Onix Solar Energy Ltd — Important, 22-06-2026: Company Update

Onix Solar Energy is expanding its solar module manufacturing, with a 1.2 GW facility under development and a new 200 MW unit nearing completion. The company focuses on high-efficiency Mono PERC and TOPCon bifacial modules, with plans for a 1.2 GW expansion in Rajkot. Strong government policy support and export opportunities, including USD 1.97 billion in exports to the US in FY24, are driving growth. Parent company Onix Renewable Limited invested to bolster this solar manufacturing push. The parent projects substantial revenue growth from 29.81 Cr in FY25 to 1,471.60 Cr by FY29.