solar-modules

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Rayzon Solar Files for ₹15 Billion IPO, to Use Funds for Cell Manufacturing

Solar module manufacturer Rayzon Solar has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹15 billion (~$175...

June 27, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Servotech Acquires 27% Stake in Module Manufacturer Rhine Solar

New Delhi-based solar solutions and electric vehicle (EV) charger manufacturer Servotech Renewable Power System (Servotech) has entered a definitive agreement to acquire...

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ENGIE Launches “Precycling” Model Directly Integrated into PPAs

Clean energy solutions provider Engie North America (ENGIE) and solar recycling company SOLARCYCLE are set to pilot a new “precycling” model by incorporating module and...

June 20, 2025

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Tina Freese

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Renewable Energy

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Solar
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India’s Solar Exports Up 26%, Imports Surge 80.2% QoQ in Q1 2025

Indian solar module and cell exports increased 26.1% quarter-over-quarter (QoQ) to $267.6 million (~₹23.1 billion) in the first quarter (Q1) of 2025 from $212.2 million...

June 16, 2025

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Prabha P P

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Mercom Research Focus

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Solar
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Average Cost of Large-Scale Solar Projects Rose Marginally in Q1 2025

Large-scale solar project costs in India increased for the second consecutive quarter, according to Mercom’s  Q1 2025 India Solar Market Update, average project costs...

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Waaree Bags $176 Million Order from US to Supply 586 MW Solar Modules

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order to supply 586 MW of solar modules for $176 million from a U.S.-based...

May 30, 2025

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Insolation’s Revenue Up 58% YoY in 2H FY 2025 Due to Market Expansion

Jaipur-based solar module manufacturer Insolation Energy has reported a 58.35% year-over-year (YoY) growth in revenue to ₹7.3 billion (~$85.56 million) in the second...

May 28, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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ALMM Enlisted Solar Module Capacity Rises to 87.97 GW

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) by adding 8,653 MW of solar module manufacturing...

May 26, 2025

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Tina Freese

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Manufacturing

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Solar
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US Solar Module Prices Dropped to $0.25/W Between November and February 2025

Solar module prices in the U.S. dropped to a near record low of $0.25 per watt from November 2024 to February 2025, according to a report by Anza Renewables. The company...

May 5, 2025

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Staff

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Modules

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Solar
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Solar-Powered Water ATMs Provide Clean Drinking Water to 100 Villages

Access to safe drinking water has been a challenge in India. In rural areas where power supply is also a huge concern, solar-powered water ATMs are a viable solution....

March 13, 2025

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Tina Freese

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C&I

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Solar
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Avaada Opens 1.5 GW Solar Module Manufacturing Plant in Uttar Pradesh

Avaada Group has inaugurated a 1.5 GW solar module manufacturing gigafactory in Dadri, Noida. It also laid the foundation for a 5 GW solar manufacturing unit at Ecotech,...

March 12, 2025

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Tina Freese

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Manufacturing

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Solar
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Vikram Solar Boosts Module Production with 1 GW Expansion in West Bengal

Kolkata-based solar module manufacturer Vikram Solar has increased the manufacturing capacity of its Falta facility in West Bengal by 1 GW. The manufacturing lines in...

February 20, 2025

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Arjun Joshi

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Manufacturing

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Solar
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GREW Solar to Set Up 3 GW Cell and Module Facility in Madhya Pradesh

GREW Solar has announced it will invest ₹30 billion (~$345 million) to set up a 3 GW solar cell and module manufacturing facility in, Madhya Pradesh. The 60-acre...

February 17, 2025

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Staff

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Manufacturing

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Solar
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Alpex Solar, TP Solar Win SECI’s Auction to Supply 400 MW Modules

Alpex Solar and TP Solar, a subsidiary of Tata Power Renewable Energy, have won the Solar Energy Corporation of India’s (SECI) auction for supplying 400 MW of...

January 31, 2025

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Tina Freese

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Solar

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Tenders & Auctions
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MNRE Sets Efficiency Standards for Solar Modules, Inverters and Batteries

The Ministry of New and Renewable Energy (MNRE) has released the “Solar Systems, devices and Components Goods Order, 2025,” setting performance standards for solar...

January 29, 2025

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Tina Freese

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Markets & Policy

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Solar

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