Under the agreement, Inox Solar Americas will supply PV modules for three major utility-scale solar projects totaling approximately 767 MW, with individual project capacities of approximately 71 MW, 102 MW, and 594 MW across North Carolina and Texas. PV module deliveries are scheduled to begin in 2027.
The agreement represents a significant commercial milestone for Inox Solar Americas and demonstrates customer confidence in the company's U.S. manufacturing platform for high-domestic-content PV modules with best-in-class product quality, reliable domestic supply-chain strategy, and bankability to support the technical, commercial, and financing requirements of large-scale U.S. solar projects.
DEMONSTRATING UTILITY-SCALE BANKABILITY
The 767-MW agreement represents an important demonstration of the commercial and project-level bankability of Inox Solar Americas' PV modules. The selection of Inox Solar Americas for three large utility-scale projects reflects the technical, commercial, supply-chain, and risk considerations that developers, IPPs, investors, lenders, and other project stakeholders evaluate when selecting PV module suppliers for long-term solar assets.
The agreement demonstrates Inox Solar Americas' ability to support large-scale project pipelines through a combination of U.S. manufacturing, high domestic content, advanced PV technology, manufacturing scale, product reliability, supply-chain resilience, and long-term customer support.
SUPPORTING FEOC/PFE AND U.S. SUPPLY-CHAIN COMPLIANCE REQUIREMENTS
Inox Solar Americas is building its U.S. manufacturing and sourcing strategy to fully comply with evolving Prohibited Foreign Entity (PFE), Foreign Entity of Concern (FEOC), domestic content, supply-chain traceability, and applicable U.S. trade and energy policy requirements.
Through enhanced supplier qualification, increased domestic sourcing, and greater supply-chain transparency and component traceability, Inox Solar Americas is working to provide PV module solutions designed to support applicable project-level compliance requirements, strengthen supply-chain resilience, and reduce risk.
"This 767-MW agreement represents a significant milestone for Inox Solar Americas and demonstrates the confidence leading U.S. renewable energy developers place in our manufacturing capabilities, technology, and commitment to the U.S. solar market," said Ashok Nair, President & CEO of Inox Solar Americas. "Our customers are looking beyond module performance to domestic content, supply-chain transparency, regulatory compliance, product reliability, and long-term bankability. This agreement demonstrates our ability to meet these priorities with reliable, high-performance PV modules manufactured in the United States."
The projects will utilize Inox Solar Americas' Vega Series™ bifacial PV modules, available in single-glass and dual-glass configurations and powered by advanced Galaxion™ N-Type PV cells. Engineered for utility-scale applications, the modules deliver high power output, strong energy-yield potential, durability, and long-term reliability while supporting high levels of U.S. domestic content.
The 767-MW agreement reinforces Inox Solar Americas' growing bankability and position as a U.S. solar manufacturing partner capable of supporting large-scale utility solar projects with advanced technology, domestic manufacturing, resilient supply chains, and reliable long-term performance.
