- General Electric to increase its solar and energy storage manufacturing capacity at a factory in India.
- It plans to acquire 9GW by the end of 2022.
General Electric (GE) is set to triple its solar and energy storage manufacturing capacity at its recently launched Renewable Hybrids factory in India. It plans to add 9GW by the end of 2022.
According to the firm, following improvement in its manufacturing backlog and strong underlying demand, GE will ramp up production of its power conversion solution called FLEXINVERTER (formerly LV5+) and the utility-scale storage solution FLEXRESERVOIR, which can also integrate with its digital FLEXIQ platform.
“Solar and battery energy storage will continue to be a key driver in delivering Hybrid systems that enable the energy transition,” Prakash Chandra, CEO of Renewable Hybrids at GE, stated. “Our new factory has ramped up to meet increasing industry and customer demand.”
GE has been delivering standalone PV inverters and solar power solutions since 2012. It said FLEXIQ, which provides design, operation and fleet management solutions, has helped optimise assets and improve plant performance through better system design.
GE asserts it has installed over “400GW of clean, renewable energy and equipped more than 90% of utilities worldwide with its grid solutions.”