Grew Energy Pvt. Ltd., a rapidly expanding leader in India’s solar manufacturing sector, has entered into a significant Module Supply Agreement with BluPine Energy Pvt. Ltd. for a prominent solar project located in Banaskantha, Gujarat. This agreement marks a notable advancement for Grew Energy as it continues to solidify its standing in the Indian solar industry.
BluPine Energy, a company supported by the global investment firm Actis, has secured an impressive $800 million investment through Actis’ Energy Fund 5. BluPine Energy is on a mission to develop a substantial renewable energy portfolio, aiming for over 4 gigawatts (GW) of capacity across India.
This strategic partnership underscores Grew Energy’s growing influence as a leading solar module manufacturer within the nation. Specifically, Grew Energy’s advanced TOPCON Modules are becoming increasingly popular among commercial and industrial solar projects. These modules are recognized for their superior efficiency and performance, which is a key factor in their demand.
Hardip Singh, Chief Operating Officer of Grew Energy, expressed enthusiasm about the new collaboration, noting, “This order signifies a notable acknowledgment of our dedication to offering cutting-edge products such as our TOPCON Modules. We are committed to delivering high-caliber solar solutions and are appreciative of BluPine Energy’s confidence in our technology and services.”
Grew Energy remains focused on its goal of broadening the availability of solar energy both within India and on a global scale. Through partnerships like the one with BluPine Energy, the company continues to advance its mission of promoting sustainable living. This latest agreement represents a crucial step in Grew Energy’s ongoing efforts to enhance the reach and impact of solar power.
By aligning with BluPine Energy’s ambitious plans, Grew Energy is contributing to the broader goal of increasing the adoption of renewable energy sources. As India strives to meet its renewable energy targets and reduce its carbon footprint, collaborations such as this one play a vital role. Grew Energy’s commitment to innovation and quality in solar technology positions it as a key player in the country’s transition to cleaner energy solutions.
The partnership with BluPine Energy not only reinforces Grew Energy’s status in the market but also supports the broader movement towards sustainable and responsible energy consumption. This Module Supply Agreement highlights a significant milestone for Grew Energy and reflects its ongoing dedication to advancing solar technology.
Grew Energy Pvt. Ltd. is a leading Indian solar module manufacturer, renowned for its innovative TOPCON Modules. BluPine Energy Pvt. Ltd. is focused on expanding India’s renewable energy capacity, backed by Actis’ $800 million investment from Energy Fund 5. Both companies are dedicated to advancing sustainable energy solutions and driving significant growth in the solar sector.
