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Several announcements have recently emerged within India’s solar energy landscape. Waaree Renewable Technologies (WRTL), a unit of Waaree Energies, has obtained a contract to build a 300MW solar photovoltaic project in the country. The company received a Letter of Award from Sunsational Power Private Limited for a 300MW/450MWp ground-mounted solar installation. The work scope covers engineering, procurement, and construction services, along with operations and maintenance support for two years after the facility begins commercial operation. Completion is slated for the 2026-27 fiscal year. WRTL’s current order backlog is roughly 2.8GW, with a pipeline of about 36GW, of which approximately 23GW is domestic and 12GW relates to international contracts. Waaree Energies intends to create a fully integrated solar manufacturing chain, from polysilicon through ingots, wafers, cells, and modules. The Mumbai-based firm now runs 22.3GW of solar module capacity worldwide, supported by 5.4GW of solar cell production capacity.
Gujarat Inject Kerala has won a purchase order valued at about INR10 million (US$104,836) to supply solar PV modules. The deal with Gujarat-based Ottire Lifestyle involves delivering 1,334 units of 600Wp solar PV modules, with execution expected by June 2026. Following the announcement, the company’s shares climbed 5%, hitting the upper circuit limit. Gujarat Inject Kerala was originally established as a joint-sector venture to manufacture intravenous fluids, promoted by Gujarat Inject Limited and the Kerala State Industrial Development Corporation. It later shifted away from pharmaceuticals into trading, including textiles, and has more recently moved to expand its role in the solar sector. In the fourth quarter of fiscal 2026, the firm posted a standalone net profit of INR16.4 million, while revenue from operations jumped 624.1% year-on-year to INR307 million.
Vikram Solar has reportedly proposed investing INR270 billion (US$2.8 billion) to build a vertically integrated solar manufacturing hub in West Bengal. According to local media, the planned facility would cover the entire solar PV value chain, including ingots, wafers, cells, and modules. The Kolkata-based company aims to create up to 12,000 green jobs in the area. Vikram Solar has reportedly requested a meeting with the West Bengal Chief Minister to discuss the proposal, which includes a need for roughly 700 acres of land. The investment remains at the proposal stage and has not been officially confirmed by the company or the state government. Timelines, funding details, and execution plans are still unclear. PV Tech reached out to Vikram Solar for comment, but the company did not confirm or deny the reports at the time of publication. Recently, Vikram Solar surpassed 10GW of cumulative global solar module shipments, doubling from 5GW over the last two years. The manufacturer noted that this milestone represents about 25 million modules installed, mostly in the domestic market, with around 1.5GW exported internationally.
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