solar manufacturing

India | News | Renewable Energy

RP-Sanjiv Goenka Group to set up Rs 3,000 crore solar hub near Noida airport
By September 19, 2025October 28, 2025

The Yamuna Expressway Industrial Development Authority (Yeida) has announced that the RP-Sanjiv Goenka Group will develop a renewable energy project in Sector 8B near Noida International Airport, with a planned investment of Rs 3,000 crore. The project will include a 3 GW solar cell facility and an integrated solar ecosystem hub. The plan includes a 60 MW captive solar and energy storage plant. Advanced solar technologies such as tunnel oxide passivated contact (TOPCon) and perovskite-tandem…

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Vikram Solar posts 79.7% revenue growth in Q1 FY 2025-26
By September 11, 2025October 28, 2025

Vikram Solar Limited has reported revenue of Rs 11.33 billion for the first quarter of FY 2025-26, ending June 30, 2025. This reflects a 79.7 per cent increase from Rs 6.30 billion in the same period last year. Earnings before interest, taxes, depreciation, and amortisation stood at Rs 2.42 billion in Q1 FY 2025-26, compared to Rs 1.11 billion in Q1 FY 2024-25, representing a 117.3 per cent year-on-year increase. Vikram Solar has announced plans…

Read More Vikram Solar posts 79.7% revenue growth in Q1 FY 2025-26
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GREW Solar raises Rs 3 billion from investors
By September 10, 2025October 28, 2025

GREW Solar has raised Rs 3 billion from a group of investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings. The company will direct the capital towards product development, technology upgrades, and business expansion. GREW Solar operates as the renewable energy subsidiary of the India-based Chiripal Group and manufactures solar photovoltaic (PV) modules. Established in 2022, the company has expanded its production capacity and is pursuing large-scale projects. By 2025, the company’s operational module…

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News | India | Renewable Energy

Gautam Solar to invest Rs 4,000 crore in 5 GW solar cell plant in Madhya Pradesh
By September 9, 2025October 28, 2025

Gautam Solar Pvt Ltd has announced plans to invest Rs 4,000 crore in a new solar cell manufacturing facility in Madhya Pradesh. The project will be located on a 54-acre site in Gwalior. According to the company, the facility will focus on producing advanced Tunnel Oxide Passivated Contact (TOPCon) solar cells, with a total planned capacity of 5 gigawatts (GW) per year. The development will be implemented in phases. Phase 1, now underway, will establish…

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India | News

Jakson Engineers to set up 6 GW integrated solar plant in Madhya Pradesh
By August 27, 2025August 27, 2025

Jakson Engineers Ltd, part of the Jakson Group, will invest over Rs 8,000 crore to establish a 6 GW integrated solar module, cell, and wafer manufacturing plant at Maksi Phase II in Madhya Pradesh. The facility will be developed in two stages. In Phase I, the company will set up 3 GW of solar modules and 3 GW of solar cell capacity at a cost of about Rs 2,000 crore. Phase II will add 6…

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India | News

First Solar sues Adani Group firm over alleged patent infringement
By August 14, 2025August 14, 2025

US solar cell manufacturer First Solar has filed a lawsuit against Adani Group’s Mundra Solar PV Ltd (MSPVL) in a Delaware court, alleging infringement of two patented solar panel manufacturing technologies. The company has sought compensation but has not disclosed the amount. According to Mint, First Solar contacted the Adani Group on April 1, claiming the technologies had been copied. MSPVL denied the allegations and, on April 15, asked the court to rule that it…

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Alpex Solar to set up 1.2 GW solar module plant in Mathura
By August 14, 2025August 14, 2025

Alpex Solar Ltd will establish a 1.2 GW solar module manufacturing plant in Mathura, Uttar Pradesh, as part of its capacity expansion. The board has approved the project, which will raise total manufacturing capacity to 3.6 GWs. The facility, with an investment of Rs 110 crore funded through internal resources and credit, is scheduled to start operations in FY 2026–27. The expansion comes after a sharp rise in Q1 FY 2026 performance. Net profit rose…

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India crosses 100 GW solar module manufacturing capacity under ALMM
By August 14, 2025August 13, 2025

India has reached 100 GW of solar photovoltaic (PV) module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM) for Solar PV Modules. Union Minister for New and Renewable Energy Pralhad Joshi said the increase was enabled by policy measures such as the Production Linked Incentive (PLI) Scheme for high-efficiency solar modules. He noted that this capacity growth supports India’s goal of 500 GW of non-fossil fuel capacity by 2030. The ALMM…

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India | News

Waaree begins operations at 1.8 GW solar module unit in Gujarat
By August 1, 2025August 1, 2025

Waaree Energies has started production at its new solar module manufacturing plant in Chikhli, located in Gujarat’s Navsari district. The facility adds 1.8 GW to the company’s annual module output. With this addition, Waaree’s total installed solar module manufacturing capacity has reached 16.8 GW. The company also runs a solar cell production line with 5.4 GW of annual capacity and is actively expanding across the solar manufacturing chain. Waaree plans to raise its annual capacity…

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India | News

Navitas Solar receives Rs 404.8 million from Parishi Capital to expand Gujarat plant
By July 25, 2025July 25, 2025

Navitas Solar has received an investment of Rs 404.8 million from Parishi Capital to expand its solar module manufacturing facility in Ahmedabad, Gujarat. The funding was completed in two tranches, with the first round raised in 2023. The investment will support capacity expansion from 1.7 gigawatts (GW) to 2.5 GW. A third round of funding is planned to help the company set up a 3 GW solar cell manufacturing plant by 2026. Navitas Solar, based…

Read More Navitas Solar receives Rs 404.8 million from Parishi Capital to expand Gujarat plant