Multi Infrastructure and Engineering Private Limited (MIEPL) has secured a contract from Central Electronics Limited (CEL) to set up a 200 MW solar module manufacturing facility in Ghaziabad, Uttar Pradesh. The project tender was floated by CEL in April 2025. It will be implemented on a revenue-sharing model under the Make in India initiative. MIEPL…
Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve…
SAEL Industries Limited has announced plans to establish a solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The facility will have an annual production capacity of 5 GW and is expected to attract an investment of around Rs 50 billion. This marks SAEL’s entry into solar cell manufacturing. The company may also expand into…
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…
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….
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…
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,…
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…
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…
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…