power capacity of 5,000 mw in the next five years, Andhra Pradesh is now turning into a major hub for solar energy manufacturing facilities in the country.

Major players including Essel Infraprojects, Golden Concord Holdings, Trina Solar Science and Technology Energy and Xi’an Longi Silicon Materials Corporation are already at various stages of setting up manufacturing facilities in AP with an estimated investment of around Rs 18,200 crore and employment opportunities for around 19,000 people. According to industries department sources, several other firms are also keen on investments in AP and expected to head to the state in the coming months.

“The government is looking at promoting solar energy in the state considering that AP has a natural advantage in terms of the weather wherein nearly 300 days are sunny in the state. AP will aim to become the renewable energy manufacturing hub for India by the turn of this decade,” said an industries department official. Read More…