WattPower, a solar photovoltaic solutions provider based in Germany, has inaugurated its cutting-edge production facility in Chennai, Tamil Nadu. This development comes in response to the escalating demand for sustainable energy solutions in India, the company said in a release.

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The 3.5-acre facility, which boasts 40 percent dedicated green space, is not merely a production hub but a symbol of hope for a greener future, according to a company release. With an initial investment of $172 million and an annual production capacity of 10 GW, WattPower said it is set to elevate India's solar PV industry to unprecedented heights. Furthermore, this venture will create approximately 180 direct and indirect job opportunities, contributing to the growth of India's employment sector.

Divya Prakash Choraria, the Managing Director of WattPower said, "Our Chennai facility signifies a pivotal moment in our journey towards a sustainable future."

WattPower's technology, specialising in advanced string inverters for solar power systems, promises to revolutionise India's renewable energy landscape. With a presence in 17 countries across Central & Western Europe and South Asia, WattPower has delivered over 17 gigawatts of clean, green, and carbon-neutral energy.

First Published:Sept 25, 2023 4:34 PM IST