Solex Energy, a solar module manufacturer and EPC services provider, has reported a 248% year-on-year increase in revenue from operations to INR 885.53 crore for the fourth quarter of FY2026. Revenue for the twelve months ended March 31, 2026, rose 144.3% to INR 1,618 crore.
Gujarat-based PIXON today announced the inclusion of over 1.64 GW of its n-type TOPCon solar module capacity, covering M10R and G12R formats, in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy (MNRE).
RenewSys’s bifacial n-type TOPCon solar cells, with peak output ranging from 8.03 W to 8.54 W and efficiencies between 24% and 25.60%, have been included in the list.
Cumulative solar module manufacturing capacity reached around 210 GW as of Dec. 31, 2025, while cell manufacturing capacity totaled about 27 GW, according to Mercom’s new report.
Vikram Solar has signed the agreement to procure 2 GW of high-efficiency TOPCon and mono PERC solar cells from Jupiter International.
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.
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).
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.
China’s Ministry of Commerce has raised a complaint at the World Trade Organization (WTO) regarding India’s solar subsidies, claiming they give the country’s domestic industry an unfair advantage and harm Chinese interests.
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.
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