Solex Energy plans to invest Rs 1500 cr to expand capacity

Solex Energy, a leading renewable energy company in India, announced plans to invest Rs 1,500 crore to expand its solar panel manufacturing capacity. The investment will be directed towards setting up new production facilities and upgrading existing ones to meet growing demand for solar energy solutions. The expansion aligns with India’s push towards renewable energy and achieving its clean energy goals. The company aims to capitalize on government incentives and subsidies for solar energy projects, positioning itself as a key player in the renewable energy market. This move is expected to create jobs and further drive India’s green energy transition.