Solar module manufacturing capacity still lags demand

As per the latest data by the MNRE, the total installed solar module manufacturing capacity has increased from 5,848 MW in June 2016 to 8,113 MW in December 2016. The number of companies engaged in the manufacturing business has grown from 94 to 104 during the same period. However, the utilisation of installed capacity has fallen from 74 per cent in June 2016 to 65 per cent in December 2016. Meanwhile, the solar cell manufacturing capacity has increased from 1,468 MW to 2,953 MW during the same period.


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