India’s Solar Manufacturing Excesses Turn a Boom Into a Glut


Cell-manufacturing capacity is expected to increase to 100 gigawatts over the next two years, credit rating firm ICRA Ltd. estimates, a four-times jump from now. That’s another glut in the making, according to Sameer Gupta, chairman of module maker Jakson Ltd, Capacity coming online after the middle of 2027 may struggle to find a market, he added.



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