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Inox Clean Energy Solar Manufacturing and Renewable Energy Expansion

Sector: Solar • Location: India

Source: Fortune India

Project
Planned

Inox Clean Energy plans to invest over ₹3,000 crore in phases to develop solar module capacity of 7.2 GW and solar cell manufacturing capacity of 4.8 GW at two facilities in Gujarat and Odisha. The company aims to offer end-to-end turnkey solar energy solutions including manufacturing, EPC, and O&M. Additionally, Inox Neo Energies targets 3 GW of installed hybrid renewable energy capacity by FY27

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The project “Inox Clean Energy Solar Manufacturing and Renewable Energy Expansion” is an infrastructure initiative in the Solar sector, located in India. Taiyo aggregates data on it from Fortune India.

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Description

Description

Inox Clean Energy plans to invest over ₹3,000 crore in phases to develop solar module capacity of 7.2 GW and solar cell manufacturing capacity of 4.8 GW at two facilities in Gujarat and Odisha. The company aims to offer end-to-end turnkey solar energy solutions including manufacturing, EPC, and O&M. Additionally, Inox Neo Energies targets 3 GW of installed hybrid renewable energy capacity by FY27 and aims to reach 10 GW in four years, investing over $4 billion. The projects will supply power to INOXGFL Group companies, third-party customers, and power exchanges. The group also plans to leverage synergies with Inox Wind and other subsidiaries for hybrid renewable energy solutions and power evacuation infrastructure.

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