Synopsis :
India’s solar race is intensifying with Waaree Energies and Premier Energies aggressively expanding capacity. Waaree leads with a bigger global book, higher profitability and large capex, while Premier is scaling cell capacity fast to capture domestic demand momentum.
Throughout the last ten years, India has developed an incredible solar power industry that has made India one of the top renewable energy markets worldwide. The total solar capacity installed in India has gone beyond 116 GW by mid-2025 due to the government’s aggressive targets, technology cost decline, and demand for clean energy from the residential, commercial, and utility sectors.
The growth is supported by large-scale solar parks and the rapid penetration of rooftop and off-grid solutions. At the

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