Jupiter Signs MoU With Maharashtra For Wafer, Cell Manufacturing

Indian solar cell manufacturer Jupiter International Limited has signed a Memorandum of Understanding (MoU) with the Maharashtra government to set up a vertically integrated solar manufacturing facility at Butibori, Nagpur.

The proposed investment of about ₹10,900 crore will cover the entire value chain — from solar wafer production to advanced solar cell manufacturing and module assembly — making it one of the most comprehensive solar infrastructure projects in the country, the firm said. 

The facility is expected to create more than 8,300 direct and indirect jobs, spurring industrial growth and strengthening capacity across the solar ecosystem.

“This investment reflects our long-term commitment to building India’s renewable energy future through technology, scale, and regional empowerment. We are thankful to the Government of Maharashtra for their continued support and guidance,” said Alok Garodia, Managing Director, Jupiter International Limited.

From Himachal To Maharashtra 

Currently, Jupiter International operates two solar cell manufacturing facilities in Baddi, Himachal Pradesh, with a combined installed capacity of 1 GW. The upcoming Nagpur facility marks an expansion of its manufacturing footprint and is a critical step in the company’s vision of creating a fully integrated solar power platform. Besides Himachal and Maharashtra, Jupiter is also working with the Odisha government to set up their solar cell plant in the coastal Indian state. 

Currently, there are a handful of solar cell manufacturers in the country, which include Jupiter International, Premier Energies, Waaree Energies, IndoSolar, Emmvee, Tata Power and ReNew. As per the first Approved List of Models and Manufacturers (ALMM) for solar cells, the cumulative capacity of 6 solar cell makers in India stood at 13 GW. However, industry insights claim that India has around 25 GW of solar cell capacity.

With the planned rollout of ALMM for solar cells from June 2026, the number of solar cell makers and India's cumulative solar cell capacity is likely to increase multi-folds.