New 2.2 GW G12R cell facility, powered by an internal accrual of ~₹136 Crore, is designed to secure long-term profitability and avoid future upgrade disruptions The company forgoes older tech, will be among nation’s first to produce high-efficiency G12R cells, with first phase operational by FY27 New Delhi, India – Alpex Solar Limited, a leading […]
Alpex Solar Secures ₹260 Crore to Expand Solar Cell, Module, and Aluminium Frame Manufacturing Capacity – EQ
In Short : Alpex Solar Ltd. has raised ₹260.17 crore (~$29.27 million) through a preferential issue of 2,146,600 equity shares and warrants. The funds will support expansion of solar module manufacturing, a 1.6 GW solar cell capacity, and a 12,000 MTPA aluminium frame facility. With a strong order book and EPC projects, Alpex aims to […]
Alpex Solar to Boost Capacity with 1.2 GW Mathura Plant, Targeting 3.6 GW Total Output – EQ
In Short : Alpex Solar will set up a 1.2 GW solar module manufacturing plant in Mathura, boosting its total capacity to 3.6 GW. The expansion aims to meet rising domestic and international demand for solar solutions, supporting India’s renewable energy targets and strengthening the nation’s position in the global solar manufacturing sector. In Detail […]
Alpex Solar and NVNR consortium bag 70 MW solar EPC contract from CMPDI – EQ
In Short : Alpex Solar and NVNR Power & Infra consortium won a ₹350 crore contract from CMPDI to build a 70 MW solar EPC project at Nandan Washery, Maharashtra. The scope includes design, construction, and a 10-year operation and maintenance agreement. Scheduled for completion in 540 days, the solar power will support captive consumption […]
Alpex Solar bags Rs 210 Cr deal for solar modules from SECI – EQ
In Short : Alpex Solar has secured a ₹210.71 crore order from SECI to supply 97.5 MW of advanced solar PV modules. The modules will be delivered over nine months from October 2025 to a project in Ramagiri, Andhra Pradesh. This deal aligns with India’s renewable energy goals and highlights Alpex Solar’s growing presence in […]
Alpex Solar Reports 423% Profit Growth in Q3, Expands Solar Module Production – EQ
In Short : Alpex Solar reported a 423% YoY profit surge in Q3, fueled by rising demand for solar modules and improved operational efficiency. The company has also expanded its module manufacturing capacity, strengthening its role in India’s solar sector. This growth aligns with the country’s push for renewable energy expansion and self-reliant solar production. […]
Alpex Solar Profit Doubles in H1 FY25 – Rs 25 Cr – EQ
In Short : Alpex Solar has reported a twofold increase in profit for the first half of FY25, reaching ₹25 crore. The growth is attributed to higher demand for solar products, improved operational efficiency, and a strong market presence. The company’s performance highlights the growing momentum in India’s renewable energy sector as businesses capitalize on […]
Alpex Solar To Invest Rs 642 Cr For Solar Cell Manufacturing – EQ
In Short : Alpex Solar plans to invest ₹642 crore in establishing a solar cell manufacturing facility. This investment aims to boost local production capabilities and contribute to India’s growing renewable energy sector. The initiative aligns with the country’s goal of increasing solar energy capacity and reducing reliance on imports, fostering sustainable development and job […]
Alpex Solar announces plan to double PV module capacity to 2.4 GW by FY26 – EQ
In Short : Alpex Solar plans to double its photovoltaic (PV) module capacity to 2.4 GW by FY 2026 through a new 1.2 GW greenfield project in Uttar Pradesh. The company is also considering expanding into solar cell manufacturing to further integrate its operations. The project will be financed through a mix of internal funds […]
Alpex Solar gets Rs 12 crore contract under PM-KUSUM in Jharkhand – EQ
In Short – Alpex Solar securing a Rs 12 crore contract under PM-KUSUM in Jharkhand underscores the government’s commitment to promoting renewable energy. This initiative not only facilitates rural electrification but also boosts local economies while advancing sustainable development goals. In Details – Alpex Solar on Thursday said it has bagged an order worth around […]