On April 10, 2026, AMPIN Solar One, a joint venture between Jupiter International and AMPIN Energy Transition, inaugurated a 1.3 GW integrated solar cell and module manufacturing facility in Bhubaneswar, Odisha. Formally opened by Odisha Chief Minister Mohan Charan Majhi, the plant was developed under India’s Production-Linked Incentive (PLI) scheme to bolster domestic manufacturing and reduce import reliance. The high-performance modules produced at the site will support AMPIN’s internal project pipeline and be supplied to third-party developers. Alok Garodia, Chairman and MD of Jupiter International, emphasized that the facility marks a significant milestone in strengthening the domestic manufacturing backbone for India’s energy transition while enhancing supply chain security.
Apr 13, 2026 16:40[SMM Steel] The US Department of Commerce upheld anti-dumping duties on prestressed concrete steel wire strand imports from Brazil, India, Mexico, South Korea and Thailand following a sunset review. Final dumping margins were set at 118.75% (Brazil), 102.07% (India), 77.20% (Mexico), 54.19% (South Korea) and 12.91% (Thailand). With no substantive responses from exporters, duties will remain in place, continuing to restrict imports and support US domestic producers in the short term.
Apr 13, 2026 14:13India recorded a 15% year-on-year decline in its exports of iron ore and pellets during the 2025-26 fiscal year, dropping to 25.78 million tons. This reduction was primarily caused by a decline in global iron ore prices, increased discounts on lower-grade fine ore in the seaborne market, and weaker demand from overseas steel producers. Concurrently, domestic absorption of raw materials increased significantly as India's crude steel production grew by 11%, leading to higher local sales prices for iron ore.
Apr 13, 2026 14:05India added a record 44.6 GW of solar and 6 GW of wind capacity in fiscal year 2026, representing year-on-year increases of 87.2% and 45.6%, respectively, according to JMK Research. As of March 31, 2026, India's total renewable energy capacity reached 275 GW, with solar accounting for 55% (150.26 GW). The surge was primarily driven by the commissioning of projects under the MNRE’s 50 GW annual bidding trajectory and the acceleration of projects ahead of the June 2025 ISTS waiver deadline. Additionally, the PM Surya Ghar scheme significantly boosted residential rooftop adoption, with Maharashtra and Gujarat leading the state-level installations across various solar segments.
Apr 13, 2026 14:05According to the draft National Steel Policy 2025, India plans to aggressively expand its steel production capacity to 400 million tons by the 2035-36 fiscal year, requiring approximately $183.41 billion in capital investments. The policy heavily focuses on decarbonization and raw material independence, aiming to reduce reliance on imported coking coal to 80% from the current 90%. Furthermore, the government intends to lower average steel mill emissions to 2 tons of carbon dioxide per ton of rolled steel, promoting gas-based production and scrap utilization.
Apr 13, 2026 14:01A US-India backed Congo copper project is nearing production, highlighting intensifying competition for critical mineral supply.
Apr 13, 2026 10:55Dear User, Currently, India has gradually become an important global manufacturing and export base for PV modules. In actual trade, Indian made modules exhibit differentiated supply-demand relationships and price performances in the spot market due to the varying origins of the solar cells used. To facilitate upstream and downstream enterprises in the PV industry chain to better understand India's module export and local market conditions, grasp real-time international spot price dynamics, and convey more comprehensive and diverse price information to the market, thereby reducing transaction risks and costs in overseas trade, SMM, after a period of consolidation and market surveys, plans to officially add the 'TOPCon Module-Indian Made(with domestic solar cells)' and 'TOPCon Module-Indian Made(without domestic solar cells)' product prices as market trading references starting from January 23, 2026. The published prices are all ex-work prices for these modules in India, with specific specifications and descriptions as follows: Price Point Names: TOPCon Module-Indian Made(with domestic solar cells) TOPCon Module-Indian Made(without domestic solar cells) Price Description: Price Type: Indian ex-work price (EXW) Tax Rate Standard: Tax-excluded Definition: Indian ex-work price With Domestic Solar Cells: Refers to modules manufactured in India, with the solar cells used also produced locally in India. Without Domestic Solar Cells: Refers to modules manufactured in India, but the solar cells are imported from overseas (not produced locally in India). Unit: $/W Major Brands: Waaree Technologies Ltd, Adani Group, Vikram Solar Limited, Tata Power Company Ltd, Goldi Solar Pvt Ltd, etc. Minimum Trading Volume: 10 MW Delivery Period: Within 3 months Release Time: Every Friday at 11:00 AM Beijing Time Payment Terms: Cash, and other payment methods standardized as cash SMM PV Research Team January 13, 2026
PriceJan 13, 2026 09:29Dear User, Hello! With the evolution of global PV trade, N-type 210R wafers, as a core product from China, are being exported to global PV markets including India. To facilitate upstream and downstream enterprises in the PV industry chain to better understand the global market conditions for PV wafers, grasp real-time international spot price dynamics, and convey more comprehensive and diverse price information to the market, thereby reducing transaction risks and costs in overseas trade. After a period of consolidation and market surveys, SMM plans to officially add the "N-type 210R Wafer — India CIF" product price as a reference for market transactions starting from December 29, 2025. The published prices are all CIF prices for major Indian ports. The specific specifications and descriptions are as follows: Price Point Name: N-type 210R Wafer — India CIF Price Description: Product Specification: 210R Tax Standard: Excluding VAT Definition: CIF price for major Indian ports Unit: US dollar/piece Mainstream Brands: TCL Zhonghuan, Gokin Solar, Shuangliang, Adani Minimum Trading Volume: 100,000 pieces Update Frequency: Daily Maintenance Time: 11:20 BJT (8:50 IST) Payment Terms: Cash, and other payment methods standardized to cash SMM PV Research Team December 19, 2025
PriceDec 19, 2025 16:05In recent years, Guinea has played a pivotal role in the global bauxite market, standing as the world's largest bauxite producer. In 2024, the country exported 1.23 billion tons of bauxite, with approximately 90% destined for China, making it the most critical source of bauxite imports for China. The remainder was exported to regions such as India (3%) and Europe (1%). Against the backdrop of tight shipping capacity and the significant impact of freight and bunker adjustment costs on landed costs, SMM is responding to the strong focus from industry chain participants on FOB prices for Guinean bauxite. To more accurately reflect the intrinsic value of bauxite and refocus market attention from CIF prices (which include freight) to FOB prices themselves, SMM has decided to: Commencing November 7, 2025, SMM will officially launch one new price: Guinea Bauxite FOB (Al2O3: 45%, SiO2: 3%, FOB Guinea, $/dmt) Details of this price point are as follows: Shanghai Metals Market Aluminum Research Departmen 6th November, 2025
PriceNov 6, 2025 10:49