Solar Manufacturing May Outpace Demand Due to Grid Constraints: Interview
The domestic market may absorb only 50 GW-60 GW of solar capacity annually over the next two years
July 27, 2026
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With 139 GW of solar module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM), India’s solar manufacturing industry may be heading toward overcapacity. Manufacturing capacity now far exceeds near-term domestic demand, raising concerns over capacity underutilization, margin pressure, and delayed investment decisions.
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Arjun Joshi
More articles from Arjun Joshi.
