Jan 04, 2024

First Solar India on the upcoming inauguration of its 3.3 GW fully vertically integrated photovoltaic (PV) thin film module manufacturing facility

AZB & Partners is acting for First Solar India on the upcoming inauguration of its 3.3 GW fully vertically integrated photovoltaic (PV) thin film module manufacturing facility. This will be India’s first fully vertically integrated Photo Voltaic (PV) thin film module manufacturing facility to go live and among the world’s largest solar manufacturers being the only U.S.-headquartered company not using a crystalline silicon semiconductor and not manufacturing in China. A new, INR 5,600 crore facility supported by U.S. International Development Finance Corporation, it is believed to be the world’s first net-zero water withdrawal solar manufacturing facility. It is designed to minimize its impact on local water resources and will rely entirely on tertiary-treated reverse osmosis water from the city’s sewage treatment plant and have zero wastewater discharge. The facility is home to India’s first solar PV recycling plant, which provides closed-loop semiconductor recovery for use in new modules while recovering other materials, including aluminum, glass, and laminates and has 40% percent of its workforce as women.

Our deal team comprises our Senior Partner Anuja Tiwari, Partner Mallika Anand, Senior Associates Srishti Moitra, Pranjal Bhattacharya, Sumi Trivedi, Associates Aman Raj, Aditya Goyal, Munmun Kadam, Siddhanth Mitra and Mohit Mansharamani. We were supported by our Senior Partners Nohid Nooreyezdan and Anindita Roy Chowdhury, Partner Priyank Ladoia, and Senior Associate Trisha Raychaudhuri on critical employee and litigious matters.

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