KSK Surya Photovoltaic Venture Pvt. Ltd. (KSK), a subsidiary of KSK Power Venture PLC, an independent power provider in India, has signed a contract with Applied Materials Inc. to purchase two Applied SunFab Thin Film Lines for manufacturing 5.7 square-meter solar panels.
The SunFab lines will be installed in a state-of-the-art facility, including an R&D center, which KSK plans to build in the Fab City located in Hyderabad, India, at a total project cost (including land and buildings) of approximately $500 million.
When completed, the annual capacity of KSK's facility is expected to be about 150 MW, making it the largest solar photovoltaic factory in India, according to the company.
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SOURCE: KSK Surya Photovoltaic Venture
