SOLEX

Dec 10 (Reuters) - Solex Energy Ltd SOEX.NS:

• GETS ORDER WORTH 290 MILLION RUPEES

Source text: [ID:]

Further company coverage: SOEX.NS

(([email protected];;))

** Indian solar module makers rise as U.S. slaps new round of tariffs on panel imports from four Southeast Asian nations

** Tata Power TTPW.NS adds 0.6%, Websol Energy WESL.NS rises 1%, Solex Energy SOEX.NS increases 1.5%, Waaree Energies WAAN.NS climbs 3.1% and Premier Energies PEME.NS up 3.6%

** Indian firms are one of the top suppliers of solar modules to the U.S.

** WAAN rises for fourth straight session, PEME gains for sixth session to hit an all-time high of 1,278 rupees

** TTPW shares up 25% YTD; PEME has risen 29% since listing in September and WAAN has increased 12% since October listing

(Reporting by Sethuraman NR)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

Oct 3 (Reuters) - Solex Energy Ltd SOEX.NS:

• GETS ORDER WORTH 76.7 MILLION RUPEES

Source text for Eikon: ID:nNSE2yRrsf

Further company coverage: SOEX.NS

(([email protected];;))

** Shares of solar module maker Solex Energy SOEX.NS rise an exchange-allowed maximum of 10% to a record high of 1,561 rupees

** Co said on Monday it aims to invest about $1 bln by 2030 to expand existing capacities and venture into solar cell making

** Separately, co won work order worth 519.7 mln rupees ($6 mln) from Zodiac Energy for installation of solar PV modules

** Stock has surged over four-fold so far this year

($1 = 83.8030 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

NEW DELHI, Sept 30 (Reuters) - Indian solar module maker Solex Energy SOEX.NS said on Monday that it aims to invest about $1 billion by 2030 to expand its existing capacities and venture into solar cell making.

The company is in talks with multiple investors including international green funds, private equity firms and Indian lenders to raise at least 12-15 billion rupees ($140-180 million) immediately via both debt and equity, said Vipul Shah, a director at Solex.

Solex, which has an annual solar module making capability of 700 megawatts (MW), will expand this to 1.5 gigawatts by the end of the year and is looking to add a further 2.5 GW of module capacity by the end of 2026.

The company is looking to have at least 1 GW of annual solar cell manufacturing in place by mid-2027, which it aims to expand to 2GW with a total investment of 10-12 billion rupees ($125-140 million), Shah said.

The company, which is listed on the NSE exchange's small and medium-sized enterprises platform, is eyeing listing on NSE's main board by the year-end, Shah said.

Mainboard listing will help the company with more liquidity options, including investment opportunities from foreign institutions, Shah added.

An increasing number of Indian companies are looking to boost their solar module capacity and venture into cell production as the Indian government pushes for more domestic manufacturing.

The government wants to add 500 GW of clean energy capacity by 2030 to reduce carbon emissions.

(Reporting by Sethuraman NR; Editing by Kevin Liffey)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

Aug 8 (Reuters) - Solex Energy Ltd SOEX.NS:

• APPROVED ISSUANCE OF BONUS SHARES IN RATIO OF 1:4

Further company coverage: SOEX.NS

(([email protected];))

Aug 6 (Reuters) - Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY LTD -GETS WORK ORDER WORTH 73.6 MILLION RUPEES

Source text for Eikon: ID:nNSE2zvlnX

Further company coverage: SOEX.NS

(([email protected];))

Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY - GETS ORDER WORTH 35.3 MILLION RUPEES

Source text for Eikon: ID:nNSE1t5WqJ

Further company coverage: SOEX.NS

July 15 (Reuters) - Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY - SIGNING OF CONTRACT WITH RIOCONN INTERACTIVE

• SOLEX ENERGY - CONTRACT FOR PLANNING, PREPARING SOCIAL MEDIA ADVERTISING

Source text for Eikon: ID:nNSE9jwkkc

Further company coverage: SOEX.NS

(([email protected];))

July 11 (Reuters) - Solex Energy Ltd SOEX.NS:

• GETS ORDER WORTH 160.1 MILLION RUPEES

Further company coverage: SOEX.NS

(([email protected];))

July 3 (Reuters) - Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY - GOT WORK ORDER WORTH 62.6 MILLION RUPEES

Source text for Eikon: ID:nNSE8Kyw4S

Further company coverage: SOEX.NS

(([email protected];))

July 2 (Reuters) - Solex Energy Ltd SOEX.NS:

• GETS WORK ORDER FOR 9.3 MLN RUPEES

Source text for Eikon: ID:nNSE6TnC3y

Further company coverage: SOEX.NS

(([email protected];))

July 1 (Reuters) - Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY LTD - GETS ORDER WORTH 34 MILLION RUPEES

Source text for Eikon: ID:nNSE33M27C

Further company coverage: SOEX.NS

(([email protected];))

June 19 (Reuters) - Solex Energy Ltd SOEX.NS:

• RECEIVED A WORK ORDER WORTH 94.5 MILLION RUPEES

Source text for Eikon: ID:nNSE6hv8fL

Further company coverage: SOEX.NS

(([email protected];))

May 23 (Reuters) - Solex Energy Ltd SOEX.NS:

• SIGNING MOU WITH GMEE SC SOLAR AND ATW FOR 800 M.W CAPACITY EXPANSION

• EXPANSION WITH INVESTMENT OF 700 MILLION RUPEES OF EXISTING PLANT

Source text for Eikon: ID:nNSE15Jf8c

Further company coverage: SOEX.NS

(([email protected];))

April 30 (Reuters) - Solex Energy Ltd SOEX.NS:

• RECEIPT OF WORK ORDER

• ORDERS WORTH 13.2 MILLION RUPEES AND 26.8 MILLION RUPEES

Source text for Eikon: ID:nNSE1sybdv

Further company coverage: SOEX.NS

(([email protected];))

** Shares of Solex Energy SOEX.NS rise as much as 16.8% to 720 rupees, highest since Aug. 28

** Electric utilities maker receives work order worth 129.2 mln rupees ($1.6 mln)

** More than 28,000 shares traded, 1.1x the 30-day avg

** Stock trading above 200-day simple moving avg since Jan. 3

** SOEX gained 13% so far this week

($1 = 83.0075 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

Feb 8 (Reuters) - Solex Energy Ltd SOEX.NS:

• SOLEX ENERGY LTD - RECEIVED A WORK ORDER

• SOLEX ENERGY LTD - WORK ORDER FOR 129.2 MILLION RUPEES

Source text for Eikon: ID:nNSE77pPyg

Further company coverage: SOEX.NS

(([email protected];))