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module overcapacity

As of June 2026, module nameplate capacity was nearly 7x cell capacity and 116x ingot-wafer capacity, the report said. Image: IEEFA.

India’s solar module overcapacity to persist through 2030 as capacity reaches 233GW

September 2, 2026
India’s solar module capacity has reached 233GW, with factories operating at 35–40% utilisation amid rising overcapacity.
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