Jupiter International Secures Rs 3 Billion Financing for Solar Cell Manufacturing Expansion

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Jupiter International Limited has raised Rs 3 billion in financing from ValueQuest S.C.A.L.E. PE fund.

This capital will be used to enhance Jupiter International’s existing cell production capacity and start module manufacturing operations. This new investment will allow Jupiter International to establish a 1.8 GW solar cell manufacturing facility and a 1.2 GW solar module manufacturing facility. The company has also formed a joint venture with AmpIn Energy Transition to establish an integrated solar cell and module capacity of 1.2 GW each.

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