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7h agoIndia’s Solex Energy to invest US$1.5 billion in solar manufacturing, eyes US exports
Solex Energy Ltd plans to invest about US$1.5 billion over the next five years to expand solar-module manufacturing, targeting exports to the U.S. The Gujarat-based firm currently operates a 4 GW module plant, and intends to scale to 10 GW module capacity, plus 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It is raising institutional funds and aims a fully non-Chinese supply-chain for U.S. export markets, despite potential tariff headwinds.
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growth
7h agoIndia’s Solex Energy to invest US$1.5 billion in solar manufacturing, eyes US exports
Solex Energy Ltd plans to invest about US$1.5 billion over the next five years to expand solar-module manufacturing, targeting exports to the U.S. The Gujarat-based firm currently operates a 4 GW module plant, and intends to scale to 10 GW module capacity, plus 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It is raising institutional funds and aims a fully non-Chinese supply-chain for U.S. export markets, despite potential tariff headwinds.
Explore:Mutual Fund Categories
growth
India’s Solex Energy to invest US$1.5 billion in solar manufacturing, eyes US exports
about 7 hours ago
1 min read
73 words
Solex Energy will invest US$1.5 billion to ramp up module and cell manufacturing in India and target U.S. exports.
Solex Energy Ltd plans to invest about US$1.5 billion over the next five years to expand solar-module manufacturing, targeting exports to the U.S. The Gujarat-based firm currently operates a 4 GW module plant, and intends to scale to 10 GW module capacity, plus 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It is raising institutional funds and aims a fully non-Chinese supply-chain for U.S. export markets, despite potential tariff headwinds.
Solex Energy Ltd plans to invest about US$1.5 billion over the next five years to expand solar-module manufacturing, targeting exports to the U.S. The Gujarat-based firm currently operates a 4 GW module plant, and intends to scale to 10 GW module capacity, plus 10 GW of cell manufacturing and 2 GW of ingot/wafer production. It is raising institutional funds and aims a fully non-Chinese supply-chain for U.S. export markets, despite potential tariff headwinds.
Companies:
Solex Energy Ltd
Tags:
startups
India
startups
India
solar manufacturing
clean-energy
investment
Oct 29, 2025 • 21:08 IST