Platts to extend Solar PV price assessments in India

Platts, part of S&P Global Energy, will launch a domestic India Photovoltaic (PV) solar module price assessment series, effective Feb. 26, 2026.

The assessments will reflect the price of solar modules, manufactured in India, using the two main cell production pathways: PERC with an output of 520-680 W and TOPCon with an output of 570-720 W, with wafer sizes ranging 182-210 mm. Modules manufactured from imported cells, particularly of Chinese origin, will be deemed the basis for assessment purposes.

The assessment will also reflect contract volumes of 5-50 MW, scheduled for shipment 7-15 days from the assessment date, on an ex-works (EXW) Gujarat basis.

Platts may normalize information with differing specifications heard in the market to the above assessment specifications. Normalization brings market information in line with the Platts assessed specifications.

Platts has been publishing daily solar module price assessments covering China, Europe and the US since August 2024. Last July, Platts launched FOB India price assessments reflecting India's increasing presence in international markets. The launch of these India domestic price assessments is in response to the increasing growth of solar electricity power generation in India and the expansion of India's PV manufacturing capacity, which now exceeds 100 GW, according to Indian government data.

The assessments will reflect an Indian time stamp (1630 IST) and follow the Platts India publishing schedule. A US cents per watt currency conversion will also be published. The assessment will be added to the Platts solar module assessment table, and published in Platts European Power Daily and Platts REC Daily.

Platts first proposed to launch these assessments on Dec. 10, 2025.

Please submit any feedback, comments, or questions to powerpricing@spglobal.com and pricegroup@spglobal.com

For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing. Platts will consider all comments received and will make comments not marked as confidential available upon request.