Download the app
← Latest news

Inox Clean Energy buys US solar manufacturing assets for 750 million

Business
Published on 14 May 2026
Inox Clean Energy buys US solar manufacturing assets for 750 million

A North Carolina factory deal reshapes Inox’s US footprint

Inox Clean Energy has agreed to buy Boviet Solar’s US solar manufacturing assets for $750 million, including module and cell production units in North Carolina. The acquisition is designed to give Inox Clean a stronger foothold in the expanding US solar market and accelerate its manufacturing and supply capabilities as demand grows.

  • Inox Clean Energy acquires Boviet Solar’s US assets for $750 million
  • Deal includes module and cell manufacturing units in North Carolina
  • Aims to expand Inox Clean’s presence in the growing US solar market
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.