Tata Power has inaugurated a 4.3 GW solar cell and module manufacturing plant in Tamil Nadu.

Built with an investment of Rs 4,300 crore ($508 million), the facility spans 317 acres and symbolizes Tata Power’s commitment to supporting India’s renewable energy goals.

“We are dedicating this plant to cater to the massive opportunities in the Indian market,” said Praveer Sinha, CEO of Tata Power. He noted that the plant’s entire production for the next 12 to 16 months has already been committed to domestic projects.

While the plant is geared toward India, the global solar export market has seen tremendous growth. Indian module exports have surged 23 times in two years, with the U.S. accounting for 97% of these shipments.

India currently has a solar module manufacturing capacity of 80 GW, though it heavily relies on imported Chinese solar cells due to limited domestic production capacity of 7 GW.

Sinha revealed that Tata Power’s facility has the potential to expand production by an additional 4 GW but emphasized that further scaling would be evaluated based on future market conditions.