Alpex Solar

India | News | Renewable Energy

Alpex Solar to expand UP cell plant to 2.2 GW
By November 3, 2025November 3, 2025

Alpex Solar Limited has approved the expansion of its proposed solar cell manufacturing facility in Kosi Kotwan, Uttar Pradesh, from 1.6 GW to 2.2 GW. The company will also adopt advanced G12R tunnel oxide passivated contact (TOPCon) technology as part of the upgrade. The total capital expenditure for the expansion and technology transition is estimated at Rs 31.36 billion, which will be fully financed through internal accruals. Under the revised plan, the first phase will…

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News | India | Renewable Energy

Alpex Solar raises Rs 2.6 billion to expand module manufacturing capacity
By September 29, 2025October 28, 2025

Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward integrated solar cell and module production. The preferential issue drew interest from several institutional investors and funds, including some with existing exposure to the renewable energy sector. Alpex Solar plans to increase its solar cell capacity to 1.6…

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India | News

Alpex Solar secures Rs 3.8 billion contract for solar module supply
By April 25, 2025April 25, 2025

Alpex Solar Private Limited has secured a contract worth Rs 3,805.2 million for the supply of high-efficiency solar modules for a large-scale solar power project in India. The contract was awarded on April 23, 2025. The modules are scheduled to be delivered by March 2026. Alpex Solar manufactures photovoltaic (PV) modules using both monocrystalline and polycrystalline cell technologies. This contract is among the company’s largest to date, supporting a major solar deployment project expected to…

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India | News

Alpex Solar secures Rs 2.11 billion contract for SECI’s CPSU project
By March 3, 2025March 3, 2025

Alpex Solar Private Limited has secured a Rs 2.11 billion contract from the Solar Energy Corporation of India (SECI) to supply 97.5 MWp of Domestic Content Requirement (DCR) solar PV modules for a 300 MW/390 MWp project in Ramagiri, Andhra Pradesh. This contract is part of SECI’s 1,200 MW CPSU (Tranche-III) scheme, aimed at developing a grid-connected solar PV power plant with viability gap funding (VGF) support for government use. The modules will be delivered…

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India | News

Alpex Solar secures Rs 450 million order for solar water pumps
By February 19, 2025February 19, 2025

Alpex Solar has won a Rs 450 million order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) to supply 2,000 solar-powered water pumps under the Magel Tyala Saur Krushi Pump scheme. The pumps will be manufactured at Alpex Solar’s facility in Greater Noida, which has recently expanded to a 1,200 MW capacity. Founded in 1993, Alpex initially specialized in the international trade of synthetic yarns and knitting machinery components before shifting to renewable energy. The…

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