Solex Energy plans 5 GW solar cell factory in India

AI Summary

Solex Energy is investing approximately $420 million in a new solar cell factory in India, aiming to produce 5 GW of solar cells. This expansion reflects the growing demand for high-efficiency photovoltaic technologies in the Indian market.

The Indian manufacturer is investing around $420 million to expand its manufacturing footprint alongside efforts to advance high-efficiency PV technologies through its partnership with ISC Konstanz.