Jupiter International Pledges INR 2,005 Crore Investment for Solar Manufacturing in Odisha

Jupiter-Receives-Funding
Image Courtesy: Jupiter International

Jupiter International has reached an agreement with the Odisha government to invest INR 2,005 crore in establishing a solar manufacturing plant in the state. The investment will be made through its subsidiary, Jupiter Renewables, and will focus on setting up a facility with an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules. The MoU was signed at the Utkarsh Odisha – Make in Odisha Conclave 2025.

Alok Garodia, Managing Director of Jupiter International, stated, “This investment is a significant step towards realizing our vision of building a fully integrated solar manufacturing ecosystem in India. This facility will strengthen the solar supply chain, supporting the nation’s transition to clean energy.”

Jupiter International is placing a strong focus on technological leadership by making substantial investments in research and development (R&D) as well as advanced manufacturing techniques. These R&D efforts are designed to not only improve the performance and durability of the company’s solar products but also to meet the ever-evolving demands of a competitive market. A key part of these initiatives is the adoption of TOPCon Technology, a cutting-edge development aimed at significantly boosting the efficiency and longevity of solar cells. This innovation-driven investment strategy reinforces Jupiter International’s strong position in the solar industry, allowing the company to provide high-performance, cost-effective, and sustainable solar solutions. With a forward-looking approach, Jupiter is playing a vital role in addressing the growing renewable energy demand in India, positioning itself as a leader in the country’s rapidly expanding renewable energy sector. for 5 seconds

Jupiter International is emphasizing technological leadership by channeling significant investments into research and development (R&D) and adopting advanced manufacturing techniques. The company is committed to targeted R&D initiatives that not only enhance the performance and durability of its solar products but also respond to the dynamic challenges of a competitive market. A pivotal aspect of this strategy is the adoption of TOPCon Technology—a state-of-the-art innovation designed to dramatically boost solar cell efficiency and longevity.

This forward-thinking, integrated investment approach further solidifies Jupiter International’s position in the solar industry. By focusing on high-performance, cost-effective, and sustainable solar solutions, the company is well-equipped to meet the growing demands in India’s renewable energy sector. Ultimately, these efforts underscore Jupiter International’s commitment to driving innovation and setting new benchmarks in the industry.

Founded in 2008, Jupiter has established itself as a significant force in the solar energy sector by integrating cutting-edge technology, local manufacturing expertise, and a commitment to quality. Its state-of-the-art manufacturing facility in Himachal Pradesh boasts an annual production capacity of 1 GW of high-efficiency solar photovoltaic (PV) cells, contributing to impactful and sustainable energy solutions.