Solex Energy secures Rs 194.14 crore solar module orders – Power Peak Digest

Solex Energy Limited and its wholly owned subsidiary, Solex Green Energy Private Limited, have secured two work orders worth a combined Rs 194.14 crore, inclusive of applicable taxes, for the supply of advanced Tunnel Oxide Passivated Contact (TOPCon) solar photovoltaic (PV) modules to domestic entities operating in the power and electricity sector.
Solex Green Energy has received the larger order, valued at Rs 180.98 crore, for the supply of TOPCon Bifacial Glass-to-Glass (G2G) Solar PV Modules. Separately, Solex Energy has secured a Rs 13.16 crore order for the supply of TOPCon Bifacial Glass-to-Glass Solar PV Modules. Both orders are inclusive of applicable taxes.
The orders add to the Solex Group’s order pipeline as the company scales its manufacturing capabilities and expands its presence across the solar value chain. The company said the wins reinforce its business momentum and position as a supplier of high-performance solar PV modules to India’s expanding renewable energy ecosystem.
Manufacturing
Solex manufactures solar modules at its facilities on the outskirts of Surat, Gujarat, using advanced manufacturing processes and quality systems focused on product reliability. Its modules are certified to international and domestic quality and performance standards, including the International Electrotechnical Commission (IEC), Conformité Européenne (CE), Underwriters Laboratories (UL), California Energy Commission (CEC), Bureau of Indian Standards (BIS), Environmental Product Declaration (EPD) and Kiwa PV Evolution Labs (PVEL) 2026.
The company’s modules are also listed under the Ministry of New and Renewable Energy’s Approved List of Models and Manufacturers (ALMM).
With close to three decades of presence in the solar sector, Solex has developed partnerships across utility, commercial and industrial (C&I), and public sector installations in India and international markets.
Expansion
Under its Vision 2030 roadmap, Solex is targeting increased manufacturing scale, stronger quality and technology capabilities, greater export readiness and development of a skilled workforce for the renewable energy sector.
The company has outlined an investment programme of approximately Rs 4,000 crore between FY27 and FY30 as it looks to expand beyond its established solar PV module business and build an integrated renewable energy platform. The planned investments will cover solar cells, solar modules and Battery Energy Storage Systems (BESS), broadening its presence across the renewable energy value chain.
The featured photograph is for representation only.
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