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Solar Cell Capacity May Reach 42 GW by 2026

Financial Express Lucknow

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July 31, 2025

With private players ramping up cell manufacturing, the government expects the solar cell capacity to reach 42 gigawatts (GW) by June, with the approved list of models and manufacturers (ALMM) for cells being introduced soon, official sources said.

- Arunima Bharadwaj

At present, India has 27 GW of solar cell capacity with Gensol, Waaree Energies, Premier Energies, ReNew, Tata Power Renewables, and Adani Solar as the top players.

Government sources said the ALMM for solar cells will be published in the next few days.

"The current position seems to be comfortable. There are many players in the overall system having existing cell manufacturing capacities of almost 27 GW. Domestic manufacturers are ramping up capacities. The overall capacity is expected to grow to 42 GW by June 2026," the official said.

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Banks seek more leeway in acquisition financing

BANKS HAVE FLAGGED several restrictions in the Reserve Bank of India’s acquisition financing guidelines that they believe will limit their participation in the merger and acquisition (M&A) space.

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Sarvam.ai to launch India's first LLM by early next year

SARVAM.AI PLANS TO roll out India’s first homegrown foundational large language model (LLM) in the next couple of months, co-founder Vivek Raghavan said.

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