Hyderabad, India [RenewableEnergyWorld.com] KSK Surya Photovoltaic Venture Private Limited has signed a contract with Applied Materials Inc. to purchase two Applied SunFab Thin Film Lines for manufacturing 5.7m² solar panels. The SunFab lines as well as an R&D center, will be built in the “Fab City” located in Hyderabad, India, at a total project cost of approximately US $500 million.
When completed, the annual capacity of KSK’s facility is expected to be about 150 megawatts (MW), making it the largest solar photovoltaic (PV) factory in India.
“KSK’s selection of Applied’s SunFab production lines and service solution is a strong testament to the value proposition we offer to utility-scale power providers, affirming the manufacturing readiness of our 5.7m² tandem junction technology and the confidence in our roadmap,” said Dr. Mark Pinto, senior vice president and general manager of Applied’s Energy and Environmental Solutions Group.
KSK also signed a service contract with Applied Materials covering the first five years of production. Applied Materials will support KSK’s lines with preventive and corrective maintenance, spare parts and other services to optimize equipment performance and maximize manufacturing output.
In addition, Applied and KSK said that they plan to work together to develop continuous improvement programs that aim to increase module efficiency and lower operating costs.