Solex Energy Limited Rings the Bell in Surat

Solex Energy Limited, a leading solar energy solutions provider with three decades of experience, celebrated a major milestone in Surat, marking the company’s migration from the NSE EMERGE platform to the NSE Main Board.

The event was graced by senior delegates, bankers, investors, Solex Directors and Promoters, respected clients, as well as the leadership of the Southern Gujarat Chamber of Commerce & Industry (SGCCI).

Solex was among the first companies to be listed on the NSE EMERGE platform in 2018, and since then has demonstrated strong growth and resilience.

Speaking on the occasion, Dr. Chetan Shah, Chairman and Managing Director, Solex Energy, said:, “Ringing the bell in our home city of Surat in the presence of investors, bankers, clients, and industry leaders makes this milestone truly special. Our migration to the NSE Main Board is not only a reflection of our stakeholders’ trust but also the beginning of Solex’s next chapter of growth. This underscores the nation’s commitment to powering its future sustainably.

At Solex, we have been putting our souls in solar since 1995, and with cutting-edge technology, world-class manufacturing, and a dedication to inclusive progress, we are proud to play a pivotal role in India’s clean energy journey. In the words of our Hon’ble Prime Minister Shri Narendra Modi, solar is sure, pure, and secure, principles that drive our vision for a Viksit Bharat.”

Strengthening its manufacturing

The company further strengthened its manufacturing leadership during the year. Commenced commercial production of 800 MW at the Tadkeshwar facility, bringing total operational capacity to 1.5 GW. Launched a 2.5 GW expansion project, currently in testing, with full-scale production expected by Diwali 2025. And planning an additional 2.5 GW expansion by the end of FY26, which will take the total capacity to 6.5 GW.

At the heart of Solex’s growth story is inclusivity and sustainability. More than 70% of its workforce comes from tribal and indigenous communities, underscoring its commitment to social empowerment alongside industrial growth. With its Vision 2030, the company aims to achieve 10 GW of module capacity and 10 GW of cell manufacturing capacity, while also exploring wafer and ingot manufacturing to build a fully integrated solar value chain in India.

This vision is closely aligned with the Government of India’s AatmaNirbhar Bharat and Viksit Bharat initiatives.

Solex extended its heartfelt gratitude to its partners, investors, clients, and stakeholders for their continuous trust, support, and confidence in the company’s leadership and vision.