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Indian market

With A Focus On TOPCon, Cosmic PV Eyes 3 GW Capacity Soon

Surat-based solar module manufacturer Cosmic PV Power is set to expand its cumulative solar module manufacturing capacity to 3 GW shortly. The company’s top management told Saur Energy that its proposed 1,600 MW TOPCon cell-based module plant is expected to become operational in the first quarter of FY26. Shravan Gupta, Managing Director (MD) of Cosmic […]

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Swelect Plans 500 MW Of Solar Cell Production Soon

Tamil Nadu-based solar module manufacturer Swelect Energy is set to commence solar cell production soon. This move aligns with several other solar module makers venturing into solar cell manufacturing, following the Ministry of New and Renewable Energy’s (MNRE) proposal to implement the Approved List of Models and Manufacturers (ALMM) for solar cells from June 2026. […]

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Only 30-40% of EV Supply Chain Localized: ICRA

Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […]

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Saatvik Solar Initiates Works To Commence Solar Cell Production

Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […]

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DhaSh PV Set To Boost Vertical Integration, Diversify Production

Indian solar solutions company Dhash PV is now working towards diversifying its product range for the Indian solar market. The company is now optimistic about the early commencement of its proposed manufacturing unit at Karnataka. Talking exclusively to Saur Energy, Bhupendra Singh Rawat, Chief Executive Officer (CEO) of the company said that the new proposed […]

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RenewSys Signs Pact With Radiance To Supply TOPCOn Modules

Indian solar module manufacturer RenewSys India today announced formalizing an agreement with Radiance Renewables Private Limited. This partnership will ensure a supply of 72.5 MWp of advanced 590 Wp TOPCon Glass-to-Glass solar PV modules. The deliveries have been planned between December 2024 and March 2025. Radiance Renewables Private Limited is an India company in India’s […]

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Waaree Energies Bags 362.5 MWp Solar Modules Supply Order

Waaree Energies has secured an order to supply solar modules for 362.5 MWp from a renowned customer engaged in the business of owning, developing, and operating renewable power projects in India. The company said in a regulatory filing, the supply of modules is scheduled to commence in FY 2025-26. The order adds to an already bulging […]

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Budget: Rajasthan Promises 150 Units Of Free Power For Solar Users

Rajasthan government has now promised to provide solar prosumers with free electricity. Today, the state government presented its budget for the next financial year in the state assembly. Deputy Chief Minister Diya Kumari in her budget speech announced the extension of the free power for solar consumers. “By leveraging the PM Surya Ghar Scheme, the […]

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Green Stocks Feb 18: Bottom Fishing To Emerge Soon In RE Stocks?

With no respite for the market in a volatile trade environment, green energy stocks continued to be buffeted by the winds from the US. A lot of what US President Donald Trump has already proven to be hot air, but the sheer impact of the US remains large enough to shake up global markets. India […]

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