Vikram Solar adds 1 GW more: Indian solar PV module manufacturer Vikram Solar Limited has added 1 GW of new solar module manufacturing capacity at its Falta facility in West Bengal. Additionally, its manufacturing lines at the company’s Oragadam facility in Chennai, Tamil Nadu have been upgraded to manufacture high-efficiency modules including TOPCon and heterojunction (HJT). With these measures, Vikram Solar says its annual nameplate production capacity has increased to 4.5 GW. “Vikram Solar’s Kolkata and Chennai manufacturing expansion will help us scale production and augment our capabilities to provide sustainable energy solutions. Both projects leverage advanced manufacturing techniques to enhance efficiency and ensure adherence to international quality and sustainability standards,” said Vikram Solar’s Chairman and Managing Director Gyanesh Chaudhary.
Another Ambani venturing into PV manufacturing: Anil Ambani-led Reliance Infrastructure Limited (RIL) is evaluating its foray into solar and battery manufacturing. It has incorporated wholly-owned subsidiaries, namely Reliance Battery GreenTech Private Limited, previously known as Reliance EV Go Private Limited, and Reliance Zetta SolarTech Private Limited. It has also brought on board Ivan Saha as the senior management personnel with effect from February 14, 2025. Saha was once the CEO of Vikram Solar. For the uninitiated, Anil Ambani is the younger brother of one of Asia’s richest men Mukesh Ambani whose Reliance Industries Limited (RIL) is setting up gigafactories for solar PV, energy storage, green hydrogen, fuel cell systems, and power electronics at Jamnagar in Gujarat (see Reliance Announces Power Electronics Giga Fab).
72.5 MW module deal for RenewSys: India’s integrated solar PV manufacturer RenewSys India Pvt. Ltd. has secured a module supply deal with Radiance Renewables Private Limited. It will supply 72.5 MW of the company’s advanced TOPCon glass-to-glass modules with 590 W output each. RenewSys claims its 144X TOPCon panels have a low temperature coefficient compared to other module technologies. It will complete the delivery between December 2024 and March 2025. Mumbai, Maharashtra-based RenewSys operates a 5.5 GW solar module line, 9 GW of encapsulants and 4 GW of backsheets, and is now installing a high efficiency cell line of 2.5 GW.
$100 million facility for MSME sector: The Small Industries Development Bank of India (SIDBI) and AFD, France have signed a $100 million credit facility agreement (CFA). This facility will help scale up green finance solutions for Indian micro, small, and medium enterprises (MSME). Under the partnership, AFD will provide a $100 million credit line to SIDBI who will then deploy the funds to expand access to affordable financing for MSMEs to invest in renewable energy solutions, energy efficiency technologies, and climate-friendly business practices.
AGEL’s 250 MW solar plant: An Adani Green Energy Limited (AGEL) subsidiary Adani Green Energy Twenty Four Limited (AGE24L) has grid-connected a 250 MW solar power project in Rajasthan. The power plant is located at Bhimsar and Dwada in Jaisalmer. This takes the company’s total operational renewable energy generation capacity to over 11.9 GW.
PV Hardware in India: Spain-headquartered solar tracker manufacturer PV Hardware (PVH) has opened its 1st office in India in the city of Hyderabad, Telangana. It will be integrated with the company’s global network. This office establishes its presence in the growing solar market of India. It has introduced the company’s flagship tracker AxoneDuo Infinity for the Indian market as it can adapt to the country’s diverse terrains, it said. With its manufacturing facilities in Spain, the US and Saudi Arabia, PVH was among the world’s top 5 tracker suppliers globally in 2023 on a Wood Mackenzie list (see Global Solar PV Tracker Shipments In 2023 Totaled 92 GW DC).
Huasun at Intersolar India 2025: Leading Chinese HJT manufacturer Huasun Energy recently attended the Intersolar India 2025 in Gujarat using the platform to explore the larger South Asia market. It touts its high-efficiency HJT modules as suitable for India and its neighboring South Asian nations most of which have around 300 sunny days/year. Huasun’s showcased its Himalaya G12-132, Everest G12R-132, and Kunlun G12-132 modules with specially designed steel frames at the event, calling these ideal for vertical solar installations. These are tailored to provide outstanding efficiency for the target markets, according to its team.
.png?w=50&fm=png){kind=logo}