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Solex Energy Secures ₹451 Crore Mega Order from KPI Green for Supply of Solar Modules of 310 MW


Updated: May 07, 2025 20:08

Image Source: Saur Energy International
Solex Energy Ltd. has won a record ₹451.41 crore order from KPI Green Energy to deliver 310 MW of high-end N-Type TOPCon 615Wp glass-to-glass solar PV modules, one of the biggest solar manufacturing transactions of the year. The modules will drive power for KPI Green's Gujarat Urja Vikas Nigam Ltd. (GUVNL) projects, further strengthening Solex's position as a go-to partner for big-ticket renewable energy projects.
 
Key Highlights:
  • Key Order Booked: Solex Energy will deliver 310 MW of high-efficient N-Type TOPCon 615Wp glass-to-glass solar modules to KPI Green Energy, priced at ₹4,514 million. The deliveries will commence from September 2025 and will be completed within a period of six months.
  • Clean Energy Boost: The modules will be utilized in KPI Green's GUVNL projects, backing India's initiative for increased solar infrastructure and cleaner energy.
  • Technology Leadership: The deal is a testament to increasing market confidence in Solex's technology, dependability, and capacity to scale. The firm is scaling up its production capacity, planning to reach 4 GW of yearly module production by end-2025 and reaching 15 GW by 2030.
  • Strategic Development: Solex's advanced modules are ideal for utility-scale installations, with improved performance and longevity, and making the firm a leader in domestic as well as global solar markets.
  • Industry Influence: This order further solidifies Solex as a core supplier to India's renewable energy industry, while advancing KPI Green's development as an Independent Power Producer.
Solex Energy's recent victory marks strong demand for cutting-edge solar technology and highlights its critical position in India's transition to green energy.
 
Source: PV Magazine India, Economic Times Energy, Angel One

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