Indian solar PV exports surging | IEEFA
Most Indian PV exports are to the US, which accounted for 97% and 99% of India''s PV exports in FY2023 and FY2024, respectively. India also exports PV products to South
Most Indian PV exports are to the US, which accounted for 97% and 99% of India''s PV exports in FY2023 and FY2024, respectively. India also exports PV products to South
India exports 97% of its solar modules to the US, says PL Capital India''s solar module exports rose nearly nine times in 2023 and doubled again in 2024. It notes that this
India''s solar module exports to the US are booming, driven by US restrictions on Chinese imports. Indian modules are cheaper, making them attractive. However, new US
India''s solar modules captured 97% of its exports to US (2023-25), up 9x in ''23 & 2x in ''24, as 19-21% cheaper alternative to US-made amid China curbs. Share rose to 11% vs
From April to November 2024, exports reached approximately $782 million, Minister of State for New and Renewable Energy Shripad Yesso Naik told parliament. The US
India''s solar cell and module exports recorded a robust 65.2 per cent year-on-year growth in the third quarter of 2025, reaching $344.5 million, according to a recent report by Mercom Capital.
India has traditionally been among the largest consumers and importers of solar photovoltaic (PV) modules, but with the Indian government''s push for domestic manufacturing, the volume of
India''s solar module exports surge as the US becomes its biggest buyer, driven by cost advantages, policy shifts, and rising global demand.
Data source: U.S. Energy Information Administration, Form EIA-63B, Monthly Photovoltaic Module Shipments Report Note: Includes both domestic shipments and exports.
To dive deeper into Solar Module exports from these countries, simply click on the links provided below. Each link directly relates to the shipment count from the respective country.
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