Alpex Solar Inaugurates 2.2 GW TOPCon Plant; Shares Trade Near ₹900

Mumbai September, 17: Alpex Solar Limited has inaugurated a 2.2 GW G12R TOPCon solar cell manufacturing plant at Kosi-Kotwan Industrial Area in Uttar Pradesh, adding a new cell manufacturing facility to its existing solar business. The company said the facility spans about 9 lakh square feet and is its first integrated TOPCon solar cell manufacturing facility in Uttar Pradesh. The plant was inaugurated in the presence of dignitaries, according to the company’s September 17, 2026 press release.

The new facility adds another layer to Alpex Solar’s manufacturing operations, which already cover photovoltaic modules, solar cells, EPC solutions, solar pumps and aluminium frames.

Stock Market Snapshot

The Alpex Solar share price was around ₹900 in the latest portion of the supplied market chart, against a reference level of about ₹890. That puts the stock roughly 1% higher.

The shares opened close to ₹900 and moved around that level for most of the session. The stock briefly moved towards ₹920 earlier before giving back those gains and returning closer to ₹900.

Trading remained relatively steady through the later part of the session, with the latest price shown around ₹900. The market movement comes from the supplied trading data and has not been directly linked to the plant inauguration by the company.

2.2 GW Facility To Produce G12R TOPCon Cells

The new plant will manufacture G12R TOPCon solar cells. TOPCon technology is designed to improve solar cell efficiency and power output and is being adopted across the photovoltaic manufacturing industry.

For Alpex Solar, the facility expands its manufacturing capabilities beyond module production and supports a more integrated approach to solar manufacturing.

The company said the investment is intended to strengthen its manufacturing footprint and help it respond to demand in India’s growing solar PV market.

Alpex Solar Builds Across The Solar Value Chain

Alpex Solar has operations covering several stages of the solar manufacturing process. Its portfolio includes PV modules, solar cells, EPC solutions, solar pumps and aluminium frames.

The company operates manufacturing facilities in Uttar Pradesh and Madhya Pradesh. It said the Kosi-Kotwan plant will add to this network and increase its ability to manufacture solar cells within its own operations.

The company also highlighted its Greater Noida manufacturing facility, which spans about 150,000 square feet and supports its existing solar product operations.

Company Expands Manufacturing Capacity

Founded in 1993, Alpex Solar manufactures solar products for industrial customers and EPC companies. Its offerings include monocrystalline and polycrystalline PV modules, solar cells and solar pumping systems.

The company has also executed projects for industrial and EPC customers and has been expanding its presence in the solar value chain.

The Kosi-Kotwan facility marks a further step in that expansion, with the company adding dedicated G12R TOPCon cell manufacturing capacity in Uttar Pradesh.

Conclusion

Alpex Solar has inaugurated its 2.2 GW G12R TOPCon solar cell manufacturing facility at Kosi-Kotwan in Uttar Pradesh.

The approximately 9 lakh sq. ft. plant is the company’s first integrated TOPCon cell manufacturing facility in the state and adds cell production capacity to its existing portfolio of PV modules, EPC solutions, solar pumps and aluminium frames.

On the equity market, the Alpex Solar share price was around ₹900 in the supplied snapshot, about 1% above the displayed reference level of ₹890. The stock traded near the ₹900 mark for most of the session after briefly moving higher earlier in the day.

Source: 

• https://www.nseindia.com/get-quote/equity/ALPEXSOLAR/Alpex-Solar-Limited