Solex Energy Expands Solar Capacity with Chinese Partners

24 May 2024 CW Team

The agreements signed with GMEE SC Solar and ATW entail the procurement of cutting-edge manufacturing lines equipped with end-to-end automation. This move is in line with Solex Energy's vision to expand its solar module manufacturing capacity to 1.5 gigawatts (GW), up from the current 700 megawatts (MW) in Tadkeshwar, Gujarat.

The new production line, boasting high-speed capabilities, will facilitate the manufacturing of high-efficiency N-Type TopCon modules and Heterojunction Solar Cells (HJT) technology-based modules. This technological leap is poised to significantly enhance Solex Energy's production capacity, catering to the escalating global demand for premium-quality solar modules.

Chetan Shah, the Chairman and Managing Director of Solex Energy, emphasized the transformative impact of integrating advanced automation and artificial intelligence (AI) into the production process. "By integrating advanced automation and artificial intelligence (AI), we are setting new standards for quality and efficiency in PV module production. This move aligns with our vision for FY 2025-26 to expand our production capacity to cater to the growing global demand for high-quality made-in-India modules," said Shah.

With this strategic partnership, Solex Energy is not only fortifying its position in the Indian solar energy market but also signaling its readiness to meet the burgeoning global demand for renewable energy solutions. The collaboration underscores the company's commitment to innovation and sustainability, paving the way for a greener and more energy-efficient future.

Solex Energy, a leading player in India's solar energy sector, has unveiled a strategic move to ramp up its manufacturing capacity. The Surat-based company announced its collaboration with Chinese entities GMEE SC Solar and ATW for the supply of advanced manufacturing lines. This partnership marks a significant step towards fulfilling Solex Energy's ambitious expansion plans. The agreements signed with GMEE SC Solar and ATW entail the procurement of cutting-edge manufacturing lines equipped with end-to-end automation. This move is in line with Solex Energy's vision to expand its solar module manufacturing capacity to 1.5 gigawatts (GW), up from the current 700 megawatts (MW) in Tadkeshwar, Gujarat. The new production line, boasting high-speed capabilities, will facilitate the manufacturing of high-efficiency N-Type TopCon modules and Heterojunction Solar Cells (HJT) technology-based modules. This technological leap is poised to significantly enhance Solex Energy's production capacity, catering to the escalating global demand for premium-quality solar modules. Chetan Shah, the Chairman and Managing Director of Solex Energy, emphasized the transformative impact of integrating advanced automation and artificial intelligence (AI) into the production process. By integrating advanced automation and artificial intelligence (AI), we are setting new standards for quality and efficiency in PV module production. This move aligns with our vision for FY 2025-26 to expand our production capacity to cater to the growing global demand for high-quality made-in-India modules, said Shah. With this strategic partnership, Solex Energy is not only fortifying its position in the Indian solar energy market but also signaling its readiness to meet the burgeoning global demand for renewable energy solutions. The collaboration underscores the company's commitment to innovation and sustainability, paving the way for a greener and more energy-efficient future.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..