Solex Energy signed MoU with Gujarat Government for ₹4,000 crore integrated solar cell and BESS manufacturing project.
Project includes 5 GW solar cell manufacturing facility and 10 GW battery energy storage system manufacturing facility.
Investment supports India's clean energy transition and domestic manufacturing capabilities while generating employment opportunities.
Manufacturing will be developed in phases with Phase I at 2 GW and Phase II at 3 GW capacity.