modules

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Higher Module Sales Boost First Solar’s Q4 2025 Net Income

U.S.-based module manufacturer First Solar’s net sales in the fourth quarter (Q4) of 2025 rose 11.1% year-over-year (YoY) to $1.68 billion from $1.51 billion. Net income...

February 26, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Waaree Energies Secures 500 MW Solar Module Supply Order

Waaree Energies has received an order to supply 500 MW of solar modules from a domestic independent power producer (IPP). The company will supply the modules during the...

February 24, 2026

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Meghana Prasad

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Markets & Policy

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Modules

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Solar
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Daily News Wrap-Up: TNGECL Names 1.5 GWh Battery Storage Auction Winners

Eagle Construction (Eagle Infra India) and OPG Power (OPG Power Ventures) won Tamil Nadu Green Energy Corporation’s (TNGECL) auction to set up seven standalone battery...

February 24, 2026

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Staff

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Daily Wrap-up

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Other
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Daily News Wrap-Up: Developers Seek ALMM List-II Extension

With the June 1, 2026, deadline for mandatory sourcing of solar cells from the Approved List of Models and Manufacturers (ALMM) List-II fast approaching, solar...

February 18, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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SECI Invites Bids for Supply of 870 MWp of Solar Modules

The Solar Energy Corporation of India (SECI) has floated a tender for the supply of 870 MWp of domestic content requirement-compliant solar modules for projects in...

February 18, 2026

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Parth Shukla

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Modules

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Solar

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Tenders & Auctions
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China Export Rebate Cuts May Raise India Solar, BESS Prices

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for...

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Saatvik Forays into IPP Segment, to Buy 49% Stake in Intelligent Hydel

Saatvik Cleantech EPC, a wholly owned subsidiary of Haryana-based solar module manufacturer Saatvik Green Energy, has entered into a share purchase agreement to acquire...

February 13, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Solar Module Capacity Under ALMM Jumps to 162 GW

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 17,268 MW of solar module capacity. The...

February 9, 2026

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Melvin Mathew

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Modules

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Solar
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Saatvik Green Invests ₹2.51 Billion in Subsidiary’s 4 GW Solar Module Facility

Haryana-based solar module manufacturer Saatvik Green Energy has invested ₹2.51 billion (~$27.75 million) in a 4 GW solar module manufacturing facility in Odisha....

February 5, 2026

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Rakesh Ranjan

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Finance and M&A

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Solar
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Healthy Operational Efficiency Pushes Websol’s Revenue Up 77.2% in Q3 FY 2026

Solar cell and module manufacturer Websol Energy System’s revenue increased 77.2% year-over-year (YoY) to ₹2.61 billion (~$28.51 million) from ₹1.47 billion (~$16.05...

February 2, 2026

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Parth Shukla

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Markets & Policy

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Solar
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Daily News Wrap-Up: BBMB Floats Tender for 4.3 GW Pumped Storage Projects

Bhakra Beas Management Board (BBMB) invited expressions of interest (EoI) to develop 4,300 MW pumped storage projects in Himachal Pradesh. The last date to submit bids...

January 21, 2026

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Mercom Staff

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Daily Wrap-up

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Other
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Raana Semiconductors Raises $3 Million to Develop Systems of Solar Ingot Making

Raana Semiconductors (RSPL), an Indian semiconductor solutions provider company specializing in crystal growth systems, has raised $3 million in seed funding in its...

January 20, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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NTPC Green Energy Issues 2.38 MW Solar Module Supply Tender

NTPC Green Energy (NGEL) has issued a tender for the supply of 2.38 MW of solar modules for its projects in Uttar Pradesh and Rajasthan. The procurement involves the...

January 20, 2026

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Meghana Prasad

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Modules

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Solar

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Tenders & Auctions
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Alpex Solar Wins ₹2.15 Billion Solar Module Supply Order

Module Manufacturer Alpex Solar has received an order for the supply of solar modules, valued at ₹2.15 billion (~$25.9 million) from an Indian industrial entity. The...

January 15, 2026

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Meghana Prasad

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Modules

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Solar
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Solex Energy Secures ₹2.76 Billion Module Supply Order

Gujarat-based solar module manufacturer Solex Energy has secured a work order worth ₹2.76 billion (~$30.5 million) to supply 615 Wp N-type TOPCon and 620 Wp...

January 12, 2026

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Melvin Mathew

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Manufacturing

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Modules

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Solar

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