solar manufacturing

India | News | Renewable Energy

India adds 44.2 GW of solar module capacity in first half of 2025
By October 1, 2025October 28, 2025

India’s solar manufacturing sector added 44.2 gigawatts (GW) of module capacity and 7.5 GW of cell capacity in the first half of 2025, according to Mercom India’s report State of Solar PV Manufacturing in India 1H 2025. The report links the growth to the 186 GW large-scale solar project pipeline expected between 2025 and 2027, national solar targets for 2030, and rising demand for modules compliant with the Approved List of Models and Manufacturers (ALMM)….

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India | News | Renewable Energy

Waaree Energies starts 950 MW solar module line in Gujarat
By October 1, 2025October 28, 2025

Waaree Energies Limited has commissioned a 950 MW solar module manufacturing line at its plant in Degam, Chikli taluka, Navsari district, Gujarat. The facility began operations on 30 September 2025. In September 2025, the company also added four subsidiaries under Waaree Forever Energies Private Limited, including Waaree Forever Energies Three Private Limited incorporated on 24 September. Three other step-down subsidiaries were registered earlier in the month.

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Alpex Solar raises Rs 2.6 billion to expand module manufacturing capacity
By September 29, 2025October 28, 2025

Alpex Solar Limited has raised about Rs 2.6 billion through a preferential issue of 21,46,600 equity shares and warrants. The company said the funds will be directed toward scaling up its module manufacturing capacity and progressing toward integrated solar cell and module production. The preferential issue drew interest from several institutional investors and funds, including some with existing exposure to the renewable energy sector. Alpex Solar plans to increase its solar cell capacity to 1.6…

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India | News | Renewable Energy

Inox Solar commissions 1.2 GW solar module facility in Gujarat
By September 24, 2025October 28, 2025

Inox Solar Limited, a subsidiary of Inox Clean Energy Limited, has commissioned a 1.2 GW solar module manufacturing plant at Bavla, Ahmedabad, Gujarat. This is the first phase of a planned 3 GW module facility. The Bavla plant, completed in four months, will manufacture N-type tunnel oxide passivated contact solar modules using M10, G12R, and G12 cells. The modules are bi-facial and designed to support higher capacity utilisation. Work on the second phase of 1.8…

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News | India | Renewable Energy

IREDA sanctions Rs 1,134 crore loan for Insolation Green’s solar cell plant
By September 23, 2025October 28, 2025

Indian Renewable Energy Development Agency Limited (IREDA) has approved a loan of Rs 1,134 crore for Insolation Green Energy, a wholly owned subsidiary, to develop a 4.5 GW solar cell manufacturing unit in Madhya Pradesh. The company said the total project cost is estimated at Rs 1,512 crore, of which IREDA will provide Rs 1,134 crore, with the balance Rs 378 crore to be funded through internal accruals. The plant will be set up in…

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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…

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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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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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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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