INOX SOLAR AMERICAS ANNOUNCES 800-MW PV MODULE SUPPLY AGREEMENT WITH LEADING U.S. SOLAR ENERGY DEVELOPER

Major utility-scale supply agreement highlights Inox Solar Americas' U.S. manufacturing capabilities, high domestic content, PFE & supply-chain compliance, and excellent product bankability in the U.S. solar market

GREENVILLE, N.C., Sept. 8, 2026 /PRNewswire/ -- Inox Solar Americas LLC, a U.S.-based solar technology and manufacturing company specializing in advanced PV cells and high-performance PV modules, today announced that it has signed an 800-MW PV module supply agreement with a leading U.S. renewable energy developer and owner focused on developing, financing, owning, and operating utility-scale solar and energy storage projects.

Under the agreement, Inox Solar Americas will supply PV modules for two major utility-scale solar projects totaling approximately 800 MW, with individual project capacities of approximately 300 MW and 500 MW across Colorado and Georgia. PV module deliveries are scheduled to begin in 2027.

The agreement follows Inox Solar Americas' announcement last week of a separate 767-MW PV module supply agreement with another leading U.S. solar energy developer, bringing the two recently announced agreements to approximately 1.57 GW. Together, these agreements demonstrate growing customer confidence in Inox Solar Americas' U.S. manufacturing platform, technology, supply capabilities, and ability to support the evolving requirements of the U.S. utility-scale solar market.

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 800-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 two 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 fully complying with the 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 800-MW agreement marks an important commercial milestone for Inox Solar Americas and reflects the growing confidence U.S. renewable energy developers place in our advanced PV technology, U.S. manufacturing platform, and long-term commitment to the American solar market," said Ashok Nair, President & CEO of Inox Solar Americas. "As the industry places greater emphasis on domestic manufacturing, supply-chain transparency, regulatory compliance, product reliability, and long-term bankability, we are well positioned to deliver high-performance PV modules that meet the evolving technical and commercial requirements of large-scale solar projects across the United States."

The projects will utilize Inox Solar Americas' Vega Series™ bifacial PV modules powered by advanced Galaxion™ 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 800-MW agreement further reinforces Inox Solar Americas' growing bankability and position as a trusted U.S. solar manufacturing partner capable of supporting large-scale utility solar projects with advanced PV technology, domestic manufacturing, resilient supply chains, and reliable long-term performance.

INOX SOLAR AMERICAS

Inox Solar Americas, founded in 2026 in the United States, is a leading solar technology and manufacturing company specializing in advanced monocrystalline PV cells and high-performance Gamma Series™ monofacial and Vega Series™ bifacial PV modules. Inox Solar Americas' photovoltaic solutions are engineered to meet the needs of residential, commercial, industrial, community solar, and utility-scale applications, delivering exceptional efficiency, reliability, and long-term value.

Inox Solar Americas acquired Boviet Solar's U.S. PV manufacturing assets in Greenville, North Carolina, USA, including 3.0 GW of annual PV module manufacturing capacity and 3.0 GW of planned annual PV cell manufacturing capacity, expected to come online in 2027. Through localized manufacturing, resilient supply chains, operational excellence, and efficient logistics, Inox Solar Americas is helping strengthen the U.S. solar supply chain and meet growing domestic demand.

Inox Solar Americas is part of the broader renewable energy platform of Inox Clean Energy and the INOXGFL Group, headquartered in India. Backed by the group's financial strength, business stability, manufacturing capabilities, technological innovation, and industry expertise, Inox Solar Americas is committed to delivering high-quality, reliable, and sustainable solar solutions to customers across the U.S. solar energy market.

For more information, visit: bovietsolar.com, inoxclean.com and inoxgfl.com.

MEDIA INQUIRIES:
Songül Atacan
Head of Global Brand and Marketing
Inox Solar Americas | Boviet Solar USA
[email protected]

SOURCE Inox Solar Americas LLC