Solex Energy Secures ₹74.77 Crore Solar Module Orders

Vikram Solar
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Solex Energy Limited has received work orders worth ₹74.77 crore from domestic entities for the manufacture and supply of solar photovoltaic (PV) modules. The orders are scheduled for execution by December 2026 and add to the company’s growing order pipeline.

In addition to the confirmed work orders, Solex Energy has received a Letter of Intent (LOI) for an order valued at approximately ₹174.30 crore. The Module Supply Agreement for the LOI is currently at the signing stage. With the latest orders and the LOI, Solex Energy’s executable order pipeline stands at approximately ₹846 crore, targeted for execution by December 31, 2026.

The continued flow of orders reflects sustained demand for solar PV modules and supports Solex Energy’s expansion across the solar manufacturing value chain. The company is increasing its manufacturing capabilities to cater to customers in India and international markets.

Headquartered in Surat, Gujarat, Solex Energy has been involved in India’s solar manufacturing sector since 1995. The company manufactures photovoltaic modules at its Industry 4.0-enabled facility in Tadkeshwar, Gujarat. The fully automated manufacturing plant has an annual production capacity of 4 GW for photovoltaic modules. The facility incorporates automation, real-time quality monitoring and data-driven manufacturing processes aimed at producing high-efficiency and reliable solar modules.

Solex Energy has built its business across solar module manufacturing as well as engineering, procurement and construction (EPC) solutions. The company serves customers across utility-scale and other solar applications, while also supplying modules to domestic and international markets. The company holds internationally recognised certifications and exports its products to multiple countries. It also works with international brands as an original equipment manufacturing (OEM) partner.

The latest order inflow provides greater visibility for the company’s manufacturing operations through the end of 2026. The confirmed ₹74.77 crore orders, together with the approximately ₹174.30 crore LOI, strengthen Solex Energy’s near-term order position and support its plans to expand its presence in the rapidly growing solar energy market.

The company’s manufacturing strategy focuses on increasing production efficiency and maintaining quality standards through advanced automation and integrated manufacturing processes. Its operations are aimed at meeting the requirements of customers seeking high-performance solar modules for a range of applications.

Solex Energy’s growing order pipeline comes at a time when India continues to expand its renewable energy capacity and strengthen domestic solar manufacturing. Increasing demand for photovoltaic modules from utility-scale projects, commercial installations and other applications is creating opportunities for Indian manufacturers with established production capabilities.