Rudrapur, Jan 28 (KNN) Luminous Power Technologies on Friday revealed that it plans to build the country’s first green energy-based solar panel manufacturing plant in Uttarakhand which will be operational by the end of this year.

The location of the new manufacturing plant is Rudrapur which will be equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. 

Once operational, the facility, spread across 4.5 lakh square feet/10 acres will help enable a solar production capacity of 500 MW per annum, expandable up to 1 GW, producing a range of solar panels with a power output of 40W to 600W. 

Luminous would establish its first facility in solar panel with the commencement of this factory.

Expressing excitement for the company’s first solar panel facility in Rudrapur, Uttarakhand, Preeti Bajaj, CEO and MD, Luminous Power Technologies, said “This is a major step forward in Luminous Power Technologies' journey towards enabling a cleaner and more sustainable future and aligns with hon'ble prime minister's goal of being net zero by 2070."

This solar panel facility is fully robotic and will use 100 per cent energy from solar power.

Annual production capacity of the facility will be equivalent to carbon sequestration of planting one crore trees, making a major contribution to the reduction of CO2 emissions.   (KNN Bureau)