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Solar PV accounted for more than a quarter of total global energy demand growth in 2025, becoming the single largest contributor to new energy supply, according to the International Energy Agency.

NTPC Green Energy, the renewables arm of state power company NTPC, has commissioned 237.5MW of a 300MW solar project it is building in Rajasthan.

Jupiter International and Ampin Energy Transition have commissioned a 1.3GW integrated solar cell and module manufacturing facility in Bhubaneswar, Odisha.

India’s MNRE has expanded the ALMM List-II for solar cells to 27.8GW, and added HJT cells for the first time.

GAIL will invest INR38 billion (US$408 million) to develop 700MW of solar projects across Uttar Pradesh and Maharashtra.

Premier Energies is set to supply 1.6GW of solar cells and modules in the fourth quarter of 2026, under contracts valued at INR25.77 billion (US$276 million). 

Indian solar manufacturer Vikram Solar has surpassed 10GW in cumulative solar module deployments globally.

As key purchasers of solar power, distribution companies are central to India’s renewable energy goals. But, under severe financial strain, they could also derail those same ambitions.

India has become the third-largest country by installed renewable energy capacity, reaching 274.68, with over 150GW of solar PV capacity, according to statistics from the Ministry of New and Renewable Energy (MNRE).

Despite PV’s maturity, a new paper argues that its growing global significance makes ongoing research essential.