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Solar boom or bubble Inside India renewable overbuild as panels pile up
Economy
Published on 24 April 2026
Warehouses are filling as exports slow and capacity races ahead
India’s solar rise was meant to be a sunrise, but the pace of new manufacturing and capacity growth is colliding with softer demand and export headwinds. With factories expanding faster than markets can absorb output, unsold panels are reportedly accumulating in warehouses. The result raises tough questions: is India building lasting clean energy strength, or drifting into an overbuild bubble?
- Rapid manufacturing expansion is outpacing export demand
- Unsold solar panels are accumulating in warehouses
- The export slowdown is pressuring panel makers and inventories
- Investors and regulators face overbuild risk in renewables
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times