Andhra Pradesh manufacturing plans: Solar PV manufacturer Websol Energy System Limited has announced that its 4 GW solar cell and module manufacturing factory plans have been approved by the state Government of Andhra Pradesh. The greenfield project at MPSEZ, Naidupeta in Tirupati district was green signaled by the state’s Industries and Commerce Department, following a memorandum of understanding (MoU) between the manufacturer and the Andhra Pradesh Economic Development Board (APEDB) in November 2025. The state government has granted Websol an incentive package for land allotment, fixed capital investment subsidy, power tariff reimbursement, among others. Websol plans to power the factory through a 100 MW captive solar plant. Websol currently operates 1.2 GW of solar cell and 550 MW of module manufacturing capacity in West Bengal. It had earlier announced the phased expansion of 4 GW of cells and 4 GW of modules with INR 30 billion investment (see Websol Energy Announces INR 30 Billion Solar Cell, Module Expansion).
Equity commitments for Inox Clean Energy: INOXGFL group company Inox Clean Energy has announced raising INR 31 billion in equity commitments along with its subsidiary Inox Solar. This values Inox Clean Energy at INR 500 billion (pre-money), the company said. The equity round had marquee foreign and domestic investors, including California Public Employees’ Retirement System (CalPERS), SUN Group Global, Autumn Investments, Akash Bhansali, and other family offices and high net worth individuals (HNI). Inox Clean plans to use the proceeds for capacity expansion across both the independent power producer (IPP) and solar manufacturing verticals. The company targets 10 GW of installed IPP capacity and 11 GW of integrated solar manufacturing capacity by FY28. At REI 2025, Inox Solar’s executive leadership team discussed its integrated renewable strategy as part of TaiyangNews Leadership Talks (see TaiyangNews Leadership Talks: Inox Solar At REI 2025).
ENGIE’s big win: France’s ENGIE has won its maiden large-scale hybrid solar and storage project in India. The project will have an installed capacity of 200 MW solar and 100 MW/600 MWh with a 6-hour battery energy storage system (BESS) capacity. It won the project under a competitive bidding process of the Solar Energy Corporation of India (SECI). It adds to ENGIE’s 2 GW renewable energy assets in operation and under construction in India. The company won its 1st BESS project with 280 MW/560 MWh in November 2025.
Solar and storage win for Hartek: EPC contractor Hartek Power will build a 410 MW DC/280 MW AC solar PV and 80 MW/320 MWh BESS project in Karnataka for INR 3.54 billion. The facility will be located in Challakere. Hartek Group Executive Director and CEO Simarpreet Singh said this win strengthens its position in the utility-scale solar segment. The company will commission the project and also provide 1 year of operation and maintenance (O&M) services.
Power supply to Asahi: Adani Green Energy Limited (AGEL) says its step-down subsidiary, Adani Green Energy Twenty Five B Limited, has entered a power consumption agreement and tripartite agreement for 20.8 MW hybrid capacity with Asahi India Glass Limited. It will supply solar-wind hybrid power from this capacity to Asahi as a captive user. The latter will hold 1.22% equity in the subsidiary. The project capacity is part of a 25 MW solar and 20.8 MW wind power plant of AGEL at Khavda in Gujarat.
TaiyangNews is bringing together the Indian solar PV manufacturing industry for the Solar Technology Conference India 2026 (STC.I 2026). To be held on February 5 and 6 in Aerocity, New Delhi, this 2nd edition of the TaiyangNews physical conference will also have banks, investors, and policymakers in attendance. Register for the event here.
