Solex Energy shares surged 5% and locked in the upper circuit after the company announced that it has officially begun manufacturing solar photovoltaic modules at its newly built facility in Surat, Gujarat. The update was shared under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, confirming the commencement of full-scale commercial production.
The new plant, located at Block No. 938, Plot No. 1 (A-Type), Tadkeshwar, Mandvi, Surat, is equipped with a 2.2 GW annual production capacity, positioning Solex Energy for a stronger play in India’s fast-expanding renewable energy market. The company noted that production went live on November 24, 2025, marking a major milestone in its push for advanced, sustainable energy solutions.
With this expansion coming at a time when domestic demand for high-efficiency solar modules is rising, investors responded positively, sending the stock sharply higher in early trade. The launch of this state-of-the-art unit is expected to support Solex Energy’s growth plans and enhance its competitiveness in the solar manufacturing ecosystem.
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