Solex Energy Limited is an India-based solar module manufacturer and EPC solutions provider founded in 1995 in Gujarat. Originally focused on solar water heaters, the company entered solar PV module production in 2007 and went public in 2018. Headquartered in Surat, Solex has adopted Industry 4.0 automation and big data in its advanced manufacturing processes.
Key Facts & Expansion Plans:
- Current solar module manufacturing capacity is approximately 700 MW
- Scaling up to 1.5 GW by late 2024, 4 GW by mid‑2025, and targeting 15 GW by 2030
- Planning to begin solar cell manufacturing with 2 GW capacity by 2025–26, expanding to 5 GW by 2030
- Raised about $1 billion through equity, debt, and investor support for Vision 2030
- Launched Tapi-R series n-type TOPCon bifacial modules delivering up to 625 Wp with 23.14 % efficiency
Products
- Integrated services: Project planning, land acquisition, financing models, SCADA integration, asset management, and long-term O&M support
- Solar modules: High-efficiency mono and polycrystalline modules, including n-type TOPCon (Tapi-R and Tapi Trans series), with output ratings from 560–625 Wp
- EPC solutions: Comprehensive services for rooftop, ground-mounted, floating solar, street-lighting, and solar pumping systems; over 6000 projects delivered