Solex Energy Ltd and its wholly owned subsidiary Solex Green Energy Pvt Ltd have secured solar PV module orders worth Rs 194.14 Cr, strengthening the company’s position in India’s growing renewable energy market.
The two work orders, announced on October 6, 2026, are for the supply of advanced TOPCon bifacial Glass-to-Glass (G2G) solar PV modules to domestic companies in the power and electricity sector. The orders include applicable taxes.
Subsidiary Wins Rs 180.98 Crore Order
The larger order has been secured by Solex Green Energy, which received a work order worth Rs 180.98 crore for the supply of TOPCon bifacial G2G solar PV modules.
Separately, Solex Energy received an order worth Rs 13.16 crore for the same type of solar modules.
Together, the two orders add Rs 194.14 crore to the group’s order pipeline as Solex continues to increase its manufacturing capacity and expand across India’s renewable energy value chain.
Strong Focus on Solar Manufacturing
Solex manufactures solar modules at its facilities near Surat, Gujarat, using advanced manufacturing processes and quality systems focused on product performance and reliability.
Its modules have certifications and quality approvals from several global and Indian bodies, including IEC, CE, UL, CEC, BIS, EPD, and Kiwa PVEL 2026.
The company’s products are also listed under the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM).
Close to Three Decades in Solar
Solex has been present in the solar industry for nearly 30 years and has built partnerships across utility-scale projects, commercial and industrial (C&I) installations and public sector projects in India and international markets.
Under its Vision 2030 roadmap, the company plans to increase manufacturing capacity, strengthen technology and quality capabilities, improve export readiness and build a skilled workforce for the renewable energy sector.
Rs 4,000 Crore Investment Plan
Solex is also planning a major investment programme of around Rs 4,000 Cr between FY27 and FY30.
The company plans to use this investment to move beyond solar modules and build a more integrated renewable energy business. The expansion will include solar cells, solar modules and Battery Energy Storage Systems (BESS).
With India continuing to add renewable energy capacity, Solex is looking to strengthen its role across the solar and clean-energy supply chain.
Key Numbers
- Rs 194.14 Cr - Combined value of the new solar module orders
- Rs 180.98 Cr - Order secured by Solex Green Energy
- Rs 4,000 Cr - Planned investment between FY27 and FY30
