In Short : Sunkind Energy has partnered with JA Solar to enhance photovoltaic (PV) cell and module manufacturing in India. The collaboration aims to boost domestic solar production capacity, supporting the country’s Atmanirbhar Bharat initiative. By leveraging JA Solar’s technology and Sunkind’s local expertise, the partnership will accelerate the growth of India’s solar manufacturing ecosystem […]
India Surges Ahead in Clean Energy with 227 GW Capacity and Solar Manufacturing Boom – EQ
In Short : India’s renewable energy capacity has reached 227 GW, reflecting rapid growth driven by policy support and investment. Solar PV module manufacturing has surged nearly 38-fold, showcasing strong domestic capability. This expansion aligns with India’s goal of 500 GW non-fossil capacity by 2030, positioning the country as a major player in the global clean energy […]
BII Secures CCI Approval to Back ReNew Photovoltaics’ ₹870 Crore Solar Manufacturing Expansion – EQ
In Short : British International Investment has received CCI approval to acquire a minority stake in ReNew Photovoltaics for around ₹870 crore. The investment will support the expansion of a 4 GW TOPCon solar cell facility in Dholera, Gujarat. Once complete, ReNew’s total capacity will reach 6.4 GW each for solar cells and modules, strengthening India’s domestic […]
Servotech Renewable Power System Ltd. acquires 27% Stake in Rhine Solar Ltd., Bolstering Solar Manufacturing Capabilities – EQ
New Delhi – Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading solar solutions and EV charger manufacturer, has officially entered into a definitive agreement to acquire a 27% stake(Post-money valuation) in Rhine Solar Limited, a well-established ALMM-approved PV Module manufacturing company based in New Delhi, India.This strategic acquisition marks a significant milestone in Servotech’s […]
India’s Solar Manufacturing Soars: ALMM Capacity Nears 88 GW with New Additions and Expansions – EQ
In Short : India’s ALMM-listed solar module manufacturing capacity has risen to 87.97 GW, with 8,653 MW recently added. The total number of approved manufacturers now stands at 104. New entrants and capacity expansions by major players reflect strong growth. From June 2026, solar cells will also be included under ALMM, boosting quality assurance in […]
Andhra Pradesh leads solar manufacturing push, Jupiter plans Rs 2,700 cr facility – EQ
In Short : Andhra Pradesh is boosting its solar manufacturing sector with Jupiter Renewables investing ₹2,700 crore to set up a 4.8 GW solar cell and 1.5 GW module facility in Anakapalli’s Rambilli. The project, to be completed by July 2026 in two phases, will create over 2,200 jobs, strengthening the state’s renewable energy ambitions […]
NSEFI SolarPower Europe ink pact to deepen EU-India ties in solar manufacturing – EQ
In Short : SolarPower Europe and the National Solar Energy Federation of India (NSEFI) signed an MoU to boost EU-India collaboration in solar manufacturing. The partnership aims to diversify supply chains, promote innovation, and enhance policy engagement. It supports India’s 500 GW clean energy goal and Europe’s solar technology leadership, fostering resilient, cross-border investment and […]
India Accelerates Clean Energy Growth with Record Solar and Wind Additions in FY25 – EQ
In Short : India added 23.8 GW of solar and 4.15 GW of wind capacity in FY25, pushing total renewable energy to 220 GW. Solar manufacturing also nearly doubled to 74 GW. While coal remains dominant, India is advancing toward its 500 GW non-fossil target with new storage-backed bids. The growth reflects strong policy support […]
India Strengthens Solar Manufacturing with Surge in Module and Cell Capacity in 2024 – EQ
In Short : In 2024, India added 25.3 GW of solar module and 11.6 GW of cell manufacturing capacity, raising totals to 90.9 GW and 40.7 GW, respectively. This growth was fueled by strong demand and the return of the ALMM policy. Around 80% of new module lines support advanced M10 and G12 wafer technologies, […]
SSEL to Launch ₹69,000 Crore Integrated Solar Manufacturing Hub, Boosting India’s Renewable Goals – EQ
In Short : Shirdi Sai Electricals Ltd will launch the first phase of its ₹69,000 crore ingot-to-module solar plant in Andhra Pradesh this December with a 500 MW capacity. The project targets 10 GW by March 2026, covering the entire solar manufacturing chain. This initiative supports India’s push for domestic solar production and its 2030 […]