First Solar will build a fifth US module plant with 3.7 GW of annual output, lifting its total domestic capacity to more than 14 GW by 2026 and reinforcing its position as the country’s largest solar manufacturer.
Adani New Industries Ltd (ANIL) has reported 2,443 MW of solar PV module sales for the first half of fiscal year 2026 (H1 FY26), up from 2,380 MW in the same period last year (H1 FY25).
Alpex Solar Ltd has reported consolidated operational revenue of INR 903.24 crore in H1 FY26, up 241% from INR 265.13 crore in H1 FY 2025. Net profit rose 283% YoY to INR 94.95 crore.
India’s solar module manufacturing capacity is expected to reach 215–220 GWp by FY28, driven by strong policy support, growing domestic demand, and export opportunities, according to a new report by CareEdge Ratings. The country’s solar cell manufacturing capacity is also projected to rise sharply to around 100 GWp by FY28.
Jharkhand’s vast renewable energy potential, combined with its industrial base and critical mineral reserves, positions the state to emerge as a hub for low-carbon manufacturing, ranging from EVs, solar panels and battery energy storage systems (BESS) to green hydrogen production.
Loom Solar showcased its TOPCon and HJT PV modules up to 730 Wp, battery energy storage systems ranging from 1 kWh to 5 MWh, and made-in-India PV inverters from 3 kW to 50 kW. The company also announced plans to set up a 1.2 GW module factory in Uttar Pradesh.
Deepak Jain, Chief Technical Officer (CTO) of Insolation Energy (INA Solar), told pv magazine that they are eyeing major capacities in TOPCon G12R cell production and backward integration into ingot and wafer manufacturing. The company will begin commercial production of G12R solar cells by September next year, with an initial capacity of 4.5 GW in its Phase 1 rollout.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Wood Mackenzie says in a new report that India’s solar manufacturing boom risks overcapacity and calls for a shift from expansion to cost competitiveness.
The state-of-the-art facility is equipped with high-precision testing equipment specifically designed to continuously test and evaluate solar PV modules and their components. The modules are subjected to extreme climatic conditions, simulating the stresses they will endure over their operational life.
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