StarlinePS Enterprises Makes Strategic INR 160 Cr Investment in Celloraa Energy
Editorial Highlights
- •StarlinePS Enterprises has invested INR 160 crore into Celloraa Energy to drive domestic solar cell production.
- •The partnership aims to establish a high-tech 1.2 GW solar cell manufacturing facility located in Surat, Gujarat.
- •The initiative supports India's Atmanirbhar Bharat vision by enhancing indigenous clean energy manufacturing capabilities.
In a significant development for India’s renewable energy manufacturing sector, StarlinePS Enterprises Ltd has announced a strategic investment of INR 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, said, “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, stated, “Our partnership with StarlinePS Enterprises 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.”
As India continues its transition toward becoming a global renewable energy leader, domestic solar manufacturing has emerged as a strategic priority. Government initiatives promoting domestic manufacturing, including the Domestic Content Requirement (DCR) policies and the broader vision of Atmanirbhar Bharat, have accelerated demand for domestically manufactured solar components and strengthened the need for robust manufacturing capabilities within the country.
For more information: www.starlineps.com
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