SOLEX Energy Limited Announces MoU With GMEE For 800 MW Capacity Expansion With An Investment Of 700 Million INR – EQ
Surat, India : SOLEX Energy Limited, India’s most trusted solar brand, is pleased to announce the signing of a Memorandum of Understanding (MoU) with GMEE. This partnership will facilitate an 800 MW capacity expansion, enhancing SOLEX Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25.
The new and advance manufacturing line will feature state-of-the-art, end-to-end automation from glass loading to module sorting integrated with artificial intelligence (AI) to ensure adherence to global quality standards for photovoltaic (PV) modules. This high-speed production line will be equipped to manufacture high-efficiency N-Type TopCon modules and Heterojunction Solar Cells (HJT) technology-based modules, significantly boosting production capacity.
“This expansion is a significant milestone for Solex Energy, reinforcing our commitment to innovation and excellence in the solar industry. By integrating advanced automation and Artificial Intelligence (AI), we are setting new standards for quality and efficiency in PV module production. This move aligns perfectly with our vision for FY 2025-26 to expand our production capacity to 4.5 GW, catering to the growing global demand for high-quality Made in India modules for the World,” said Chetan Shah, Chairman and Managing Director of Solex Energy Limited.
Solex Energy remains one of the most preferred and trusted OEM partners for over 20 Indian and international solar brands.
About Solex Energy Limited:
Headquartered in Surat, Solex Energy has been a pioneer in sustainable energy since 1995. As the first Indian solar brand listed on NSE Emerge (stock code: SOLEX), Solex is renowned for producing high-end photovoltaic modules at competitive prices and offering comprehensive EPC services.
Our global factory in Tadkeshwar, Gujarat, currently has a 700 MW production capacity. Solex holds key certifications for domestic and international markets, exporting to several countries. As a trusted OEM provider, we serve internationally recognized brands.
Built upon our core values of consistency, quality, and commitment, we transcend being merely a solar company to become your trusted partner in fulfilling your PV module and EPC requirements.
