Solar Cells

India added 50.6 GW of solar module capacity against 9.7 GW of cell capacity in first 6 months of 2026, widening the manufacturing gap and increasing reliance on imports

The 7 GW TOPCon facility at Naidupeta, developed at a capital expenditure of Rs 3,293 crore, will increase Premier Energies' total solar cell capacity to 10.6 GW

Developers rushed to commission projects before ALMM-II took effect, while Wood Mackenzie expects India's solar capacity additions to exceed 50 GW in 2026

The exemption applies to net-metering projects and open access renewable energy power projects, but the ministry said there will be no blanket extension for solar projects

Premier Energies received solar cell and module supply orders worth Rs 3,011 crore in Q1 FY27, with deliveries scheduled across FY27 and FY28 as it expands manufacturing capacity

Waaree Energies said a US Customs investigation found no evidence that it exported solar modules made with Chinese-origin cells and that its US operations remain unaffected

Domestic solar cell supply is expected to meet around half of the 60-65 GW demand this fiscal, with imports making up the rest, Crisil Ratings said

Committee comprising officials from SECI, IREDA and NISE will examine requests for commissioning extensions beyond May 31, 2026, under the domestic solar cell mandate

The US Department of Commerce has announced preliminary anti-dumping duty on imports of solar cells and panels from India. "...consistent with our practice, we preliminarily assign the dumping margin alleged in the Petition, which is 123.04 per cent, to all other producers and exporters in this investigation," according to the department. It has been alleged that solar cells from India are being sold in the US below the fair value. The department's notice lists four Indian manufacturers - Mundra Solar PV, Mundra Solar Energy, Kowa Company, and Premier Energy Photovoltaic. Their estimated weighted average dumping margin has been calculated at 123.07 per cent. The department has stated that it will issue the final determination within 75 days after the date of its preliminary determination. "Commerce preliminarily finds that critical circumstances exist for Mundra Solar Energy, Mundra Solar PV, Kowa, and Premier Energies, and that critical circumstances do not exist for all other .

Mandatory domestic sourcing of solar cells under ALMM II from June may create supply shortages, prompting fresh investments and capacity expansion by Indian manufacturers

In the past seven trading days, the stock price of Waaree Energies has appreciated by 24 per cent.

Fujiyama Power Systems on Thursday announced commissioning of a 1 gigawatt capacity solar cell plant at Dadri, Uttar Pradesh to strengthen its in-house manufacturing capabilities. The manufacturing facility has been completed with a total investment of Rs 300 crore, funded through a combination of internal accruals and debt, the company said in a statement. Solar cell is a key component used to produce solar panels. The government is encouraging solar players to set up cell manufacturing capacities to reduce import dependence. The company currently operates with a total 1.6 GW of solar panel manufacturing capacity, of which 1.2 GW is located at Dadri. Fujiyama said the newly added 1 GW solar cell capacity will be utilized entirely for captive consumption. "Our solar cell manufacturing facility represents a significant step in strengthening manufacturing integration. By bringing solar cell production in-house, we are improving visibility and control across the value chain, reducing

MNRE has urged lenders to expand financing beyond module units to include upstream solar manufacturing while clarifying that no advisory has been issued to pause lending to renewable energy projects

Ola Electric on Sunday said it has commenced test rides of its 4680 Bharat Cell vehicles at the company's flagship stores across India. The S1 Pro+ (5.2kWh) is the first product to be powered by the company's indigenously manufactured 4680 Bharat Cell battery pack that delivers more range, better performance, and enhanced safety. The company recently announced that it secured ARAI certification under the latest AIS-156 Amendment 4 standards issued by the Ministry of Road Transport and Highways for its indigenous developed and manufactured 4680 Bharat Cell battery packs in 5.2 kWh configuration. "With this indigenous technology now available for customers to experience through test rides at our flagship stores, we are proud to bring the future of performance, range, and safety to the roads today," a company spokesperson stated.

Waaree Energies shares Today: The US is reportedly investigating Waaree Energies for evading anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations

US Customs as started a formal investigation of Waaree and Waaree Solar Americas Inc over suspected evasion of anti-dumping duties, imposing interim measures on solar imports

India has crossed 100 GW of solar module capacity with ALMM, which is now extended to solar cells and will soon cover ingots and polysilicon, said Pralhad Joshi

ACME Group is targeting Rs 10,000 crore revenue from solar module and solar cell manufacturing business by 2030. This is part of its strategic business diversification strategy as ACME Group expands its business footprint beyond Renewable Energy generation, a statement said. According to the statement, ACME Group is targeting Rs 10,000 crore in revenue by 2030 from solar module and solar cell manufacturing business. The Gurgaon-based group has entered the renewable equipment manufacturing sector with a current investment of about Rs 230 crore and a solar module manufacturing facility in Jaipur, Rajasthan, with an annual capacity of 1.2 Gigawatts. The solar modules manufacturing facility was commissioned recently and employs more than 700 people. ACME Group plans to further scale up the manufacturing capacity as well as establish a new cell manufacturing facility under its new business entity ACME Renewable Equipment Manufacturing. The Ministry of New and Renewable Energy's (MNRE)

Clean energy player Waaree Energies Ltd on Saturday announced the launch of its solar cell facility having a capacity of 5.4 gigawatt (GW) at Chikhli in Gujarat. Union New and Renewable Energy Minister Pralhad Joshi and Gujarat Chief Minister Bhupendra Patel attended the inauguration event along other senior government officials, Waaree Energies said in a statement. "Bharat's largest solar cell manufacturing Gigafactory inaugurated by Waaree Energies in Chikhli, Gujarat," the company said. The facility is spread across 150 acres, with a built-up area of 101 acres. Speaking on the occasion, Joshi said the launch of one of largest solar cell facility embodies the spirit of Atmanirbhar Bharat and stands as a tribute to India's growing prowess in the global renewable energy landscape. The government's vision is to establish India as a global manufacturing hub for clean energy technologies. "Today, with the launch of our 5.4 GW solar cell gigafactory in Chikhli, Waaree is laying the .

The government plans to increase its non-fossil fuel capacity to 500 GW by 2030 from about 156 GW at present