Manufacturing

With record 40+ GW solar and wind installations (solar: 34.9+ GW, wind: 5.8+GW), 2025 has marked yet another high point in Indian annual renewable capacity additions. The capacity additions have been driven by strong project momentum across all solar segments.

While India has research capabilities across public laboratories and academic institutions in both rare earths and battery recycling, the transition from lab-scale innovation to industrial deployment has been slow. This gap between research and commercial execution continues to limit scale across the critical minerals ecosystem.

Premier Energies Ltd, a Hyderabad-based solar cell and module manufacturer and EPC services provider, today announced that it has secured new orders aggregating to INR 2,307.30 crore during Q3 FY26.

The Indian Ministry of Power has ordered all battery energy storage system (BESS) projects supported under the viability gap funding (VGF) scheme to meet a minimum 20% local content threshold, aiming to boost domestic manufacturing and innovation.

Tata Power Renewable Energy Ltd (TPREL) has commissioned SJVN Ltd’s 1 GW AC (1.4 GWp DC) DCR-compliant solar power project in Rajasthan. Executed by TPREL on an EPC basis, the project will supply clean power to Rajasthan, Jammu & Kashmir, and Uttarakhand.

GREW Solar has secured a major contract from NTPC Renewable Energy Ltd (NTPC REL) to manufacture and supply 1,464.5 MW (approximately 1.5 GW) of high-efficiency solar PV modules for renewable energy projects across multiple locations in Uttar Pradesh. The cumulative contract value stands at INR 2,028.33 crore.

Silver prices have surged to record levels over the past week, surpassing $80 an ounce after China said it plans to restrict silver exports in 2026.

By combining proven global practices with solutions designed for Indian conditions, offering choices for different customer needs, and continuing to invest in meaningful innovation, India can build a solar ecosystem that is resilient and inclusive.

India’s battery storage landscape is undergoing a decisive transformation in 2025. Across utilities, regulators, and developers, BESS has moved beyond early-stage exploration and is increasingly recognized as an essential component for grid stability, renewable integration, and long-term energy planning.

Waaree’s Chikhli (Gujarat) manufacturing facility is now listed in the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM) with an approved capacity of 16.444 GW. This takes the company’s total solar module manufacturing capacity in India, including Indosolar, to 20.17 GW.