17/07/2025
The solar industry just got a curveball.
As of August, imported solar cell prices are set to rise by ₹0.50–₹0.70/W.
That might sound like a small bump—but for module makers and EPCs, it’s a serious hit.
Here’s what’s driving this surge:
→ China’s export rebate cut (13% → 9%)
→ Polysilicon prices jumping again
→ Cell supply squeezed by China’s own demand boom
→ Currency volatility biting harder
If you're building solar projects in India, this could mean:
🔺 ₹1–1.4/W BoM cost escalation
🔺 ₹600–750 rise per 540 WP module
🔺 ₹14–15 lakh/MWp cost increase for EPCs
The window to optimize your costs is closing.
If you’re not locking in your modules now, you’re already paying more next month.