JMK Research expects India to add around 41.5 GW of new solar capacity in FY2026 (twelve months ending March 31, 2026). Of this annual addition, around 32 GW is expected to come from utility-scale projects, 8 GW from rooftop solar, and 1.5 GW from off-grid systems.
Premier Energies now holds 80% of Premier-Green Aluminium, the JV company formed for manufacturing aluminium frames for solar PV modules, with Nuevosol Energy holding the remaining 20%.
The country’s planned steel capacity expansion presents an opportunity to adopt cleaner technologies if supported by the right financing pathways.
Sunsure Energy has signed a long-term solar power purchase agreement (PPA) with Bisleri International to supply solar power to Bisleri’s manufacturing facility in Sahibabad, Ghaziabad, Uttar Pradesh. The power will be sourced from Sunsure’s 82.5 MWp solar plant in Erach, Uttar Pradesh.
Sterling and Wilson Renewable Energy Ltd (SWREL) has received a Letter of Award for the engineering, procurement, and construction of a 240 MW AC solar PV project in South Africa. This is the company’s second international order from South Africa this fiscal, secured within two months.
Around 92% of the required investments—about $3.79 trillion—would flow into the energy transition, spanning renewable energy, storage, clean mobility, and green hydrogen.
Lineage Power will supply battery energy storage systems to Larsen & Toubro for its project with Bihar State Power Generation Co. Ltd in Kajra.
Vikram Solar has commissioned its new 5 GW fully automated Vallam facility in Tamil Nadu, increasing its total PV module manufacturing capacity to 9.5 GW. The 27,000 sq. m plant is built on advanced TOPCon technology and designed for future HJT upgrades.
Solar module manufacturer Cosmic PV Power Ltd has secured orders worth about INR 600 crore, through Zetwerk Manufacturing Businesses, for supplying solar modules to private-sector independent power producers (IPPs).
Waaree Group has secured a 10 MWh battery energy storage system (BESS) order from a major infrastructure development company. The BESS will be deployed in Tamil Nadu.
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