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Indian solar manufacturer Solex Energy secures major TOPCon module supply deals

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Indian solar manufacturer Solex Energy secures major TOPCon module supply deals
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Solex Energy and its subsidiary have secured contracts worth 1941.4 million Indian rupees to supply advanced solar modules to domestic power sector entities, highlighting expanding production capabilities and rising domestic demand for high-efficiency renewable technologies.

INDIA —Solex Energy Limited, along with its wholly owned subsidiary Solex Green Energy Private Limited, has secured procurement agreements totaling 1941.4 million Indian rupees for the delivery of solar photovoltaic modules to domestic power and electricity entities. Under the commercial arrangements, the subsidiary accounts for the primary portion of the supply framework with a deal valued at 1809.8 million Indian rupees, while the parent entity will fulfill a distinct contract valued at 131.6 million Indian rupees. Both agreements cover the provision of TOPCon bifacial glass-to-glass photovoltaic modules to support ongoing domestic energy projects.

Founded in 1995 and headquartered in Gujarat, Solex Energy Limited is an Indian photovoltaic module manufacturer and engineering, procurement, and construction services provider listed on national exchanges. The enterprise operates an automated manufacturing facility in Tadkeshwar with an annual production capacity of 4 gigawatts, catering to utility, commercial, industrial and institutional solar applications.

The procurement contract emphasizes the escalating transition within the domestic renewable energy landscape toward high-efficiency technology architectures. Bifacial TOPCon modules offer higher power conversion efficiency and double-sided generation capability compared to conventional cell designs, making them increasingly critical for large-scale utility deployments seeking higher energy yields and improved land utilization efficiency.

This commercial development underscores sustained domestic market demand for certified solar component suppliers listed under official government manufacturing frameworks. For power developers and infrastructure investors, securing domestic high-specification equipment aligns with broader national efforts to expand clean energy capacity while fortifying supply chain reliability across the power generation ecosystem.

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