New Launch28 Dec 2024, 10:04 pm
Aerpace Industries Secures X97.50 Crore Order for High-Efficiency Solar Panels
AI Summary
Aerpace Industries Limited has announced significant progress under the aerVolt project, a key renewable energy initiative. The company has secured an order for the supply of 50 MWp high-efficiency 595 Wp TOPCon technology smart solar panels, valued at X97.50 crores. This milestone underscores aerVolt’s commitment to delivering advanced solar technology and reflects the trust of leading industry players in their innovative solutions. The order will contribute to the company’s financial strength and operational growth, boosting revenue and enhancing cash flow.
Key Highlights
- Secured an order for 50 MWp high-efficiency 595 Wp TOPCon technology smart solar panels
- Order valued at X97.50 crores
- Order represents an important step forward for aerVolt and Aerpace Industries Limited
- Will boost revenue and enhance cash flow
- Delivery of solar panels scheduled to begin from April 2025