Archive · 5 Dec 2025

India Warns of Solar Module Oversupply

India Warns of Solar Module Oversupply

India's clean energy ministry has warned that there might be too many solar panels being made in the country.

They asked banks to be careful when lending money to companies that want to make more solar panels.

This is because many Indian companies have been making solar panels to sell to the US, but the US has put higher taxes and checks on these panels, making it harder to sell them.

Also, people in India are not buying as many new solar panels as before.

The ministry said that the country's ability to make solar panels is growing much faster than what people need.

They suggested that banks should give money to companies that make all the parts needed for solar panels, so India doesn't have to rely so much on other countries like China.

Sources