As per the report in Business Line, Bengaluru-based firm Solargise India announced its commercial launch of operations and said that it will invest ₹900 crore to set up a manufacturing unit with annual capacity to make 500 MW of solar photovoltaic cells and modules.

Founded in 2015 by Raj Basu, the company will set up the plant in Karnataka’s Dabaspet Industrial Area near Bengaluru.

The company has tied up with GE, which will act as the technology and engineering procurement and construction partner.

Apart from manufacturing solar cells and modules, Solargise also plans to enter into project development and aims to deliver 2,000 MW of solar power projects over the next 3-4 years using GE’s 1.5kV inverters, transformers and other systems.

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