Solex Energy Closer To Adding 2.2 GW Solar Production Line

Highlights :

  • The new production line, targeted for completion by September 2025,
  • It’s expected to commence commercial operations by the beginning of Q3 of FY 25-26
Solex Energy Closer To Adding  2.2 GW Solar Production Line Solex Registers 126% YoY Growth, With Rs. 3,659.2 Mn Revenue From Its Operations

 Solex Energy is set to accelerate its growth trajectory by launching a new 2.2 GW solar module production line. With this new line becoming operational, the company’s total manufacturing capacity will reach approximately 4 GW. The company added this new solar production line with ₹200 crore Investment. The new production line, targeted for completion by September 2025, is expected to commence commercial operations by the beginning of Q3 of FY 25-26. 

Leveraging TOPCon (glass-toglass) technology, Solex integrates an automated production process that includes AI and AOIdriven efficiencies and a Manufacturing Execution System (MES) for real-time traceability and data analytics. With a cycle time of less than 16 seconds per module.

This expansion is set to enhance productivity and quality, significantly increasing overall manufacturing capacity. It will use TOPCon (glass-to-glass) technology and incorporate AI and automated optical inspection (AOI)-driven systems, along with a manufacturing execution system (MES) for real-time traceability and analytics.

Solex has forged strategic partnerships with Zhuhai Gmee Solar Equipment Company for access to advanced technology and industry expertise.

“At Solex, our commitment to growth goes beyond numbers. This expansion is about increasing capacity and creating opportunities—hiring skilled talent, fostering innovation, and strengthening our partnerships. We extend our sincere gratitude to our customers and partners for their continued trust in our brand and vision,” said Chetan Shah, Chairman & Managing Director of Solex Energy Limited.

Solex reported an 80% revenue jump in FY 2023-24 and said it has maintained a compound annual growth rate (CAGR) of 110%. It will release the company’s audited revenue data soon.

Under its Vision 2030 roadmap, Solex plans to set up a new solar cell facility with an initial capacity of 2 GW, scalable to 5 GW, and expand module manufacturing to 15 GW.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll