Insolation Green Energy Secures INR 36 Crore Solar Modules Supply Order from Nexgen Energies
Insolation Energy (INA Solar) has announced that its wholly-owned subsidiary, Insolation Green Energy, has secured an INR 36.01 crore order from Nexgen Energies for the supply of Mono PERC solar modules.
April 15, 2025. By Mrinmoy Dey
“The order will be fulfilled in the financial year 2025-26. This achievement marks a key milestone in our continued commitment to delivering cutting-edge renewable energy solutions and reinforces our strong market presence in the solar energy sector,” stated the company in a regulatory filing.
Last month, Insolation Green Energy secured its largest-ever single sale order worth INR 733.04 crore from KPI Green Energy for the supply of N-type bifacial (G to G) solar PV modules. The company also received a 25 MW solar module supply order from Teerth Gopicon worth INR 32 crore.
In the same month, INA Solar secured 38.43 MW of solar power projects under the Component A of PM-KUSUM Yojana in Rajasthan. “The contracts will lead to an investment of approximately INR 134 crore and will generate an annual revenue of about 18.33 crore,” the company stated in an earlier filing.
Earlier, the company secured 78 MW rooftop solar projects worth INR 340.20 crore in state government buildings in Jaipur, Dausa and Churu districts of Rajasthan under hybrid annuity mode from Rajasthan Renewable Energy Corporation (RREC).
INA Solar achieved a consolidated unaudited provisional revenue of INR 1,338 crore in FY 2024-25, marking an 80.49 percent increase compared to INR 741.32 crores recorded in FY 2023-24.
The company is also ramping up its production capacities to cater to the increased demand. “By 2025-26, INA Solar will achieve a production capacity of 8 GW PV modules, 3 GW solar cells, and 54,000 MTA aluminium frames, reinforcing its leadership in the industry,” shared the company.
please contact: contact@energetica-india.net.
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