Grew Energy unveiled its 550 Wp p-type mono PERC module with a module conversion efficiency of up to 21.29% and n-type TOPCon module with up to 23% module conversion efficiency at Intersolar India 2024 last week.
The 550 Wp mono PERC module, launched under the GMF72HM10 series, is built with 144 half-cut cells. The open-circuit voltage is 49.99 V and the short-circuit current is 13.8 A. Temperature coefficient of Pmax is -0.38% per degree Celsius.
Grew GMF72HM10 series mono PERC modules are available in output ratings ranging from 520 W to 550 W.
The modules measure 2,278 mm x 1,134 mm x 35 mm/40mm and weigh 29±3% kg. These come with a 12-year product warranty and a 30-year linear performance warranty. The power output at the end of 30 years is guaranteed to be no less than 82.05% of the nominal output power.
Grew Energy has an exhaustive expansion & development plan in place for the coming two years. Its first manufacturing unit started operations in October 2023 at Jaipur, Rajasthan with annual capacity of manufacturing 1.2 GW PV modules. It is extending this capacity with a TopCon module production line with 1.6 GW annual capacity at the same location. By March 2025, Grew Energy will have established a cumulative 6 GW of manufacturing capacity with one unit of 2.8 GW in Dudu and another 3.2 GW unit in Dholera, Gujarat.
To support its plans for manufacturing solar PV modules and components, Grew plans to raise INR 6,000 crore ($724 million), out of which 60-65% will be through debt, promoter investment and $100 million through private funding.
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