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Home › Renewable energy ›Inox Solar Secures INR 7,000 Crore Deal with China’s LONGi to Supply 5 GW of Solar Modules

Inox Solar Secures INR 7,000 Crore Deal with China’s LONGi to Supply 5 GW of Solar Modules

Inox Solar, part of the INOXGFL Group, has signed an INR 7,000 crore contract with China’s LONGi Green Energy to supply 5 GW of solar modules over three years, enabling LONGi to serve ALMM-compliant projects in India.

October 27, 2025. By Mrinmoy Dey

Inox Solar, part of the INOXGFL Group, has signed an INR 7,000 crore contract with China’s LONGi Green Energy Technology Co. Ltd. to supply 5 GW of solar modules over the next three years.

Under the agreement, LONGi will procure modules from Inox Solar for the Indian market and extend support through its globally recognised quality assurance protocols and production expertise to ensure products meet international standards.

Speaking on the development, Devansh Jain, Executive Director, INOXGFL Group, stated, "We are committed to supporting India's ambition of becoming a self-reliant solar manufacturing hub. Collaborations such as this are vital in bringing global technology and quality benchmarks to the domestic industry."

Kailash Tarachandani, Group CEO Renewables, INOXGFL Group, added, "Aligning with a global leader like LONGI allows us to accelerate our journey toward manufacturing excellence. This partnership will help ensure that the Indian market continues to have access to advanced and competitive solar technologies."

This move is interesting because LONGi is a leading supplier of solar modules globally. In H1 2025, LONGi reported a 26 percent YoY growth in its solar module shipments to 39.57 GW. However, increasingly the Chinese companies are facing tariff barriers in global markets including US and India.

Moreover, in India, and the requirement to source solar modules from the Approved List of Models and Manufacturers (ALMM) for majority of utility-scale projects restricts use of imported modules. This policy along with Production Linked Incentives (PLI) scheme have been instrumental in boosting domestic production of solar modules. India currently has over 110 GW of solar module manufacturing capacity and about 27 GW of cell capacity, projected to reach around 40 GW by year-end.

This deal with Inox Solar will allow LONGi to supply to projects which comes under the purview of ALMM.

Frank Zhao, President, LONGI APAC, said, "LONGI is dedicated to working with multiple partners across India to drive clean energy adoption. Through knowledge sharing and technical cooperation, we aim to support the growth of high-quality solar manufacturing in the region, in line with India's renewable energy goals."

It also aligns with Inox Solar’s expansion plans in domestic manufacturing. The company in September 2025 commenced operations at its solar module plant in Bavla, near Ahmedabad, with a capacity of 1.2 GW in the first phase. The fully-automated plant, equipped with cutting-edge technology, manufactures most advanced N-type TOPCon solar modules using M10, G12R and G12 solar cells. In the second phase, the company plans to add another 1.8 GW of capacity, scaling it up to a total of 3 GW.

Additionally, Inox Solar is developing an integrated solar cell and module facility in Dhenkanal, Odisha, with a total capacity of 4.8 GW. This will involve an approximate investment of INR 4,000 crore.

In July 2025, Inox Solar’s parent company Inox Clean Energy filed draft papers with Securities and Exchange Board of India (SEBI) via the confidential route for its proposed initial public offering (IPO). The company reportedly aims to raise at least INR 6,000 crore through the IPO.

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Module Supply Agreement