GenX PV India Expands: Revolutionizing Solar Frame Manufacturing

GenX PV India announces a new aluminum frame production facility in Raipur, aiming to produce 18,000 metric tons annually for solar panels, reducing Chinese imports. Expected to boost revenue to INR 900 crores by FY25, the company focuses on innovation, sustainability, and expanding manufacturing capabilities.

GenX PV India, renowned for its split junction box manufacturing, is set to launch a fully integrated aluminum frame manufacturing facility in Raipur by early next year. This new plant aims to produce 18,000 metric tons of aluminum annually, primarily serving Indian solar panel manufacturers and reducing dependency on Chinese imports.

The facility will enhance GenX PV's capabilities by providing end-to-end solutions, including extrusion, anodising, and cutting processes. The announcement was made during the Renewable Energy India Expo 2024, illustrating the company's commitment to advancing its product offerings and manufacturing prowess.

With this expansion, GenX PV projects a substantial revenue increase from INR 200 crores in FY24 to INR 900 crores by FY25. Piyush Agarwal, Founder and Managing Director of GenX PV, emphasized the company's focus on innovation and quality, aiming to deliver efficient solar solutions with advanced technology integration.

(With inputs from agencies.)