Gujarat-based Solex Energy plans an investment of over INR 8,000 crore ($954.5 million) as part of its Vision 2030 to advance solar technology and scale up operations, positioning the company as a fully integrated player in the field of solar energy.
As part of this ambitious plan, Solex is exploring the development of a solar cell production facility with an initial capacity of 2 GW, designed to scale up to 5 GW. The initial cell capacity of 2 GW will be based on TOPCon technology. It is planned in two phases of 1 GW each, with the first 1 GW to start production at the end of 2025 and the other 1 GW at the end of 2026.
The company also plans to increase module production capacity from 1.5 GW to 15 GW by the end of December 2024. It currently has a module production capacity of 700 MW, with an additional 800 MW to begin production in December this year.
Solex aims to expand its workforce to more than 25,000 to support this growth in solar energy production.
Solex recently launched its Tapi-R series PV modules, based on n-type TOPCon cells in a rectangular design. “Named after the Tapi River, a symbol of vitality in the region where Solex is headquartered, and the ‘R’ for the rectangular cell design, the series significantly improves energy efficiency and reliability,” the company said.
The Tapi-R series modules consist of 132 half-cut cells based on 182.2 mm x 210 mm wafers, delivering up to 625 W of power with a module efficiency of 23.14%.
Solex said the Tapi-R series modules are particularly suitable for large-scale solar projects in challenging environments, such as deserts and arid areas, with a bifaciality factor of approximately 80% and a flow temperature coefficient of -0.28%/C. The series comes with an extended 12-year product warranty and a 30-year linear performance warranty.
This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.
Popular content
