Intertek acquires solar PV lab assets from Mitsui Chemicals India

Intertek Group plc has acquired the assets of a solar PV laboratory located in Ahmedabad, Gujarat, from Mitsui Chemicals India. This acquisition is intended to bolster Intertek's quality assurance services for the growing solar PV industry in India, which is aiming for 500 GW of non-fossil fuel power capacity by 2030, including 280 GW of solar. The newly acquired lab is ISO 17025 accredited and will offer BIS and IECEE CB Scheme accreditations for testing solar PV installations, materials, and components. This move expands Intertek's presence in Western India and reinforces its leadership in renewable energy assurance, supporting both domestic manufacturers and international companies entering the Indian market.

Counterparts (2)

Buyer

Intertek Group plc

company · 1 deals

London-headquartered Total Quality Assurance provider offering testing, inspection, certification, and sustainability services across 100+ countries with 45,000 employees in 1,000 locations, serving industries including energy transition, construction, and manufacturing.

Seller

Mitsui Chemicals India

company · 1 deals

Tokyo-based chemical company with a global presence, including operations in India through its subsidiary Mitsui Chemicals India, Pvt. Ltd.