Solex Energy plans USD 1.5 billion integrated solar manufacturing expansion

Solex Energy has planned to invest about USD 1.5 billion over the next five years to build an integrated solar manufacturing ecosystem in India scaling capacity across modules, cells, wafers and ingots.

The company plans to expand from its current 4 GW module manufacturing capacity to 10 GW each of solar module and solar cell capacity and add around 2 GW of wafer and ingot capacity.