ConnectM Subsidiary Secures $16.5 Million Solar Deployment Agreement with Alpex Solar

Reuters
02/04
ConnectM Subsidiary Secures $16.5 Million Solar Deployment Agreement with Alpex Solar

ConnectM Technology Solutions Inc.'s wholly owned subsidiary, Cambridge Energy Resources Private Limited (CER), has entered a definitive agreement with Alpex Solar Ltd. to execute and deliver distributed solar project development and deployment in India. The agreement covers an initial pipeline of approximately 5,000 solar irrigation pumps, representing an estimated $16.5 million commercial opportunity, to be executed over the next 24 months. Under the agreement, Alpex will supply PV modules and act as the primary contracting and collections entity, while CER, through its CER Rooftop unit, will handle balance-of-system design, sourcing, kitting, logistics, and part of the execution support. The partnership is intended to expand CER Rooftop's project pipeline across rooftop solar, commercial and industrial deployments, and agricultural solar pumping.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectM Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-009972), on February 04, 2026, and is solely responsible for the information contained therein.

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