SOLEX Energy Limited Announces MoU With GMEE For 800 MW Capacity Expansion With An Investment Of 700 Million INR

24-May-2024

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.


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