24 Nov 2025 | 5 Mins Read
India's solar glut looms over lucrative investment theme
Flipitmoney
India's solar energy sector is facing an emerging solar glut due to rapid growth in manufacturing capacity outpacing demand. Capacity is expected to reach 165 GW by 2026, while annual installations may be 45-50 GW. This has led to oversupply, weaker pricing, and reduced utilisation at many factories. Key affected companies are smaller manufacturers.