Insolation Green Energy, a fully owned arm of Insolation Energy, has kickstarted construction on a game-changing renewable project in Madhya Pradesh. The company is setting up a massive 4.5 GW solar cell plant alongside an 18,000 metric tonne aluminium frame manufacturing facility in the Power and Renewable Energy Equipment Zone at Narmadapuram.
Spread across 45 acres and backed by a bold investment of INR 16 billion (USD 182.7 million), the project is set to strengthen India’s green energy ambitions. It also marks a new milestone for the company, its fourth manufacturing facility and the very first to rise beyond its home turf of Rajasthan.
Manish Gupta, Chairman and Whole-Time Director at Insolation Energy, highlighted that the new facility will be a game-changer, substantially boosting the company’s ability to cater to India’s surging solar demand.
At the same time, Insolation has commenced commercial production at its state-of-the-art solar module plant in Jaipur, Rajasthan, which houses an annual capacity of 3 GW of n-type and ToPCon solar modules along with 12,000 metric tonne of aluminium frames. With this, the company’s total operational solar module manufacturing capacity now stands at 4 GW.
Looking ahead, Insolation Energy has set its sights on an ambitious target, expanding to 8 GW of solar modules, 3 GW of solar cells, and 54,000 MT of aluminium frame capacity by FY 2027.
Adding further momentum to the sector, the Ministry of New and Renewable Energy (MNRE) recently included solar cells in the Approved List of Models and Manufacturers (ALMM) List-II, effective June 1, 2026. The first ALMM List-II, published earlier this month, already features nine domestic manufacturers with a combined annual capacity of 13,067 MW.
Government-backed solar projects that are required to source modules from the ALMM List-I have been given an exemption from the newly introduced ALMM List-II, provided their bid submission deadlines fall on or before the cut-off date of September 1, 2025.
India’s manufacturing base is expanding rapidly. As per Mercom’s State of Solar PV Manufacturing in India 2025 report, the country added a remarkable 25.3 GW of solar module capacity and 11.6 GW of solar cell capacity in 2024 alone.
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