Inox Solar Signs LONGi Deal to Supply 5 GW Modules in India

In a major move to strengthen India’s solar infrastructure, Inox Solar has signed an agreement with LONGi to supply 5 GW of solar modules over 3 years, as per the news reports. This collaboration will support the country’s renewable energy targets, while scaling Inox Solar’s manufacturing footprint across Gujarat and Odisha.

Inox Solar and LONGi Join Hands for 5 GW Module Supply

Inox Solar Ltd, a subsidiary of Inox Clean Energy, has signed a Memorandum of Understanding (MoU) with LONGi (HK) Trading to supply up to 5 GW of photovoltaic solar modules by 2028. This multi-year deal will enhance domestic access to cutting-edge solar technology and strengthen India's solar value chain.

Boosting India's Renewable Energy Manufacturing

As per the news reports, Kailash Tarachandani, Group CEO of INOXGFL, stated that working with LONGi would accelerate Inox Solar’s manufacturing capabilities aligned with international standards. The partnership is expected to help reduce the adoption lag of advanced solar technologies in India, enabling quicker integration of innovations.

Initiatives in Gujarat and Odisha

Inox Solar has launched operations at its solar module facility in Bavla, Ahmedabad, Gujarat, with an initial 1.2 GW capacity. The unit is set to scale up to 3 GW in its second phase, which is scheduled for completion in the coming weeks. Additionally, a 5 GW integrated solar cell and module manufacturing plant is on the rise in Dhenkanal, Odisha, adding further momentum to India’s clean energy objectives.

Read More: China’s LONGi Green Energy to Source ₹7,000 Crore Solar Modules from Inox Solar!

LONGi’s Vision and Collaborative Knowledge Sharing

LONGi aims to contribute significantly to India’s clean energy shift by sharing know-how and technology with its Indian partners. The company's support will be instrumental in achieving the Indian solar market's target of high-grade manufacturing and technology inclusion, which is crucial for both commercial deployment and energy security.

Conclusion

With Inox Solar’s manufacturing expansion and the 5 GW module supply agreement with LONGi, India’s solar trajectory is set for a considerable boost. This strategic collaboration promotes not only energy sustainability but also reinforces domestic manufacturing in alignment with global standards.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.