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Another new Indian BESS factory: Solex Energy to set up 5 GW solar and 10 GW battery plant at $420 million cost
Solex Energy has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage system (BESS) factory in the state, with a total planned investment of more than $420 million.