(ET)
LONGi Group, China’s solar power major, is looking at the possibility of setting up a production facility in India for which it has already carried out some preliminary preparations, the company’s director told.
At present, the solar technology firm has a branch in India, which is mainly engaged in the sales of the module. It has also been in cooperation with companies such as Sumant Sinha-led ReNew Power.
“LONGi has been comprehensively assessing the possibility of setting up a production base in India, with some preliminary preparations done. As for further development, we need to think of the international trade context and the domestic market of India…When the conditions are mature, the project will be moved on swiftly,” said Li Feng, director, LONGi Group.