Micromax Informatics, a leading Indian consumer electronics brand, has announced its entry into the renewable energy sector with the launch of "Startup Energy," a new entity focused on manufacturing high-efficiency solar panels.

The initiative aims to provide affordable and scalable solar solutions for residential, commercial, and industrial use across India. As part of its expansion, Micromax has partnered with Jinchen for the phased deployment of a five-GW advanced solar module manufacturing line. The project will integrate state-of-the-art automation and high-efficiency production technologies. A dedicated manufacturing facility will be established to support this vision, ensuring world-class quality and precision engineering.

In addition, the company plans to explore strategic research and development (R&D) partnerships to develop next-generation solar solutions. With the Indian government targeting 500 GW of renewable energy capacity by 2030, the demand for locally manufactured, high-quality solar panels is rising—a demand that Micromax Energy aims to fulfill.

Managing Director of Micromax Informatics, Rajesh Agarwal stated, "With Startup Energy, we are extending this vision to the renewable energy sector, bringing our expertise in cutting-edge solutions to solar power. Our goal is to make clean energy more accessible, reliable, and cost-effective, ensuring that individuals and businesses alike can benefit from sustainable power solutions."