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ReNew secures Rs 8.7 billion from BII for solar cell manufacturing

ReNew Energy Global has secured an investment of Rs 8.7 billion from British International Investment (BII) in its subsidiary, ReNew Photovoltaics.  This is BII’s first investment in India’s solar manufacturing sector and involves the acquisition of a minority stake in the subsidiary. The funding will be used to build a new 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total manufacturing capacity will rise to 6.4 GW of solar modules and…

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Jindal Poly Films to fully acquire solar film maker Enerlite

Jindal Poly Films Limited (JPL), a major player in packaging films, has announced plans to acquire full ownership of Enerlite Solar Films India. Enerlite manufactures encapsulation films used in photovoltaic (PV) modules. JPL currently holds a 33.05% stake in Enerlite. The acquisition, conducted on an arm’s length basis, will make Enerlite a wholly owned subsidiary. Completion is expected within six months, pending regulatory approvals. This move aligns with JPL’s strategy to expand into the solar…

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Premier Energies forms subsidiary for silicon ingot and wafer manufacturing

Premier Energies Limited has set up a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process high-quality silicon ingots and wafers with advanced technologies. The new subsidiary, incorporated on April 20, 2025, will focus on the solar cell segment. It has an authorised share capital of Rs 1 million. The entire paid-up share capital, comprising 1,00,000 equity shares of Rs 10 each, will be held by Premier Energies Limited, making it a…

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Reliance commissions solar module manufacturing line

Reliance Industries Limited (RIL) has commissioned its first solar photovoltaic (PV) module manufacturing line at its 5,000-acre site in Jamnagar, Gujarat. Work is progressing on battery storage and hydrogen production facilities. The initial solar module capacity is 10 GW per year, expandable to 20 GW. A 1 GW heterojunction (HJT) solar module line is operational, with modules rated up to 720 watt-peak. Reliance is also setting up 30 GWh of battery manufacturing, beginning with a…

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WorldOne Energies commissions 1.2 GW solar module line with TOPCon tech

WorldOne Energies has launched a 1.2 GW solar module manufacturing line to produce its Supreme Series n-type TOPCon monocrystalline bifacial modules. These modules range from 525 Wp to 650 Wp and are built with 144 or 156 half-cut cells. The new line is designed for speed and efficiency. According to the company, it operates 33 percent faster than standard Indian lines. This helps boost throughput and reduce lead times. The facility also includes India’s largest…

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Jupiter International secures Rs 5 billion to boost solar manufacturing

Jupiter International Limited has raised Rs 5 billion from ValueQuest SCALE Fund and its affiliates to expand its solar manufacturing business. This is the second round of investment from ValueQuest in the company. The funds, combined with internal accruals, will go toward an ongoing capital expenditure program. The goal is to increase production capacity to 5.6 GW for solar cells and 2.4 GW for solar modules. Jupiter aims to become a key player across the…

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Inox Solar secures land in Odisha for 4.8 GW solar manufacturing plant

Inox Solar, a subsidiary of Inox Clean, has received land allocation from the Odisha government for its solar cell and module manufacturing plant in Dhenkanal. The planned facility will have a capacity of 4.8 GW each for solar cells and solar modules. It is part of the Rs 40 billion investment announced earlier this year by the INOXGFL Group, aimed at setting up a large-scale solar manufacturing unit in the state. Approved by the High-Level…

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Goldi Solar launches AI-powered solar module line, Vikram Solar expands battery manufacturing

Goldi Solar has introduced an artificial intelligence (AI)-driven solar module manufacturing line at its new facility in Kosamba, Surat, Gujarat.  The facility, designed for a production capacity of 14 GW, features high-speed stringers capable of processing 10,000 cells per hour. AI-driven automation ensures consistency, minimizes errors, and reduces material wastage. An AI-powered optical inspection system enables real-time quality control, using computer vision to detect microscopic defects. The facility includes a fully integrated pre-lamination section with…

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Gautam Solar sets up new solar module facility in Haryana

Gautam Solar has launched a new solar module manufacturing facility in Bhiwani, Haryana, achieving full-scale operations within a year.  Spanning 60 acres, the fully automated plant has already surpassed a 2 GW production capacity, with plans for further expansion.  The facility is currently installing two high-speed production lines sourced from Tier-1 suppliers, set to increase capacity to 3.2 GWp by March 2025. The company aims to scale up to a total capacity of 5 GW…

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Jupiter International to invest Rs 65 billion to expand solar manufacturing

Jupiter International has announced plans to invest Rs 65 billion over the next three years to expand its solar manufacturing capabilities.  The investment will increase its production capacities to 3 GW for wafers, 9.4 GW for solar cells, and 6 GW for module assembly, enabling the company to meet rising demand for solar solutions while gaining full control over its manufacturing value chain. The company aims to build an integrated supply chain for all stages…