Industry sources indicate most manufacturers have struggled to maintain capacity utilisation above 70 per cent, which has contributed to upward pressure on prices. The company proposal arrives amid forecasts that fresh capacities of over six gigawatt (GW) may be added by September, which are expected to ease tightness by December 2026. The report notes that capacity additions could improve plant utilisation and market balance towards the end of the year.
The G12R wafer format, also known as 210R, is being regarded as the next evolution following the widely adopted M10 format and is said to offer higher module efficiency, lower production costs and improved line utilisation. Manufacturers consider the format helpful in narrowing the gap between nameplate capacity and actual output, thereby enhancing overall plant performance. This technical shift is influencing investment and manufacturing strategies across the sector.
The ALMM framework has been introduced to promote quality, reliability and traceability in the Indian solar sector while encouraging domestic manufacturing capacity. Grew Solar’s application is presented as part of broader efforts to build a self?sufficient renewable energy ecosystem and to secure market share for locally produced modules and cells. Observers expect that certification under ALMM List?II may support procurement by projects that require approved models.
Solar cells remain the core building blocks of photovoltaic modules and are central to determining system efficiency and long?term sustainability. The company application and ongoing format transition underline how manufacturing upgrades and regulatory alignment are shaping the domestic solar manufacturing landscape.
Grew Solar has applied for inclusion of its three point five gigawatt (GW) TopCon G12R solar cell manufacturing capacity at its Narmadapuram facility in Madhya Pradesh under the Ministry of New and Renewable Energy Approved List of Models and Manufacturers List-II for N?Type TopCon solar photovoltaic cells. The application comes as ALMM List-II came into force on the first of June and domestic TopCon cells and modules are reported to be in short supply. The move aims to secure regulatory recognition and support for locally made cells. Industry sources indicate most manufacturers have struggled to maintain capacity utilisation above 70 per cent, which has contributed to upward pressure on prices. The company proposal arrives amid forecasts that fresh capacities of over six gigawatt (GW) may be added by September, which are expected to ease tightness by December 2026. The report notes that capacity additions could improve plant utilisation and market balance towards the end of the year. The G12R wafer format, also known as 210R, is being regarded as the next evolution following the widely adopted M10 format and is said to offer higher module efficiency, lower production costs and improved line utilisation. Manufacturers consider the format helpful in narrowing the gap between nameplate capacity and actual output, thereby enhancing overall plant performance. This technical shift is influencing investment and manufacturing strategies across the sector. The ALMM framework has been introduced to promote quality, reliability and traceability in the Indian solar sector while encouraging domestic manufacturing capacity. Grew Solar’s application is presented as part of broader efforts to build a self?sufficient renewable energy ecosystem and to secure market share for locally produced modules and cells. Observers expect that certification under ALMM List?II may support procurement by projects that require approved models. Solar cells remain the core building blocks of photovoltaic modules and are central to determining system efficiency and long?term sustainability. The company application and ongoing format transition underline how manufacturing upgrades and regulatory alignment are shaping the domestic solar manufacturing landscape.
Smartworks has leased over 400 seats at its Mumbai centre to a subsidiary of a Japanese non-bank finance company in a Rs 350 million (mn) transaction. The company said the agreement covers managed office space designed to support the tenant’s India operations and will strengthen its presence in the city. The deal was presented as part of Smartworks’ strategy to grow its enterprise client base. The leased seating forms part of a larger workplace solution that combines private offices and flexible seating tailored to financial services clients. Smartworks noted that demand from the banking, fina..
Aequs Infra’s Belagavi special economic zone has moved close to complete renewable energy adoption for on-site industrial operations. Energy requirements within the cluster are met through a combination of rooftop solar installations, open access renewable energy procured from third-party providers and green power supplied by the state electricity board. The integrated approach has enabled the campus to sustain operational reliability while advancing environmental objectives. The licensed power distribution network within the campus supports stable energy delivery and creates economic benefits..
Waaree Renewable Technologies (Waaree) has signed a Letter of Award with its wholly owned subsidiary, Sunsational Power Private (SPPL), to develop a 300 megawatt (MW) and 450 megawatt peak (MWp) ground-mounted solar project. The company will provide engineering, procurement and construction services and two-year operation and maintenance services under the contract. The agreement covers the full EPC scope and a two-year O&M commitment. The scope will include site engineering, procurement of equipment and construction management across the installation. The project is scheduled to be completed ..
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