Finolex Cables has announced the launch of its new range of E-Beam irradiated LT XLPE Solar Cables, providing exceptional UV and ozone protection.
Manufactured in-house at Finolex’s new state-of-the-art E-Beam facility in Pune, these solar cables leverage advanced electron beam technology. This investment in the E-Beam facility is part of a broader Rs.500 crore capex plan announced earlier that included expanding manufacturing capabilities, adopting advanced technologies, and enhancing supply chain infrastructure, a release by Finolex Cables said.
Designed to withstand extreme operating conditions, these innovative solar cables are capable of handling temperatures up to 120°C, with higher current ratings and superior durability making them ideal for demanding industrial applications and large-scale solar installations. Additionally, these cables are environmentally friendly and halogen-free, reducing the release of toxic gases in the event of a fire.
Compared to traditional chemical curing methods, E-Beam technology significantly improves the insulating properties of the cables, allowing them to sustain higher voltages with lower radial thickness and extending their life expectancy to over 25 years. This technology is now operational in-house which will be used for various upcoming products.
Strategically positioned
According to Amit Mathur, President – Sales & Marketing at Finolex Cables, “As India accelerates its shift to renewable energy, Finolex Cables is strategically positioned to support the nation’s ambitious goals with our durable and high-capacity solar cables. The government’s target to expand renewable energy capacity to 500GW, including 270 GW from solar power, has greatly increased the demand for top-quality and efficient solar cables.
At Finolex, we aim to capture approximately 15 per cent of the market over the next two years. We anticipate securing over 70 per cent of this from the retail market by leveraging our extensive network of 200,000 retailers, 5,000 channel partners, and more than 750 distributors.”
Supporting PM-Surya Ghar: Muft Bijli Yojana
With the launch of solar cables to its portfolio, Finolex Cables is also committed to supporting government initiatives such as the Rooftop Solar Yojana (PMSURYAGHAR), which aims to solarize one crore households with an allocation of over Rs.75,000 crore. This initiative provides up to 300 units of free electricity per month for solar rooftop systems up to 3 kW capacity, along with easy and affordable loans, the release added.
Also read: Finolex Cables to commission e-beam plant soon
