Recently, Solex Energy, a photovoltaic company based in Gujarat, India, announced that it has received a solar module supply order totaling INR 54.462 billion (approximately RMB 43.79 billion) from five companies under the Zelestra Group. The company confirmed this news in a stock exchange filing. The order involves 615/620Wp bifacial dual-glass modules (G12R specification) utilizing N-type TOPCon technology, with delivery scheduled from February to November 2026.
It is understood that the Zelestra Group, headquartered in Bilbao, Spain, is a vertically integrated renewable energy developer with operations across 13 countries globally. Currently holding a global project pipeline of 19 GW, this order represents a significant step in its strategy to expand its photovoltaic footprint. Solex Energy, as an established Indian PV enterprise founded in 1995, has evolved into a company with advanced manufacturing capabilities. Its Surat factory can produce high-efficiency modules with power outputs of up to 750Wp. This order is expected to fully leverage its production capacity advantages.
