India’s push towards solar manufacturing self-reliance is entering a decisive phase – one shaped as much by policy intent as by execution on the ground. On Day 1 of the TaiyangNews Solar Technology Conference India (STC.I) 2026, the session titled ‘Solar Manufacturing in India – Reflecting on the Strategy to Solar Autonomy’ brings together voices at the intersection of industry, policy, and research to examine how India’s solar manufacturing strategy is evolving, and what it must do next to succeed.
The session features Subrahmanyam Pulipaka, Chief Executive Officer, National Solar Energy Federation of India (NSEFI); Rishabh Jain, Senior Programme Lead, CEEW; Alekhya Datta, Director, Electricity & Renewables, The Energy and Resources Institute (TERI); and Aniket Tiwari, Associate Researcher, The Energy and Resources Institute (TERI) – each offering a distinct perspective on India’s manufacturing trajectory. The discussion will be moderated by Michael Schmela, Managing Director, TaiyangNews.
Seats are limited. Secure your ticket at the best price here.
The Shanxi Energy Administration has issued a plan titled ‘Implementation Scheme for Large-Scale Wind and PV Bases in 2026’. It proposes developing a batch of provincial-level large-scale solar PV and wind bases in resource-rich areas, with a total planned capacity of approximately 15 GW. The document mandates resource concentration, requiring a minimum capacity of 500 MW for bases planned within a single county or integrated across counties.
The policy also encourages the integrated development of wind and solar power, as well as the coordinated design and construction of generation facilities with flexible, reliable energy storage equipment.
The National Energy Administration (NEA) has released Green Energy Certificate (GEC) issuance and trading data for the full year of 2025. Total GECs issuance totaled 2.95 billion for the year, a significant decrease from 4.73 billion in 2024. Solar and wind GEC issuance stood at 672.13 million (-19% YoY) and 1.04 billion (-46% YoY), respectively.
Despite the drop in issuance, market trading activity spiked. The total trading volume in 2025 reached 930 million certificates, up from 446 million in 2024. Solar GEC trading hit 420.91 million (vs. 201.94 million in 2024), while wind GEC trading reached 441.16 million (vs. 238.82 million).
In December, the average trading price for GECs with a 2025 production vintage was RMB 5.15 per unit, a slight month-on-month decline of 1.19%. The NEA recently reported that green power trading accounted for 31.7 billion kWh in 2025, up 32.3% YoY (see China Solar PV News Snippets).
The results of Henan Province’s 2026 bidding for wind and solar mechanism tariffs have been released, with 58,677 projects shortlisted. The round targeted projects scheduled for commissioning between June 1, 2025, and December 31, 2026, allocating a mechanism electricity volume of 3.91 billion kWh for wind and 6.60 billion kWh for solar, with a 12-year execution period.
The final results show 58,658 solar projects were selected with a total mechanism volume of 2.80 billion kWh – far below the originally planned tender capacity – at a mechanism price of RMB 0.276/kWh. Meanwhile, 19 wind projects were selected, securing a mechanism volume of 3.84 billion kWh at a price of RMB 0.304/kWh.
Integrated solar manufacturer and energy storage provider Risen Energy expects a reduction in losses for FY2025. According to its financial results forecast, the company projects an adjusted loss of RMB 2.60 billion to RMB 3.20 billion, narrowing from the RMB 3.73 billion loss recorded in 2024. This follows Risen reporting in November 2025 that its losses narrowed for 9M 2025 (see China Solar PV News Snippets).
Risen Energy attributed the consecutive losses to the persistent low-price environment for PV products caused by phased supply-demand mismatches. The company emphasized it is advancing its integrated ‘PV + Energy Storage’ model to enhance customer value and resilience against risks.
As part of its profit warning for FY2025, wafer manufacturer and solar power plant developer JYT Corporation estimates an adjusted net loss of RMB 1.05 billion to RMB 1.52 billion. This represents a narrowing of losses compared to the RMB 2.41 billion deficit recorded in the previous year. The announcement stated that the loss was primarily driven by the silicon wafer business, where both product prices and capacity utilization rates remained low due to industry conditions and market fluctuations.