India’s solar module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM) has crossed 144 GW per annum. Around 81 GW of new capacity was added during calendar year 2025 alone, representing a sharp 99% year-on-year increase compared to around 41 GW added in 2024.

Axis Energy plans to develop a diversified portfolio of nearly 5 GW of clean energy capacity across wind, solar, agri-photovoltaic (agri-PV), hybrid projects, and battery energy storage systems (BESS) with an investment of INR 31,750 crore.

Adani Green Energy Twenty Five B Ltd, a wholly owned step-down subsidiary of Adani Green Energy Ltd (AGEL), has entered into key agreements for the supply of 20.8 MW of solar-wind hybrid power to Asahi India Glass Ltd (AIS). The power will be supplied from a 25 MW solar power plant unit and a 20.8 MW wind power plant unit, both located at Khavda, Gujarat.

Inox Clean Energy Ltd has raised around INR 3,100 crore through an equity round involving the company and its subsidiary, Inox Solar Ltd. The company said the equity infusion will support its plans to achieve 10 GW of installed IPP capacity and 11 GW of integrated solar module manufacturing capacity by FY28.

L&T Construction has commissioned 185 MW of grid-connected solar capacity coupled with a 254 MWh battery energy storage system at Kajra in Bihar’s Lakhisarai district, marking India’s largest commissioned solar-plus-BESS project to date.

TP Solar Ltd, the solar manufacturing arm of Tata Power Renewable Energy Ltd (TPREL), produced 2.8 GW of solar cells and 2.9 GW of modules during the nine-month period ended Dec. 2025 (9M FY26).

While 2025 was marked by an unprecedented 102 GWh of energy storage tenders, 2026 will see projects awarded since mid-2023 finally materialize into commissioned assets, in line with typical project timelines of 18–24 months.

Delta Electronics India will supply 100 units of its made-in-India 1.1 MW bi-directional power conditioning systems to Prostarm’s battery energy storage projects for power utilities, including Bihar State Power Generation Company Ltd and Adani Electricity Mumbai Ltd.

Bondada Engineering Ltd has commissioned 120.46 MWp of solar power capacity in December 2025 for clients including Paradigm IT, Maharashtra State Power Generation Co. Ltd (MAHAGENCO), and NLC India Ltd.

NTPC Renewable Energy Ltd has tendered the engineering, procurement and construction (EPC) package for the development of a 250 MW ground-mounted solar power project integrated with a 50 MW/200 MWh battery energy storage system (BESS) at Sitapur, Uttar Pradesh.