Summary:
more-inUS firm Triton Solar in association with Arreda Homes Pvt Ltd.
plans to set up an assembling plant for solar power storage batteries in Amaravati, Andhra Pradesh. The project would be a components of the $150 million investment the joint venture intends for Andhra Pradesh. The joint venture would entail other projects including those to manufacture batteries eventually, MD of Arreda Homes Nagarjun G.V. The New Jersey-based Triton, which produces solar cells, flexible lighting and batteries, plans to set up a manufacturing facility in India after a year. The company intends to make a similar investment in Telangana too, he said, hoping for the assembling plant in AP to start functioning by September..