Waaree Energies plans to have 11.4GW of solar cell capacity by FY27.

By fiscal year 2026-27, Waaree Energies hopes to have an integrated solar cell manufacturing facility with a capacity of 11.4 gigawatts (GW), according to Sonal Shrivastava, the company’s chief financial officer. With an approximate expenditure of Rs 2,400–2,500 crores, Waaree Energies will commission 5.4 GW of solar cell production capacity in the current fiscal year….

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Government has approved $19.5 billion extra for PLI solar modules

The Government approved an extra 19,500 crore in funding for the production-linked incentive (PLI) plan for the development of high-efficiency solar modules. The government anticipates that this financial assistance will stimulate investment of 94,000 crores in a heavily dependent on imports industry, resulting in the domestic production of 65 GW of completely and partially integrated…

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