Solarium Green Energy Limited has signed multiple Memorandums of Understanding (MOUs) dated November 04, 2025 with reputed Solar Industry players for the supply of Solar Photovoltaic (PV) ....
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Solarium Green Energy has signed MOUs with four solar industry players — Solergy India (35 MW), Sunstore Solar (30 MW), ARM Renewables (20 MW), and Suntek Energy/Truzon Solar (15 MW) — for the supply of 100 MW of solar PV modules in 2026, valued at approximately ₹140 crore (based on a unit price of ₹14 per watt, ex-works). The total estimated volume is around 1,41,000 modules, to be manufactured at the company's upcoming solar module facility expected to commission by January 2026, producing G12 and G12R series modules with power outputs above 720 WP and 620 WP. Payment terms include a 10% advance with the remaining 90% before dispatch, and the MOUs are valid until June 2026. The company has stated these agreements demonstrate strong market demand for its upcoming solar module technology and will support future revenue visibility and order book growth.
This is a positive commercial development that signals early demand traction for Solarium's upcoming module manufacturing facility, potentially strengthening its future order book and revenue visibility. However, these are MOUs (not firm purchase orders), the manufacturing plant is not yet operational (commissioning targeted January 2026), and the final order value remains subject to tax, duty, and market changes — so execution risk remains until converted to confirmed orders.