India's Ministry of New and Renewable Energy released Revision-XLV of the ALMM List-I on December 22, 2025, adding new PV module manufacturers with significant production capacities exceeding 1.5 GW. Waaree Energies Limited's Navsari unit leads with 16,444 MW for both  BiH,BiN and WSM series modules. Rayzon Solar Limited follows at 5,659 MW for RS series bifacial n-type TOPCon modules. Goldi Sun Private Limited records 3,384 MW for LR8 series bifacial n-type TOPCon modules. Saatvik Solar Industries Private Limited has 3,122 MW capacity for SGE series bifacial n-type TOPCon modules. Insolation Green Energy Private Limited lists 2,791 MW for INA series bifacial n-type TOPCon modules. ZNSHINE Solarworld Private Limited enters with 1,552 MW for SW-DG series bifacial n-type TOPCon modules. Other companies exceeding 1 GW include INOX Solar Limited, MKU Holdings Private Limited, and Green Valley Motors. 

Distribution of enlisted solar module manufacturing capacity under the revised ALMM list.
Distribution of enlisted solar module manufacturing capacity under the revised ALMM list. Image Credit: SOLARbytes