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Home » Just In » PVV Infra Signs Technology MoU with Taiwan’s ITC Services
Just In

PVV Infra Signs Technology MoU with Taiwan’s ITC Services

ManshiBy ManshiFebruary 11, 20262 Mins Read
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PVV Infra Signs Technology MoU with Taiwan’s ITC Services

PVV Infra Limited has signed a Memorandum of Understanding (MoU) with ITC Services Company Limited, Taiwan, to support consultancy, customisation, and technology transfer for advanced renewable energy manufacturing. The partnership covers solar cell manufacturing, Battery Energy Storage Systems (BESS), micro-inverters, smart power electronics, and related renewable energy products, integration solutions, and production technologies.

Scope of the Collaboration

Under the MoU, both companies will jointly work on technology development and manufacturing readiness. The agreement includes:

  • Joint development of clean energy manufacturing processes
  • Trial production and pilot manufacturing runs
  • Workforce training and skill development
  • Process stabilisation and quality optimisation
  • Transfer of manufacturing documentation and know-how

The phased technology development and deployment plan is expected to be completed within 14–18 months, supporting PVV Infra’s transition into advanced renewable energy manufacturing.

Integrated Clean Energy Manufacturing Vision

“This collaboration is a key strategic step toward establishing PVV Infra’s Integrated Clean Energy Manufacturing Complex, designed to include 1.2 GW solar cell manufacturing (TOPCon technology), 1 GW solar module assembly, BESS assembly facilities and a micro-inverter manufacturing plant,” the company said in a statement.

Andhra Pradesh Project Expansion

PVV Infra had earlier signed an MoU with the Government of Andhra Pradesh on November 15, 2025, to develop renewable energy manufacturing infrastructure with an initial estimated investment of around ₹650 crore.

Following the technology partnership with ITC Services Company and the expansion of the project scope to include integrated manufacturing across solar cells, modules, energy storage systems, and smart power electronics, the company said the total proposed project investment is now expected to rise to approximately ₹1,250 crore. The investment will be implemented in phases, subject to financing closure and execution milestones.

Projects with investments above ₹1,000 crore are classified as Mega Projects, and PVV Infra said it would benefit from subsidies offered by the Andhra Pradesh government for such projects.

Impact on Domestic Manufacturing

The expanded project is expected to:

  • Increase domestic value addition in high-efficiency solar and storage technologies
  • Reduce import dependence for key renewable energy components
  • Enable access to central and state manufacturing incentives
  • Strengthen PVV Infra’s position as a vertically integrated clean-energy manufacturer
  • Create large-scale employment and a regional renewable manufacturing ecosystem

Board Appointment

In a separate development, PVV Infra’s board has approved the appointment of Tse Hsiung Norman Lao as Additional Director (Non-Independent), effective February 9, 2026. Mr. Lao brings international experience in advanced electronics, technology commercialisation, and global OEM partnership development.

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Manshi
  • Website

I'm journalism graduate with professional experience working across different news websites. I have been involved in news reporting, content writing, and digital media coverage, which has helped me develop a strong understanding of current affairs and storytelling. Currently, I am working with Battery Magazine, where I continue to create accurate, engaging, and reader-focused news content.

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