Solar manufacturing equipment provider Yingkou Jinchen Machinery (Jinchen) will supply the PV manufacturing arm of Indian conglomerate Adani Group with a 2GW module production line.
The agreement means Jinchen has to date secured contracts to provide Adani Solar with 4GW of solar module manufacturing equipment, following a deal announced by the companies last year.
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China’s Jinchen, which said India is one of its important overseas markets, last year secured a deal to supply Waaree Energies with a 3GW automated production line for the manufacturer’s facility in Mumbai.
As of December 2021, Adani was India’s leading solar module manufacturer, with 3.5GW of production capacity, according to a report from consultancy JMK Research & Analytics and think tank the Institute for Energy Economics and Financial Analysis.
Adani Green Energy won a tender in 2020 for 2GW of solar module manufacturing capacity in India.
Adani was also among the three winners of the first tranche of India’s production-linked incentive (PLI) programme, which is intended to support 10GW integrated solar PV manufacturing plants. The PLI scheme has since been expanded.
This story has been amended from its original version after clarification of the manufacturing capacity figures above provided by Jinchen.