Solex Energy Business Update
Solex Energy outlined a ₹4,000 crore investment plan for solar cell and BESS capacity expansion. Targets 2.2 GW cell capacity by FY28 and ₹4,500 crore revenue potential.
- solar cell manufacturing capacity
- 2.2 GW
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Solex Energy outlined a ₹4,000 crore investment plan for solar cell and BESS capacity expansion. Targets 2.2 GW cell capacity by FY28 and ₹4,500 crore revenue potential.
Solex Energy Ltd filed proceedings of its 12th AGM held September 22, 2026. Key resolutions included FY26 financials adoption and Rs. 0.55 per share final dividend.
Solex Energy recommended a dividend of Rs. 0.55 per share for FY26 and approved a proposal for listing on the BSE Mainboard.
Solex Energy Limited has secured work orders worth ₹74.77 Crore from domestic entities. The contracts involve the manufacture and supply of Solar PV Modules by December 2026.
Solex Energy Limited has scheduled a board meeting for August 14, 2026. The board will consider and approve unaudited financial results for the quarter ended June 30, 2026.
Solex Energy Limited will hold its 12th Annual General Meeting on September 22, 2026, through video conferencing to transact business including dividend declaration and appointments.
Solex Energy Limited has submitted its Annual Report for the Financial Year 2025-26 along with the notice convening its 12th Annual General Meeting.
Solex Energy reported Q1 FY27 revenue of ₹265.6 Cr, up 1.8% YoY. Strategy focuses on H2-weighted utility-scale module supply and backward integration into cell manufacturing.
Solex Energy reports Q1 FY27 revenue of ₹2,656 Mn (up 1.8% YoY) despite seasonal softness. Strategy centers on massive backward integration into solar cell manufacturing and BESS.
Solex Energy Ltd reported revenue from operations of ₹260.8 Cr (+0.5% YoY) and net profit of ₹8.3 Cr (-66.4% YoY) for Q1 FY27.
Solex Energy Limited has secured a ₹42.47 Crore work order from a domestic private power sector company. The contract involves supplying N-Type TOPCON solar PV modules during October 2026.
Solex Energy Limited celebrated its listing on the Bombay Stock Exchange (BSE). The company aims to reach 10 GW solar module and cell manufacturing capacity by 2030.
Solex Energy Limited has scheduled a board meeting on August 14, 2026. The board will consider and approve unaudited standalone and consolidated financial results for June 2026.
Solex Energy Limited submitted its Reconciliation of Share Capital Audit Report for the quarter ended June 30, 2026. The report confirms company shareholding details.
Solex Energy hosted the Ghana High Commissioner to discuss potential renewable energy manufacturing partnerships. The company also reiterated its roadmap for expanded solar capacity by 2030.
Solex Energy joined Solex Foundation as a guarantor member to advance CSR objectives. The commitment involves a nominal guarantee not exceeding Rs. 400.
Solex Energy Ltd received a ₹628.37 crore work order from a renowned independent power producer to supply N‑Type TOPCon solar PV modules. Execution is slated for Oct 2026‑Mar 2027.
Solex Energy incorporated a new wholly-owned subsidiary, Solex BESS Private Limited, for ₹0.1 Crore. The unit focuses on battery energy storage systems to expand renewable energy operations.
Solex Energy scheduled a board meeting on June 18, 2026, to consider a final dividend. The trading window remains closed until June 22, 2026.
Solex Energy was recognized as a 'Top Performer' in the Kiwa PVEL 2026 PV Module Reliability Scorecard. The award validates its product quality and global manufacturing standards.
Solex Energy reported exceptional FY26 results with 144% revenue growth, transitioning to an integrated clean energy firm with a major focus on N-type TOPCon modules and BESS.
Solex Energy Ltd reported revenue from operations of ₹885.5 Cr (+248.1% YoY) and net profit of ₹58.9 Cr (+290.1% YoY) for Q4 FY26.
Solex Energy Limited reported annual consolidated total income of ₹1,621.13 Crore for FY2026. The board also approved re-appointments of various auditors and directors.
Solex Energy approved the re-appointment of its Internal and Cost Auditors. The board also extended terms for Managing Director Chetan Shah and Executive Director Piyush Chandak.
Solex Energy reported a record FY26 revenue of ₹1,621.10 Crore, representing 143.9% year-on-year growth. The company achieved a standout PAT of ₹98.3 Crore.
Solex Energy reports 143.9% YoY revenue growth in FY26, transitioning to a fully integrated solar player with strategic focus on TOPCon modules and large-scale EPC.
Solex Energy Limited scheduled a board meeting on May 16, 2026, to approve audited quarterly and annual financial results. The trading window remains closed until May 18.
Solex Energy reported FY26 revenue of ₹1618.06 Crore, surpassing a major milestone. Quarterly revenue grew 247.1% YoY, driven by strong EPC project execution and high-efficiency module demand.
Solex Energy signed a ₹4,000 Crore MoU with the Government of Gujarat to establish an integrated solar cell and BESS manufacturing ecosystem. The project includes a 5 GW solar cell facility and a 10 GW battery storage facility. This landmark investment supports India's clean energy transition and enhances the company's domestic manufacturing capabilities.
Solex Energy Limited signed an MoU with the Government of Gujarat to establish a 5 GW Solar Cell Manufacturing Plant and 10 GW BESS facility. The project has an estimated cost of ₹4,000 Crore. This strategic collaboration supports the company's long-term capacity expansion goals in the renewable energy sector.