The approval covers the company's manufacturing facility located at Tadkeshwar on the Kim–Mandvi Road in Surat, Gujarat. The plant has been listed with an annual solar photovoltaic module manufacturing capacity of 3,782 MW, reflecting the company’s ongoing expansion in domestic solar manufacturing.
The ALMM listing includes several high-efficiency bifacial N-Type TOPCon solar modules with power ratings of up to 625 Wp. These modules are designed to deliver higher efficiency and improved performance for large-scale solar power projects.
The company said inclusion in the ALMM framework ensures that its modules meet the quality, reliability and domestic manufacturing standards mandated by the Government of India for solar projects supported under public procurement and government programmes.
Dr. Chetan Shah, chairman and managing director of Solex Energy, said, "The expansion of our manufacturing capacity under MNRE’s ALMM framework reflects the strong and growing demand for Solex’s high-quality solar modules across the market. At Solex, we continuously invest in advanced manufacturing capabilities to scale our production and support our customers with reliable, high-efficiency solar solutions. This capacity expansion reinforces our commitment to strengthening India’s domestic solar manufacturing ecosystem while accelerating the transition towards clean and sustainable energy."
Gujarat-based Solex Energy has been operating in the solar industry since 1995 and manufactures photovoltaic modules from its automated facility in Gujarat while also providing EPC solutions across utility, commercial and industrial solar segments.
On a consolidated basis, net profit of Solex Energy declined 38.01% to Rs 8.71 crore whle net sales rose 136.08% to Rs 317.90 crore in Q3 December 2025 over Q3 December 2024.