Solarium Green Energy Limited has announced significant purchase orders worth ₹22.51 crore for the supply of advanced solar panels across multiple states, marking a substantial boost to the company's renewable energy operations under Regulation 30 compliance.

Major Purchase Orders Secured

The company has successfully obtained two high-value contracts demonstrating strong market demand for its solar energy solutions. These orders reflect the company's growing presence in the renewable energy sector across different geographical markets.

Technical Specifications and Project Details

The primary order involves supply of BIS-certified 715/720 Wp Topcon N-type Bifacial Dual Glass Solar Panels for grid-connected solar projects across Karnataka, Tamil Nadu, and Andhra Pradesh. The Puducherry project requires Solar Panel Non DCR Topcon Half Cut 132 Cell G12 panels with similar specifications.

Business Impact and Growth Prospects

These substantial purchase orders represent significant revenue opportunities for Solarium Green Energy Limited. The combined value of ₹22.51 crore from both orders demonstrates the company's ability to secure large-scale contracts in the competitive renewable energy market.

The orders underscore the growing demand for solar energy solutions and position the company favorably within the expanding renewable energy industry. According to the company's regulatory filing, these contracts are expected to strengthen revenue visibility and manufacturing capabilities, reflecting steady business growth.

Source: Company/INE0W0H01017/7de7dc29-ee7d-46fd-b6e6-28c4c042a891.pdf

Solarium Green Energy Limited has successfully commissioned its solar module manufacturing facility in Ahmedabad, Gujarat, marking a significant operational milestone for the company. The facility, which was commissioned on March 18, 2026, represents a major expansion in the company's renewable energy operations with an estimated capital expenditure of approximately ₹90 crore excluding working capital.

Facility Specifications and Investment Details

The manufacturing plant is strategically located at Survey No. 508/1 & 508/2, Village Miroli, Taluka Daskroi, District Ahmedabad, Gujarat. The facility features fully automated, latest-generation manufacturing machinery and has been designed as a technologically advanced facility capable of producing high-efficiency solar modules.

Advanced Manufacturing Capabilities

The plant is equipped to manufacture large-format G12 solar modules of up to 725 Wp using advanced technologies including TOPCon cells, half-cut cells, and bifacial modules. The facility operates with high-precision imported equipment including tabber-stringers, laminators, and sun simulators, enabling production of high-efficiency Crystalline Silicon Solar PV modules.

Revenue Potential and Strategic Impact

At approximately 85% plant utilization, the facility has the potential to generate annual revenues exceeding ₹1,000 crore, subject to prevailing market conditions and module pricing. This development supports the company's backward integration strategy announced in June 2025, as solar modules typically account for 50-60% of total EPC project costs.

Regulatory Compliance and Leadership Statement

The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Ankit Garg, Chairman & Managing Director of Solarium Green Energy Limited, commented on the achievement: "The commissioning of this facility marks a significant milestone in our growth journey. Delivered in under nine months, the plant reflects our strong execution capabilities. With a fully automated line capable of producing high-efficiency G12 modules of up to 725 Wp, this facility strengthens our supply chain, enhances execution capabilities, and supports margin improvement across our EPC business."