Alpex Solar Seeks ALMM List-II Inclusion for 2.2 GW Solar Cell Plant in India
Alpex Solar, a manufacturer of high-precision solar PV modules and systems, has announced its application for inclusion in the Approved List of Models and Manufacturers (ALMM) List-II by the Ministry of New and Renewable Energy (MNRE) in India. The company is preparing to commence commercial production at its 2.2 GW TOPCon G12R solar cell manufacturing facility in Mathura by August 2026. This state-of-the-art plant is expected to become operational within a record time of 15 months from the announcement date. Alpex Solar has demonstrated robust growth, supported by timely execution, improved capacity utilization, and a strong order book. The company reported significant financial achievements in FY26, including an operating revenue of INR 2,223.27 Cr and an EBITDA of INR 327.39 Cr.