TAG: "backward integration"

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Solarworld to Form JV with Rays Power for 2.4 GW Solar Cell Plant in Madhya Pradesh

Solarworld Energy Solutions has formed a 50:50 joint venture with Rays Power Infra to establish a 2.4 GW n-type TOPCon solar PV cell manufacturing facility in Madhya Pradesh, with commercial production targeted for June 2027.

Backward Integration | September 08, 2026 | By Mrinmoy Dey | 306

India’s 233 GW Solar Module Capacity Runs at 35–40 Percent Utilisation: IEEFA

India’s solar PV module manufacturing capacity has reached about 233 GW as of June 2026, but factories are operating at only 35–40 percent utilisation, raising concerns over overcapacity, margins and stranded assets, according to an IEEFA-JMK Research report.

Backward Integration | September 02, 2026 | By Mrinmoy Dey | 1149

Fujiyama Power Systems Reports 141 Percent EBITDA Growth in Q1 FY27

Fujiyama Power Systems posted a strong Q1 FY27 performance, with revenue and EBITDA surging year-on-year as the company expanded its distribution network, commissioned new manufacturing facilities and strengthened backward integration.

Backward Integration | August 14, 2026 | By News Bureau | 1302

Navgrun Plans 1.2 GW TOPCon G12R Wafer and Cell Manufacturing Capacity

Navgrun plans to establish 1.2 GW of annual TOPCon G12R wafer and solar cell manufacturing capacity, complementing its existing 700 MW module facility to build an integrated solar manufacturing ecosystem.

Backward Integration | August 10, 2026 | By Mrinmoy Dey | 2126

Pace Digitek Advances BESS Expansion, Targets 10 GWh Manufacturing Capacity by FY2027

Pace Digitek, through its subsidiary Lineage Power, is accelerating its Battery Energy Storage System manufacturing expansion, with a 2.5 GWh capacity addition nearing commissioning and plans to scale total capacity to 10 GWh by Q3 FY2027.

Backward Integration | June 30, 2026 | By News Bureau | 1174

Navitas Solar to Invest INR 1,500 Crore in Gujarat for 3.6 GW Solar Cell Plant and Pilot Wafer-Ingot Manufacturing Line

Navitas Solar’s proposed solar cell facility is being designed as a highly automated production platform capable of supporting future technology upgrades and next-generation cell architectures.

Backward Integration | June 16, 2026 | By Abha Rustagi | 1487

Solarium Green Energy Commissions 1 GW Solar Module Manufacturing Facility in Ahmedabad

Solarium Green Energy has commissioned a 1 GW solar module manufacturing facility in Ahmedabad, as part of its backward integration strategy. Built at an estimated capex of INR 90 crore, the plant is equipped to produce high-efficiency G12 solar modules up to ~725 Wp.

Backward Integration | March 19, 2026 | By Mrinmoy Dey | 1078

Credence Solar Announces Groundbreaking of 2 GW Solar Cell Manufacturing Facility in Rajkot

Credence Solar Panels has announced the ground-breaking of a 2 GW solar cell manufacturing plant in Rajkot, Gujarat, focused on next-generation G12 and G12R technologies, set to begin operations by the last quarter of 2026.

Backward Integration | March 16, 2026 | By Mrinmoy Dey | 1606

India’s Solar Manufacturing Boom: Growth Story or Bubble in the Making?

With module capacity far outpacing domestic demand, India must now confront overcapacity head-on while strengthening upstream integration to secure long-term self-reliance and global competitiveness.

Backward Integration | February 26, 2026 | By Mrinmoy Dey | 7505

Nash Energy Commissions 2 GWh Prismatic Battery Pack Line in Bengaluru

Nash Energy has announced the commissioning of a 2 GWh fully automated prismatic battery pack manufacturing line at its Dobbaspet facility in Bengaluru, marking the first phase of its plan to build 10 GWh of energy storage capacity over the next five years.

Backward Integration | January 15, 2026 | By Mrinmoy Dey | 1197