Renewable energy manufacturer StarlinePS Enterprises, on Wednesday, said that it has announced a strategic investment of Rs 160 crore in Celloraa Energy to establish a 1.2 GW state-of-the-art, Domestic Content Requirement (DCR) compliant solar cell manufacturing facility in Surat, Gujarat.

The strategic investment will support strengthening domestic renewable energy manufacturing and support the nation's vision of achieving energy self-reliance through indigenous clean energy technologies. The investment will support Celloraa Energy's mission to develop world-class solar cell manufacturing infrastructure and contribute to India's rapidly growing renewable energy ecosystem.

Shwet Koradiya, Director, StarlinePS Enterprise Ltd.: “Our investment in Celloraa Energy reflects our strong confidence in India's rapidly growing renewable energy manufacturing sector and Celloraa's long-term vision. This partnership represents our commitment to fostering technological innovation, domestic manufacturing excellence, and contributing meaningfully to India's clean energy transition.”

Brijesh Gondaliya, Director, Celloraa Energy Pvt Ltd: “Our partnership with StarlinePS Enterprises Ltd. marks a significant milestone in Celloraa's vision of building world-class solar manufacturing capabilities in India. Together, we are committed to accelerating the nation's journey towards energy independence and sustainable growth.”