Fujiyama has announced a ₹350 crore investment in a new TopCon solar cell plant in Ratlam, MP, India, adding another 1.2 GW of capacity to their portfolio. This new facility complements their existing 1 GW Mono PERC unit and is expected to support DCR mandates while improving cost controls.
Fujiyama Power Systems Limited
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Fujiyama Power sets ambitious goals for a 50% increase in revenues by FY28, driven by the expansion of their solar power capacity to 2,000 MW.
Fujiyama Power Systems has given the green light for a significant increase in its solar cell manufacturing capacity, planning to expand by 1.2 GW at their Ratlam facility in Madhya Pradesh. This move highlights Fujiyama's commitment to renewable energy growth.
Fire breaks out at Fujiyama Power Systems' Haryana plant, causing no injuries but the extent of operational disruption is yet to be determined due to ongoing assessment following the incident. Insurance covers the damages incurred.
Fujiyama Power Systems has acquired a 31% stake in Zayo Energy and Zayo Cables, making these companies associates. The move aims to improve supply chain strength and foster strategic partnerships for mutual growth.
Fujiyama Power Systems has had products worth 2.52 crores seized at their Noida plant due to alleged non-compliance with BIS standards. The company is currently consulting legal advisors and maintains that operations continue uninterrupted, while they evaluate the potential impact of this incident.