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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.

JMK Research Report | September 02, 2026 | By Mrinmoy Dey | 1273

Octillion Power Systems Opens Third India Battery Plant in Gujarat, Expands EV Manufacturing Capacity

Octillion Power Systems has commissioned its third Indian manufacturing facility in Halol, Gujarat, strengthening domestic EV battery production and supporting the country’s expanding electric mobility ecosystem.

JMK Research Report | August 12, 2026 | By News Bureau | 1476

India’s Rooftop Solar Jumps Over 4 GW Under PM Surya Ghar Yojana, But Targets Still Distant, Says Report

The Pradhan Mantri Surya Ghar Yojana (PMSGY) has added nearly 4.9 GW residential rooftop solar capacity in just over a year, yet only 13 percent of installation targets and subsidy funds are achieved.

JMK Research Report | October 14, 2025 | By EI News Network | 2008

Waaree Retains No.1 Solar Module Spot in Apr-Jun 25 quarter

The April-June 2025 quarter saw India add 4.2 GW of new utility-scale solar capacity and 1.3 GW of rooftop installations, pushing the country’s cumulative solar capacity to 91 GW.

JMK Research Report | August 29, 2025 | By News Bureau | 1185

Waaree Emerges as India’s Top Solar Module Supplier in FY2025: JMK Report

Waaree Energies Limited has reinforced its position as the nation's top solar module supplier, capturing a commanding 13.9 percent share of total module shipments in FY2025, according to the comprehensive JMK Research & Analytics Annual India Solar Report Card.

JMK Research Report | July 09, 2025 | By News Bureau | 2578

Waaree Leads India’s Solar Module Market with 17.3 percent Share in Q1 2025, says JMK Report

Waaree Energies Limited has once again solidified its position as the nation’s foremost solar module supplier, capturing a remarkable 17.3% share of total module shipments in Q1 2025, according to the latest JMK Research report.

JMK Research Report | May 28, 2025 | By News Bureau | 2595