Solex Energy confirms plans to build 5.2 GW solar cell factory in India

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Solex Energy plans a significant expansion in India with an investment of INR 40 billion to build a 5.2 GW solar cell manufacturing factory alongside a 10 GWh battery pack and container assembly capacity. The project targets operations by early fiscal 2029, positioning the company as a major player in renewable energy manufacturing in Asia.

Solex Energy plans to invest INR 40 billion ($418.2 million) through fiscal 2030 to expand into solar cell manufacturing and battery energy storage. The company is targeting 5.2 GW of solar cell capacity by early fiscal 2029 and 10 GWh of battery pack and container assembly capacity. The post Solex Energy confirms plans to build 5.2 GW solar cell factory in India appeared first on pv magazine Global.