End-to-End Solar Solutions

About Inox Solar

Inox Solar, a 100% subsidiary of Inox Clean Energy, aims to be a fully integrated solar energy player offering end-to-end turnkey solutions from manufacturing of solar cells & modules to EPC (Project Development & execution) as well as post commissioning O&M of the projects. The company aims to rapidly scale up over the next 2 years targeting 4.8 GW of solar module and 2.4 GW of solar cell manufacturing capacity across two facilities located in the states of Gujarat and Odisha, along with strong EPC and O&M capabilities.

Powering the Future with Integrated Solar Solutions

For the INOXGFL group, solar manufacturing is a natural extension as it completes the group interests across the entire renewable energy ecosystem, making it one of the most deeply integrated group in India in the energy transition space. Inox Solar is expected to benefit from the strong synergies with other group companies – supplementing Inox Wind to provide comprehensive hybrid RE solutions to customers, backward integration with Inox Renewable Solutions for EPC & power evacuation and with Inox Green for O&M of solar projects, as well as forward integration with Inox Neo Energies for modules supplies and execute solar projects on turnkey basis.

For the INOXGFL group, solar manufacturing is a natural extension as it completes the group interests across the entire renewable energy ecosystem, making it one of the most deeply integrated group in India in the energy transition space. Inox Solar is expected to benefit from the strong synergies with other group companies –

supplementing Inox Wind to provide comprehensive hybrid RE solutions to customers, backward integration with Inox Renewable Solutions for EPC & power evacuation and with Inox Green for O&M of solar projects, as well as forward integration with Inox Neo Energies for modules supplies and execute solar projects on turnkey basis.

Inox Solar - Capitalising on the strong synergies within the INOXGFL group

The company aims to collaborate with Inox Wind to become a strong player in the domestic market where customers are particularly looking for hybrid solutions.

  • Supplementing Inox Wind to provide comprehensive hybrid (wind + solar) renewable energy solutions to customers.

  • Aims to be a strong player in the 3rd party market where customers are looking for OEMs to set up hybrid and round-the-clock renewable energy capacities and where the group company Inox Wind already has long-term relationships.

  • Integration with Inox Renewable Solutions Ltd. for solar project EPC & power evacuation leading to large revenue opportunities for Inox Renewables.

  • Large scale plug and play power evacuation infrastructure in place within the group – a strong moat for the company to expedite project execution.

  • Integration with Inox Green Energy Services for the post commissioning O&M of solar projects.

  • Inox Neo, the group Renewables IPP platform, which is setting up large scale RE projects, to provide substantial order visibility for Inox Solar.