Surat: In a significant development for India’s renewable energy manufacturing sector, StarlinePS Enterprises Ltd. has announced a strategic investment of ₹160 crore in Celloraa Energy Pvt. Ltd. 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 marks a major milestone in India’s journey to strengthen 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, said, “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”
