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Andhra Pradesh is to receive an investment of INR 6,863 crore (~ $720 million) from Jakson Group, an India-based solar module manufacturer, for an integrated solar manufacturing plant. The plant is to produce 10 GW of silicon ingots and wafers and 5 GW of solar cells, and it will take Jakson further up the solar value chain. The State Investment Promotion Board has recommended that 290 acres at Meedivemula village in Kurnool district, India, be allotted for the project. The first of the plant’s three phases, which will have 3 GW of ingots and wafers and 3 GW of cells, is to begin commercial production in May 2028. The remaining capacity is scheduled to come on stream by 2030.
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