Solex Energy Secures Landmark ₹628.37 Crore Order for Advanced Solar Modules

Solex Energy Limited (NSE: SOLEX) has secured a major solar module supply contract worth ₹628.37 crore, further strengthening its order book and reinforcing its position as one of India’s leading solar photovoltaic (PV) module manufacturers. The order has been awarded by a prominent Independent Power Producer (IPP) that is part of a globally recognized energy group.

The contract involves the supply of the company’s advanced N-Type TOPCon 615 Wp and 620 Wp Glass-to-Glass (G12R) Solar PV Modules, reflecting growing demand for high-efficiency solar technology in large-scale renewable energy projects.

Major Order Strengthens Business Outlook

The latest order represents one of the company’s significant contract wins and provides strong revenue visibility over the coming months. The project will be executed between October 2026 and March 2027, ensuring a steady flow of business during the period.

Order Highlights

• Order Value: ₹628.37 crore (including applicable duties and taxes)
• Customer: Leading Independent Power Producer (Domestic Entity)
• Product: N-Type TOPCon 615 Wp/620 Wp Glass-to-Glass (G12R) Solar PV Modules
• Execution Schedule: October 2026 to March 2027

Growing Demand for Advanced Solar Technology

The contract highlights the increasing adoption of N-Type TOPCon solar modules, which are recognized for their higher energy conversion efficiency, lower degradation rates, superior performance under low-light conditions, and longer operational lifespan compared to conventional solar panels.

By supplying these advanced modules, Solex Energy continues to strengthen its reputation as a reliable manufacturer capable of meeting the quality and performance requirements of utility-scale renewable energy projects.

Enhancing Market Position

Winning a contract from an established Independent Power Producer with international operations demonstrates the confidence that large renewable energy developers have in Solex Energy’s manufacturing capabilities and product quality. The order also reflects the company’s growing presence in India’s rapidly expanding solar energy sector.

As utility-scale solar installations continue to increase across the country, demand for high-performance PV modules is expected to remain strong, creating additional growth opportunities for manufacturers with advanced technology offerings.