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ICRA warns of PV module overcapacity driving consolidation in India

ICRA says India’s solar manufacturing sector faces oversupply risks as module capacity far outpaces domestic demand, pushing smaller producers toward consolidation.

Loom Solar unveils 730 W modules, 1.2 GW factory plan in India

India’s Loom Solar says it will build a 1.2 GW module factory in the Indian state of Uttar Pradesh and expand production of high-efficiency tunnel oxide passivated contact (TOPCon) and heterojunction (HJT) modules.

India’s Avaada unveils hybrid solar battery inverter

Avaada says its new “Halo” hybrid inverter, designed and built in India, integrates lithium battery storage and solar power management in one scalable system for homes and small businesses.

India solar module capacity seen reaching 220 GW by fiscal 2028

India’s solar module production capacity is projected to reach up to 220 GW by fiscal 2028, supported by government incentives, growing domestic demand, and rising export opportunities, according to CareEdge Ratings. Solar cell capacity is expected to approach 100 GW by the same period.

India’s Jakson Solar opens in-house lab for PV reliability testing

Jakson Solar has commissioned an advanced facility in India to perform continuous reliability testing on PV modules under extreme simulated conditions.

India-developed inverter targets large-scale solar expansion

Delta Electronics has unveiled a 1.1 MW modular inverter made in India, designed for large-scale PV projects and built to expand local manufacturing capacity to 5 GW within three years.

Waaree unveils 350 kW three-phase inverter for utility-scale solar projects

The Indian manufacturer said its inverter features six MPPT inputs, which allow a total of 30 module strings.

India’s Alpex Solar to build 2.2 GW G12R TOPCon cell facility

Alpex Solar will invest about INR 1.36 billion ($15.3 million) to upgrade its planned Kosi Kotwan cell plant to G12R tunnel-oxide passivated contact (TOPCon) technology, aligning output with its 3.6 GW module capacity.

Goldi Solar releases 665 W back-contact PV panel with 24.6% efficiency

The Indian manufacturer has introduced its new Heloc Plus G12R Series interdigitated back-contact solar module series, delivering power outputs ranging from 635 W to 665 W and efficiencies between 23.5% and 24.6%

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Solex Energy, ISC Konstanz unveil new back-contact solar module concept

Indian manufacturer Solex Energy Ltd has partnered with Germany’s ISC Konstanz to upgrade its TOPCon cell line and adopt back-contact and perovskite–silicon tandem technologies. The company also unveiled a new back-contact solar module concept, slated for commercial production by fiscal year 2027..

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