Goldi Solar Concludes Supply of 24 MW Solar Modules to LS Mills

- Advertisement -

The company said that the modules will be used in a project based in Aviyoor, Virudhunagar District of Tamil Nadu

Solar PV manufacturing company Goldi Solar announced that it has completed the supply of over 24 MW of solar modules to LS Mills, a Tamil Nadu- based textile company. 

- Advertisement -

The company said that the modules will be used in a project based in Aviyoor, Virudhunagar District of Tamil Nadu, commissioned in March 2021. The project used the company’s 71,690 high-efficiency solar panels Goldi 72 GN polycrystalline modules of 335 Wp.

Using its technology, Goldi Solar said that LS Mills is expected to save approximately 37.668 GWh of electricity per annum and help offset over 35,040 tonnes of carbon emissions per year.

Bharat Bhut, Co-founder & Director, Goldi Solar said, “We are proud to support LS Mills in their journey of green energy adoption. We plan to strengthen our base in South India and are expecting more such developments in the future,” 

Talking about the solar company’s product, LS Mills Chairman S Manivannan said, “Their modules also undergo stringent tests and have all the required certifications, making it easier to install and use. They are also a home-grown brand in the Indian solar space and have shown great commitment. We hope that others in the textile industry embrace solar and transition to a carbon-neutral company.”

Goldi Solar’s current production capacity is 500 MW and the manufacturer is looking to expand it to 2.5 GW with a second facility soon.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

Exclusive

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Important Sectors

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Pandemic Boosted Organic LED (OLED) Tablet Penetration

0
Samsung, making OLEDs since 2014, leads the way Emerging tech and declining manufacturing costs making OLED popular Apple expected to bring OLED iPads...

Netflix To Showcase GM EVs in TV Shows, Movies

0
The partnership between Netflix and General Motors (GM) is aimed at exposing people to EVs in a natural way. Netflix announced it would collaborate with...

India’ 22: Premium Segment Share Up by 11%; Overall Fall in Smartphone Shipments

0
Smartphone shipments fell 9% YoY in 2022 in India The premium segment brought 35% of total smartphone market revenue in 2022; Apple led...

ONE Raises $300 mn; Set To Launch LFP Cell Factory

0
Our Next Energy (ONE) raised $300 million in Series B equity led by Fifth Wall and Franklin Templeton Michigan-based energy storage technology company, Our Next...

Manufacturing

Infineon Beats Estimates With Stellar Q1 Results

0
The demand for chips by automakers has led to a steady rise in profits for Infineon. German semiconductor manufacturer Infineon Technologies topped estimates of its...

Honda, GM Partner To Develop Hydrogen Fuel Cell

0
The global hydrogen fuel cell vehicle market is estimated to generate $43,208.3 million by 2031. Japanese automaker Honda Motor Co announced that it would collaborate...

Adding The Edge In The Embedded Edge Market With SiMa.ai

0
SiMa in Hindi means edge, and that is exactly what this startup has brought to the embedded edge market. By integrating Machine Learning on...

Foxconn Hires Former Nidec CEO As Strategy Chief For EVs

0
Foxconn Technology group's latest hire has decades of experience in the automotive industry with names such as Nissan and Dongfeng Motors in his portfolio. Foxconn...
Bharat

Bharat Electronics Misses Profit Estimates For Q3

0
Bharat Electronics has declared an interim dividend of 60% payable to all the eligible shareholders holding shares as of the record date. Shares of Bharat...