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India’s solar module manufacturing industry to see growth: CRISIL

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India’s solar module manufacturing industry is poised for significant growth over the next five years, driven by domestic demand projected at 50-55 gigawatts (GW) annually from FY24 to FY30, according to a report by CRISIL. This growth will lead to oversupply, creating export opportunities starting from FY25.  In FY24, India exported about seven GW of solar modules, which accounted for 50% of domestic production. However, by FY30, exports are expected to decline to 25-32% of…

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Airox Nigen launches 600 MW solar module line in Haryana

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Airox Nigen has established a 600 MW solar module manufacturing line in Rohnat, Haryana, as part of its larger 2 GW renewable energy project.  According to the company, the facility, located in a 17-acre renewable energy park, is positioned to become a significant hub for sustainable energy innovation. The 600 MW facility will serve as the foundation for scaling up to the planned 2 GW capacity.  Equipped with advanced technology, it will produce high-efficiency solar…