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Back·December 05, 2025·news.google.com

India urges caution on lending for new solar module capacity as oversupply looms, ministry letter shows

SolarNews Brief

India's Ministry of Renewable Energy has urged banks to exercise caution on new solar module capacity investments due to looming oversupply concerns. The ministry letter warns that capacity expansion may exceed demand projections, creating financial risks. Intensifying competition from China's low-cost production and shifting global market dynamics challenge India's domestic manufacturing ambitions in the solar sector.

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