- The company has already carried out some preliminary preparations
- It will also have 30 GW capacity of monocrystalline modules and 20 GW of monocrystalline cells by the end of 2021
As per a report by the Economic Times, Li Feng, director of solar major LONGi Group has said that the company is looking at the possibility of setting up a production facility in India. The company has already carried out some preliminary preparations.
The report added that presently, the company has a branch in India that is mainly involved in the sales of the module. LONGi Group has also been working in cooperation with companies like ReNew Power.
preliminary preparations done
As per the report, Feng added that the company has been comprehensively assessing the possibility of setting up a production base in India, with some preliminary preparations done. To further the development, the company needs to think of the international trade context and the domestic market of India. He added that when the conditions are mature, the project will be moved on swiftly.
The report added that Feng further commented that the company hopes to offer high-efficiency monocrystalline photovoltaic (PV) products in India on a larger scale. In 2019, the company bought nearly 300MW monocrystalline PV products to India. As per the company, it will have 30 GW capacity of monocrystalline modules and 20 GW of monocrystalline cells by the end of 2021