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Solex Energy 5 GW Solar Cell and 10 GW BESS Plants

Sector: Energy Storage • Location: Gujarat, India

Source: Shanghai Metals Market

Project
Planned

Indian manufacturer Solex Energy signed an MoU with the Gujarat government to invest $420 million in a vertical integration project. The plan includes a 5 GW solar cell facility (2 GW + 3 GW phases) and a 10 GW BESS plant to complement its existing 4 GW module capacity. Solex is co-developing high-efficiency back-contact technology with Germany’s ISC Konstanz, targeting 24.6% module efficiency. Th

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The project “Solex Energy 5 GW Solar Cell and 10 GW BESS Plants” is an infrastructure initiative in the Energy Storage sector, located in Gujarat, India. Taiyo aggregates data on it from Shanghai Metals Market.

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Participants

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planned

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Description

Description

Indian manufacturer Solex Energy signed an MoU with the Gujarat government to invest $420 million in a vertical integration project. The plan includes a 5 GW solar cell facility (2 GW + 3 GW phases) and a 10 GW BESS plant to complement its existing 4 GW module capacity. Solex is co-developing high-efficiency back-contact technology with Germany’s ISC Konstanz, targeting 24.6% module efficiency. The expansion aligns with the company's 2030 goal of reaching 10 GW integrated capacity across the PV value chain to bolster India's domestic energy ecosystem.

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High

Data quality score

100%

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URL

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