solar-modules

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India’s Solar Imports Rise 14% QoQ in Q1 2026, Exports Continue to Decline

India imported solar cells and modules worth over $1.27 billion (~₹116 billion) in Q1 2026, a 2.8% year-over-year (YoY) decline from $1.3 billion (~₹112.9 billion) in Q1...

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ALMM June 1 Mandate for Solar Cells Stays, MNRE Rules Out Blanket Extension

The Ministry of New and Renewable Energy (MNRE) has declared that there will be no blanket extension of the Approved List of Models and Manufacturers (ALMM) List-II...

May 25, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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SAEL Commissions 600 MW Solar Projects in Andhra Pradesh

New Delhi-based SAEL Industries has commissioned 600 MW of solar power projects in Andhra Pradesh’s YSR Kadapa district. The projects, SAEL Solar MHP1 and SAEL Solar...

May 21, 2026

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Rakesh Ranjan

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Solar

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Utility Scale
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FH Capital to Acquire 75% Stake in JinkoSolar’s US Subsidiary

Private equity firm, FH Capital, has entered into a definitive agreement to acquire a 75.1% stake in China-based solar module and cell manufacturer, JinkoSolar’s U.S....

May 12, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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First Solar’s Q1 Revenue Rises 24% YoY on Technology Edge, U.S. Manufacturing

U.S.-based module manufacturer First Solar reported a revenue of $1.04 billion in the first quarter (Q1) of 2026, rising 24% year-over-year (YoY). Adjusted earnings...

May 8, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Strong Project Execution Drives Websol’s Revenue Up 132% YoY in Q4 FY 2026

Solar cell and module manufacturer Websol Energy System reported a revenue of ₹4.01 billion (~$42.4 million) in the fourth quarter (Q4) of the financial year (FY) 2026,...

April 28, 2026

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Parth Shukla

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Finance and M&A

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Solar
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Month in a Minute: Top Headlines from the Indian Renewable Sector in March 2026

India added nearly 119 GW of solar modules and over 9 GW of solar cell capacity in 2025, according to Mercom India’s State of Solar PV Manufacturing in India 2026 report....

April 6, 2026

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Melvin Mathew

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Renewable Energy

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Solar
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GREW Solar Bags Solar Module Supply Order Worth ₹5 Billion

Gujarat-based GREW Solar has secured a repeat order worth approximately ₹5 billion from a domestic independent power producer for the supply of M10R TOPCon solar modules....

March 11, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar
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India’s Solar Imports Up 32% in Q4 2025, Exports Down 70% QoQ

India imported solar cells and modules worth over $1.12 billion (~₹100.2 billion) in the fourth quarter (Q4) of 2025, a 53.2% year-over-year (YoY) increase from $723.4...

March 9, 2026

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Staff

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Mercom Research Focus

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Solar
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Developers Seek ALMM List-II Extension, Solar Manufacturers Push Back

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 17, 2026

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Rakesh Ranjan

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Mercom Research Focus

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Solar
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Cosmic PV Power Adds 1.6 GW Solar Module Manufacturing Line in Gujarat

Module manufacturer Cosmic PV Power has commissioned an additional 1.6 GW TOPCon G12R solar module line at its Surat, Gujarat facility, bringing its total manufacturing...

February 16, 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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Solar Module Export Hopes Rekindle on US-India Trade Agreement

The announcement of the U.S.-India trade deal, under which Indian exports will attract a 18% tariff instead of 25%, is expected to bring relief to Indian solar exporters....

February 3, 2026

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B.S. Nagaraj

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Markets & Policy

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Solar
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Premier Energies Commissions 400 MW Solar Cell Manufacturing Line in Telangana

Hyderabad-based solar module and cell manufacturer, Premier Energies, has announced the commissioning of a 400 MW solar photovoltaic cell (Mono PERC) manufacturing...

January 23, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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Waaree Energies Bags 210 MW Domestic Order, 2 GW US Solar Module Contract

Mumbai-based solar module manufacturer, Waaree Energies, announced it has secured fresh solar module supply orders for both domestic and international markets. The...

January 20, 2026

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Rakesh Ranjan

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Manufacturing

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Solar
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LNK Energy to Set Up 6 GW Integrated Ingot to Solar Module Manufacturing Facility

LNK Energy has launched an integrated clean energy platform, with a planned investment of ₹100 billion (~$1.1 billion) over five years. LNK Energy’s areas of...

January 19, 2026

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Rakesh Ranjan

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Manufacturing

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Solar

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