The company currently manufactures 5 MW solar panels and hopes to reach 300 MW in India in near future.
Dutch foldable solar panel maker HyET Solar BV seeks to “Make In India” and is eyeing partnerships with existing solar panel makers and a polymer maker, commercial director of the company Pieter Veltman told Economic Times in a recent interaction.
He stated that since 99 per cent of these solar panel sheets are polymer, it makes business sense for an existing polymer maker like Reliance (Industries) to get into this business.
According to ET, he is expected to sign a Memorandum of Understanding with the Department of Energy and Petrochemicals, Government of Gujarat, with an intend to set up a manufacturing facility for solar fabrication in the state
The company currently manufactures 5 MW solar panels and hopes to reach 300 MW in India in near future. Going forward, it also has an investment plan of 200 million Euros.
