GameChange Solar has entered into a strategic partnership with First Solar, Inc. to support deployment of domestically manufactured thin-film solar modules in India. The collaboration builds on two utility-scale solar projects in India where First Solar’s modules have already been deployed on GameChange Solar’s Genius Tracker™ systems. According to the companies, the projects have operated…
Solex Energy Limited reported a total income of Rs 1,621.1 crore for the financial year ended March 31, 2026, marking a 143.9% year-on-year (YoY) increase from Rs 664.8 crore in FY25. Revenue for the fourth quarter of FY26 stood at Rs 885.8 crore, up 247.6% YoY. The company’s Profit After Tax (PAT) for FY26 rose…
Cosmic PV Power Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise Rs 6,400 million through an initial public offering (IPO). The issue comprises a fresh equity component of up to Rs 5,400 million and an offer for sale (OFS) of Rs 1,000 million…
Solex Energy Limited has received approval for its 3.78 GW solar module manufacturing facility in Surat, Gujarat, under the Approved List of Models and Manufacturers (ALMM) framework of the Ministry of New and Renewable Energy (MNRE). The listing enables the company to supply ALMM-compliant solar photovoltaic (PV) modules to government-supported solar projects in India. With…
GREW Solar has secured an order to supply 500 MW of high-efficiency solar photovoltaic (PV) modules from a leading power developer in India. The company will deliver its M10R and G12R module series for upcoming utility-scale solar projects across multiple locations. The modules are designed to deliver higher efficiency, reliability, and performance under varied operating…
Vikram Solar Limited has signed a domestic solar cell procurement agreement with Jupiter International Limited to source 2 GW of crystalline solar cells valued at about Rs 2,000 crore. The agreement was executed on February 20, 2026. The contract covers the supply of high-efficiency Tunnel Oxide Passivated Contact (TopCon) Solar Cells and high-efficiency mono Passivated…
The Ministry of New and Renewable Energy (MNRE) has extended timelines for meeting domestic sourcing requirements for specific wind turbine bearings under the Approved List of Models and Manufacturers (ALMM). The decision covers main bearings, yaw bearings and pitch bearings, citing supply chain constraints. In an office memorandum dated February 16, 2026, MNRE revised its…
The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic modules, adding new manufacturers and expanding approved manufacturing capacity by around 17 GW. Following the revision, total enlisted solar module manufacturing capacity in India stands at about 162 GW. The revised list includes eight…
GREW Solar has secured a repeat order to supply 550 MW of solar modules to a leading Independent Power Producer. The company said the order reflects continued developer confidence in its manufacturing capacity and delivery performance for utility scale solar projects in India. GREW Solar is part of the Chiripal Group and has been expanding…
The Ministry of New and Renewable Energy (MNRE) has issued the fourth revision of its Approved List of Models and Manufacturers (ALMM) for solar photovoltaic cells. The update adds a new manufacturer and expands the approved model range of existing producers, reinforcing the government’s focus on domestic solar manufacturing. The revised list, dated February 5,…