Pixon Green Energy signs MoU for 1 GW solar cell, module capacity in Gujarat

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Pixon Green Energy is adding 1 GW of solar module manufacturing capacity in Gujarat with backward integration into 1 GW of PV cell production. Currently, it has 1 GW of solar modules and 1 GW of EVA manufacturing units in the state.

The company has signed a memorandum of understanding (MOU) with the Government of Gujarat for investments worth INR 1,020 crore ($123 million) in the production capacity expansion, which is estimated to create employment for around 1,050 people.

“The new module facility will start the production by FY 2026-27, and we are coming up with mono PERC, HJT and TOPCon solar panels,” Pixon Energy told pv magazine.

The land identification for the solar cell manufacturing unit is ongoing. This unit is tentatively planned to start production by FY 2027-28

 

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