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Surat : SOLEX Energy Signs MoU With GMEE SC Solar And ATW For 800 MW Capacity Expansion
Home/Business Vibes/Surat : SOLEX Energy Signs MoU With GMEE SC Solar And ATW For 800 MW Capacity Expansion
Business Vibes

Surat : SOLEX Energy Signs MoU With GMEE SC Solar And ATW For 800 MW Capacity Expansion

SURAT, GUJARAT : SOLEX Energy Limited, the Surat-based India’s most trusted solar brand announced the signing of a Memorandum of Understanding (MoU) with GMEE SC Solar and Wuxi Tidewinner...

Times News Network
May 23, 2024 2 Min Read

SURAT, GUJARAT : SOLEX Energy Limited, the Surat-based India’s most trusted solar brand announced the signing of a Memorandum of Understanding (MoU) with GMEE SC Solar and Wuxi Tidewinner Industrial International Co., Ltd. (ATW). This partnership will facilitate an 800 MW capacity expansion, enhancing SOLEX Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25.

The new and advance manufacturing line will feature state-of-the-art, end-to-end automation from glass loading to module sorting integrated with artificial intelligence (AI) to ensure adherence to global quality standards for photovoltaic (PV) modules. This high-speed production line will be equipped to manufacture high-efficiency N-Type TopCon modules and Heterojunction Solar Cells (HJT) technology-based modules, significantly boosting production capacity.

Headquartered in Surat, SOLEX Energy has been a pioneer in sustainable energy since 1995. As the first Indian solar brand listed on NSE Emerge, SOLEX is renowned for producing high-end photovoltaic modules at the factory located in Tadkeshwar near Surat having 700 MW production capacity.

“This expansion is a significant milestone for SOLEX Energy, reinforcing our commitment to innovation and excellence in the solar industry. By integrating advanced automation and Artificial Intelligence (AI), we are setting new standards for quality and efficiency in PV module production. This move aligns perfectly with our vision for FY 2025-26 to expand our production capacity to 4.5 GW, catering to the growing global demand for high-quality Made in India modules for the World,” said Chetan Shah, Chairman and Managing Director of SOLEX Energy Limited.

SOLEX Energy remains one of the most preferred and trusted OEM partners for over 20 Indian and international solar brands.

Tags:

GMEE SC SolarNSE EmergeSolar PV modulesSOLEXSOLEX EnergySOLEX Energy LimitedSurat

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The Blunt Times is a 24-hour news portal from Surat and south Gujarat. It was launched by senior journalist Melvyn Thomas, who has over 21 years of experience working with the top news organizations such as The Indian Express, The Times of India, and The Economic Times.

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