Sunpa to invest in Solar power and panel manufacturing in Karnataka

Facebook
Twitter
LinkedIn
Reddit
Email

China-based anchor investor Sunpa Group of Companies is to invest in solar power generation and panel manufacturing in the Indian state of Karnataka.

Sunpa will also invest US$1 billion in a proposed industrial park in the state.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Ratna Prabha, additional chief secretary of the Karnataka government, agreed “in principle” to devote 40 hectares of land in Vasanthnarasapura through the Karnataka Industrial Areas Development Board (KIADB) for the Chinese Industrial Park. 

Liu Le, director, Yunnan Sunpa Group of Companies said Sunpa would also make investments in Karnataka for various sectors including tele-medicine, manufacturing of medical equipment and accessories, and technology research.

The Governor of Yunnan Province visited Bangalore in May 2014 and expressed interest in investments in Karnataka by industries from Yunnan Province.

A Federation of Karnataka Chambers of Commerce & Industry (FKCCI) team including the president and vice-president of FKCCI also visited Yunnan Province twice during the past few months to attract investments.

As a result, a high level Chinese Delegation visited senior officials of FKCCI in Karnataka yesterday.

In another recent high level foreign investment, Japanese telecoms provider-turned solar developer Softbank announced a US$20 billion investment in renewable energy in India, which was cited as a “game changer” for India’s solar ambitions.

Read Next

May 21, 2025
There is potential for cPPAs to deliver the energy transition, according to speakers at the Renewables Procurement and Revenue Summit.
May 21, 2025
US PV module manufacturer Silfab Solar has acquired a patent portfolio for back-contact (BC) solar cells from solar research firm EnPV.
May 21, 2025
The US International Trade Commission has voted unanimously to impose AD/CVD tariffs on solar cells from Southeast Asia.
May 21, 2025
Installation of the anchoring system for what has been badged the world’s first floating offshore solar-wind project has been completed.
May 21, 2025
The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile.
May 21, 2025
A key Chinese supplier to US tracker manufacturer Nextracker is to list on the Beijing Stock Exchange.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia