India forecast to add 41.5 GW of new solar capacity in fiscal 2026
JMK Research expects India to install 41.5 GW of solar capacity in fiscal 2026, including 32 GW from utility-scale projects, 8 GW from rooftop systems and 1.5 GW from off-grid installations.
India installs 22.5 GW of solar capacity in fiscal 2025
India added 17.4 GW of utility-scale solar and 5.15 GW of rooftop PV capacity in fiscal 2025, according to JMK Research. Rajasthan led new installations with 6.5 GW, followed by Gujarat with 3.6 GW and Maharashtra with 2.3 GW.
India installs 5.93 GW of utility-scale solar in Q1
India added 5.93 GW of utility-scale solar in the first quarter of 2025, up 12.2% from the previous quarter, says JMK Research. Rooftop installations contributed another 1.34 GW.
Emmvee expands solar module capacity to 6.6 GW
India’s Emmvee has inaugurated a new solar module plant in India, boosting its total PV module capacity to 6.6 GWp and solar cell capacity to 2.5 GWp. The expansion strengthens its position in the nation’s rapidly scaling solar manufacturing sector.
Adani moves to allay fundraising fears
Following the indictment of its chairman, Gautam Adani, in the United States over bribery allegations, questions are being asked about Adani Group’s ability to raise capital. With the charges related to solar, India’s PV industry has wider concerns. Adani Group refutes the allegations and says it is as robust as ever.
Adani calls US bribery allegations ‘baseless’
Adani Group has described recent US allegations of bribery for solar contracts as “baseless” and announced plans to pursue legal action in response.
Gautam Adani indicted in US for alleged solar-related bribery scheme
Gautam Adani faces an indictment in the United States over claims it led a scheme to bribe Indian officials to secure multibillion-dollar solar contracts. The charges allege the group concealed its actions while seeking capital from US and global investors.
Recipe for expansion
After years of debate, the Indian government made domestic manufacturing a central feature of renewables policy in 2021. The pivot came as the government sought economic growth and self-sufficiency following a border conflict with China. Vinay Rustagi, managing director of Bridge to India, says that trade barriers, subsidies, lower taxes, and demand growth have created the perfect recipe for expansion.
Adani becomes India’s sole producer of large monocrystalline silicon ingots
Adani Solar has started producing large monocrystalline silicon ingots for M10 and G12 wafers. It is targeting 2 GW of ingot and wafer capacity by the end of 2023 and 10 GW by 2025.
Adani unveils India’s first silicon ingot
Adani Solar revealed a monocrystalline silicon ingot this week at the Intersolar India 2022 expo. It produced the ingot at its Mundra facility in the Indian state of Gujarat.
