8INDIAREVIEWDCECMBER, 2025KAYNES SEMICON TIES UP WITH MITSUI, AOI TO BOOST CHIP ECOSYSTEMKaynes Semicon Private Limited, a wholly-owned subsidiary of Kaynes Technology India Ltd, has established two significant strategic partnerships with the Japanese companies AOI Electronics Co Ltd and Mitsui & Co Ltd to support its upcoming semiconductor manufacturing operations in India. These partnerships aim to strengthen India's technology transfer, supply chain, and overall semiconductor ecosystem as the country moves towards self-reliant chip production under programs like Make in India and Atmanirbhar Bharat.The collaboration with AOI Electronics allows Kaynes Semicon to acquire state-of-the-art back-end semiconductor knowledge that includes advanced packaging, panel-level packaging, and wafer-level redistribution layer (RDL) technologies. This relationship empowers the company to provide complete turnkey back-end solutions to worldwide clients in the sectors of automotive, industrial, consumer electronics, and communications, thus making India a competitive player in high semiconductor assembly and testing (OSAT) of the value chain.On the other hand, the collaboration with Mitsui & Co - a trading and investment global conglomerate with a diversified portfolio assures dependable sources of the most necessary raw materials such as lead frames, molding compounds, die-attach materials, specialty gases, and semiconductor grade chemicals. It tackles the issue of international supply chain vulnerabilities and at the same time, ensures that there will be no production stoppages and that disruption risks will be minimized.Raghu Panicker, CEO of Kaynes Semicon, called the events "a leap forward in building high-value semiconductor capabilities in India" and he also said that AOI's backend expertise "dramatically improves the ability to serve the global value chain locally." These partnerships power the government-approved OSAT project of Kaynes Semicon in Sanand, Gujarat, with a targeted operational launch in the first half of 2027 and a daily capacity of millions of chips.In essence, the deals signal the international community's increasing trust in India's semiconductor goals and facilitate the local production of technology, creating high-tech jobs in the country and lessening import dependence while still catering to the rising domestic and export demand. IMRReNew Energy Global Plc has teamed up with Google, the tech giant, for a long-term partnership to build a 150-megawatt solar power project in Rajasthan, which is a major development in corporate renewable energy procurement in India. As per the contract, Google will be given the energy attributes including carbon credits from the project by ReNew. This will give the project the much-needed bankability and at the same time help Google in the reduction of its value chain emissions and also move towards its carbon-free energy goal by 2030.The 1,00,000-square-foot solar power plant which will be operational by 2026 is expected to generate nearly 425,000 megawatt-hours of clean electricity yearly that can be used in more than 360,000 Indian households. The deal increases ReNew's C&I portfolio to 2.7 GW of PPA capacity, marking the company as a leading provider of decarbonization solutions for corporations.Vaishali Nigam Sinha, Co-founder and Chairperson of Sustainability at ReNew said the association: "The collaboration with Google demonstrates worldwide faith in India's sustainable energy ecosystem and our capability at ReNew to provide scalable climate-positive solutions. Such long-term deals are very important--they enable new renewable capacity, thus India's transition to clean energy is facilitated and global companies are empowered to meet their sustainability commitments."Vrushali Gaud, Global Director of Climate Operations at Google, conveyed, "This innovative deal with ReNew is a very important strategic move; it creates new solar potential for the grid in a sensitive region and it is a step towards getting rid of the hardest part of our value chain emissions."The endeavour contributes to India's goal of generating 500 GW of green energy by 2030 and is a perfect demonstration of how corporate off-take agreements can help in quickening the pace of grid additions and sustainable growth while the demand for data centers and AI infrastructure is increasing. IMRTOP STORIESRENEW SIGNS PACT WITH GOOGLE FOR 150-MW SOLAR RAJASTHAN
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