Solar Modules

Emmvee Photovoltaic gains 4%, hits all-time high on strong Q2 performance

Emmvee Photovoltaic stock was trading at ₹243.5, up 1.85 per cent compared to the previous session's close of ₹239.35 on the NSE

Vikram Solar commissions 5-GW solar module mfg plant in Tamil Nadu

Solar module manufacturer Vikram Solar on Wednesday said it has commissioned a 5-GW fully automated Vallam facility in Tamil Nadu, taking its total annual production capacity to 9.5 GW. Spanning 27,000 square metres, the plant, built on advanced TOPCon technology, is designed to support M10, G12, and G12R formats, underscoring Vikram Solar's commitment to future-ready technology leadership, a company statement said. The state-of-the-art Vallam facility will add 5 GW of advanced module production capacity annually. With this next-gen expansion, the company now commands a total manufacturing capacity of 9.5 GW per annum, it said. The Vallam plant incorporates a sophisticated layer of next-generation automation, much of it being deployed in the country for the first time, seamlessly integrating intelligent robotics, advanced material-handling systems, comprehensive built-in quality checks and fully automated packaging, the statement said. "Commissioning this 5 GW facility within the y

India's solar module sector faces shake-up as overcapacity looms: Icra

Bifacial modules can absorb sunlight via both front and rear surfaces, while modules made with TOPCon cells have improved electron flow and lead to lower losses

Fujiyama Power IPO sees weak demand; subscription lags at 84%, GMP flat

The unlisted shares of Fujiyama Power Systems were trading flat at ₹228, the upper end of the price band of ₹216 to ₹228

Emmvee Photovoltaic IPO opens: Analysts bet on long term prospects; apply?

Emmvee Photovoltaic plans to raise ₹2,900 crore through the public issue, which includes a fresh issue of 98.8 million equity shares and an OFS of 34.8 million shares

Adani Solar ships 15k MW solar modules, boosting India's clean energy push

Adani Solar has crossed a major milestone by shipping over 15,000 megawatts (MW) of solar modules across domestic and international markets - becoming the first and fastest Indian manufacturer to achieve this feat. Of the total shipments, 10,000 MW were deployed within India and 5,000 MW exported abroad, equivalent to 28 million modules covering nearly 7,500 football fields, officials said. Around 70 per cent of these modules were produced using Adani's India-made solar cells, reinforcing the company's role in advancing the Make in India and Atmanirbhar Bharat initiatives. Adani Solar plans to more than double its production capacity from 4,000 MW to 10,000 MW by the next financial year and aims to ship another 15,000 MW in the coming years. The company is the only Indian manufacturer listed among the world's top 10 solar module producers by research firm Wood Mackenzie. Wood Mackenzie, in a report last week, said India's solar module manufacturing capacity is on track to surpass

Saatvik Green Energy IPO opens Sept 19; key risks, strengths you must know

Saatvik Green Energy IPO is available at a price band of ₹442-465 per share, with a lot size of 32 shares

Saatvik Green Energy IPO opens on Sept 19, sets price band at ₹442-465

Saatvik Green Energy aims to raise ₹900 crore through a combination of fresh issue of 15.1 million equity shares worth ₹700 crore and OFS of 4.3 million shares worth ₹200 crore

Vikram Solar stock up 10%; why is this newly listed stock in demand?

Vikram Solar has received a major order of 336 MW high-efficiency solar modules from LT Construction

Vikram Solar bags 336 MW supply order from L&T for Khavda solar project

Solar solutions provider Vikram Solar on Monday said it has secured a 336 MW module supply order from L&T Construction for the Khavda solar project in Gujarat. As part of this order, Vikram Solar will supply its advanced Hypersol G12R modules, based on N-type technology, a company statement said. The usage of G12R Modules will enhance the Balance-of-System (BOS) efficiency and help drive down the Levelized Cost of Energy (LCOE), making it more cost-effective and accessible. "We are delighted to contribute to this landmark project. The region holds immense potential for solar energy, and this project will play a pivotal role in harnessing that opportunity. Each project we deliver is a testament to the trust placed in Vikram Solar's technology, performance, and commitment to excellence," said Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar. This latest module from Vikram Solar showcases improved bifaciality (up to 80 per cent), better high-temperature performance ..

Vikram Solar IPO GMP dips to 18% ahead of opening; check key details

Vikram Solar's 2,079.37 crore IPO consists of a fresh issue of 45.2 million shares and an offer for sale of 17.5 million equity shares

India's solar module capacity has hit 100 GW mark: Pralhad Joshi

India's solar module manufacturing capacity has hit the 100 GW mark from just 2.3 GW in 2014, Union Minister Pralhad Joshi said on Wednesday. The progress brings India close to its vision of having 500 GW of non-fossil fuel-based capacity by 2030, the Minister for New and Renewable Energy (MNRE) said in a post on X. "India has achieved a historic milestone -- 100 GW solar PV module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM), a remarkable rise from just 2.3 GW in 2014!" Joshi said. The achievement, he said, "strengthens our path towards #AtmanirbharBharat and the target of 500 GW non-fossil capacity by 2030." In a post on X, Prime Minister Narendra Modi termed the achievement another milestone towards self-reliance. "This is yet another milestone towards self-reliance! It depicts the success of India's manufacturing capabilities and our efforts towards popularising clean energy," Modi said. The MNRE, in a statement, said the ALMM order was is

Vikram Solar sets IPO price band at ₹315-332, opens Aug 19: Check details

Vikram Solar IPO will open for subscription on Tuesday, August 19, 2025, and close on Thursday, August 21, 2025

Reliance Industries' solar leap prompts Nuvama's highest-ever target price

Nuvama forecasts that the company's 10GW module & cell capacity, to be fully operational by early CY26, could contribute an incremental ₹3,800 cr to consolidated PAT, equivalent to 6% of FY25 earnings

Rayzon Solar files DRHP with Sebi for ₹1,500 crore IPO; check key details

Rayzon Solar aims to raise ₹1,500 crore through its maiden public issue comprising entire fresh issue and no offer for sale

BC Jindal Group enters RE component space, to invest ₹15K cr by 2030

BC Jindal Group on Tuesday announced its foray into renewable energy component manufacturing space with a plan to invest Rs 15,000 crore by 2030. In a move to expand its business portfolio, the group will diversify and commence manufacturing of key components, including solar cells and modules, storage battery cells, and assembly and solar glass, the company said in a statement. BC Jindal Group, India's leading conglomerate with over Rs 18,000 crore annual turnover, has announced its strategic entry into component manufacturing for renewable energy power generation, the statement said. The group aims to achieve capacity additions with investments to the tune of Rs 15,000 crore by 2030, it stated. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module production, 4 GWh of battery storage capacity, a

Waaree Energies rises 3% on securing LoA to supply solar modules; details

The uptick in the Waaree Energies share price came after the company announced that it has received a Letter of Award (LoA) for supply of solar modules

Trina Solar sets world record for its technology's conversion efficieny

In laboratory tests, Trina's large surface area n-type fully passivated heterojunction (HJT) modules demonstrated an efficiency of 25.44 per cent

Waaree Energies secures 150 MWp solar modules order for renewable project

Waaree Energies on Thursday said it has secured an order to supply solar modules totalling a capacity of 150 MWp for a major renewable project in India. The contract includes the supply of Waaree's flagship high-efficiency Glass N-type Topcon bifacial modules, rated at 585/590Wp, a company statement said. These modules are recognised for their durability, exceptional energy output, and advanced technology, it stated. According to the statement, Waaree Energies Ltd., India's largest solar PV module manufacturer and a leader in the global energy transition, is pleased to announce the receipt of order for a major renewable power project of 150MW for the supply of solar modules from a renowned customer engaged in owning, developing, and operating renewable power projects in India. The modules are scheduled to be supplied in the next financial year, 2025-26. Waaree operates an NABL-accredited testing lab, ensuring the highest standards of excellence, it said. The execution of this pro

Juniper Green signs pact to procure 1GW solar modules from First Solar

Juniper Green Energy on Tuesday said it has signed a pact with First Solar for the procurement of 1 GW of solar modules. The Gurgaon-based renewable energy company plans to deploy these modules in the coming financial year for its projects across Rajasthan, Gujarat and Maharashtra, a company statement said. According to the statement, Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatt (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. Under this agreement, First Solar will supply the high-efficiency solar modules over a two-year period, the statement said, adding that it is one of the largest such agreements for domestically-produced modules. "We're excited to partner with First Solar, as this collaboration is expected to ensure a reliable supply of modules for a vital segment of our development pipeline. Sourcing our modules from First Solar enhances our domestic conte