Acquiring Company
Inox Clean Energy
Acquired Company
Boviet Solar
NoidaManufacturingEnergyRenewable EnergyDescription
Inox Clean Energy has completed the acquisition of Boviet Solar Technology LLC’s US solar manufacturing assets for ₹7,175 crore (approximately $750 million). This strategic move aims to enhance Inox Clean's presence in the US solar supply-chain market. The acquisition includes both an operational and an under-construction solar manufacturing facility, creating a significant 6 GW integrated solar base. The company expects to benefit from US government incentives for clean energy manufacturing.
Quick answer
Inox Clean Energy is acquiring Boviet Solar for $0 million, announced May 16, 2026. Inox Clean Energy is based in Noida, Uttar Pradesh, India.
- How much did Inox Clean Energy pay for Boviet Solar?
- The reported deal value is $0 million.
- What does Inox Clean Energy do?
- Inox Clean Energy is a privately held subsidiary of the INOXGFL Group.
- Where are Inox Clean Energy and Boviet Solar based?
- Inox Clean Energy is based in Noida, Uttar Pradesh, India.
- Who are the decision-makers at Inox Clean Energy?
- Fundz holds 1 contact at Inox Clean Energy. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Inox Clean Energy, and when
When Inox Clean Energy changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Inox Clean Energy raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Inox Clean Energy, from your own LinkedIn network
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Frequently asked
Who acquired Boviet Solar?
Boviet Solar was acquired by Inox Clean Energy, based in Noida. The deal was reported on May 16, 2026. Inox Clean Energy is a privately held subsidiary of the INOXGFL Group. The company focuses on manufacturing solar cells and modules and is engaged in captive hybrid power production. Inox Clean Energy is privately held and operates in Manufacturing.
When did Inox Clean Energy acquire Boviet Solar?
Inox Clean Energy's acquisition of Boviet Solar was reported on May 16, 2026. Inox Clean Energy has completed the acquisition of Boviet Solar Technology LLC’s US solar manufacturing assets for ₹7,175 crore (approximately $750 million). This strategic move aims to enhance Inox Clean's presence in the US solar supply-chain market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Boviet Solar do?
Boviet Solar is involved in solar module manufacturing and specializes in producing photovoltaic products. The company has a significant presence in the solar energy industry, contributing to renewable energy advancements. It is privately held.
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