PVV Infra Ties Up with Taiwan Firm for Green Energy

• PVV Infra partners with ITC Taiwan for solar cells, BESS, micro-inverters, and smart power electronics
• The collaboration advances PVV Infra’s 1.2 GW solar cell and 1 GW module manufacturing complex
• Project value rises to ₹1,250 crore, enabling government incentives and boosting domestic renewable energy production

PVV Infra, which operates as a major player in the industry, has established a partnership with ITC Services Company from Taiwan through a signed Memorandum of Understanding.

The partnership will provide consultancy services together with customized solutions and technology transfer capabilities, which will support renewable energy products, integration solutions and production technology services.

The two companies will collaborate on their joint development process, which includes trial production, training activities, process stabilization and manufacturing documentation transfer, according to the MoU.

The development and technology deployment plan, which will be executed in phases, requires completion within a 14 to 18-month period, which represents a major milestone for PVV Infra to achieve its goal of becoming an advanced renewable energy manufacturing company.

This collaboration forms a key part of PVV Infra's Integrated Clean Energy Manufacturing Complex, which will operate a 1.2 GW solar cell manufacturing facility that uses TOPCon technology, 1 GW solar module assembly, BESS assembly facilities and a micro-inverter manufacturing plant.

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The company had earlier signed a MoU with the Government of Andhra Pradesh for renewable energy manufacturing infrastructure with an estimated project size of ₹650 crore. The technology partnership with ITC Services and its expanded scope now brings the total proposed project value to approximately ₹1,250 crore, which will be implemented through multiple execution phases after the financing process and the completion of project milestones.

Projects that reach this size threshold become Mega Projects, which enables PVV Infra to receive AP government subsidies together with other financial and operational support programs. The expansion will create new domestic value through high-efficiency solar technologies and energy storage systems while decreasing import requirements for essential parts and enabling PVV Infra to maintain its status as a complete clean-energy business.

The Board has also approved the appointment of Tse Hsiung Norman Lao as Additional Director (Non-Independent), who brings worldwide expertise in advanced electronics, technology commercialization and international OEM partnerships.