Deals Counterparts

RenewSys to supply 125 MWp of TOPCon solar PV modules to ENGIE

Supply Agreement Solar announced Bikaner, India Feb 26, 2026
125 MWp
Capacity

RenewSys India has entered into an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules, which will be deployed at ENGIE’s solar project in Bikaner.

Deal Analysis

RenewSys India's agreement to supply 125 MWp of TOPCon solar PV modules to ENGIE for their Bikaner solar project represents a significant development in India's renewable energy sector. This supply agreement underscores the growing demand for high-efficiency solar modules like TOPCon, reflecting a broader trend towards advanced solar technologies. While the financial details remain undisclosed, the deal solidifies RenewSys' position as a key module supplier and supports ENGIE's commitment to expanding its renewable energy portfolio in India. The deployment of these modules in Bikaner further contributes to India's ambitious renewable energy targets. ENGIE, a global energy player focused on carbon neutrality, is actively investing in solar projects worldwide, and this agreement demonstrates their continued commitment to the Indian market. The deal also highlights the increasing competitiveness of domestically manufactured solar modules, as RenewSys is an Indian company. This agreement could potentially encourage further investment in domestic solar manufacturing and deployment.
  • RenewSys to supply 125 MWp of TOPCon solar PV modules.
  • ENGIE will deploy the modules at their solar project in Bikaner, India.
  • The deal highlights the growing demand for high-efficiency TOPCon modules.
  • It showcases ENGIE's commitment to expanding its renewable energy portfolio in India.
Market Context: The Indian solar market is experiencing rapid growth, driven by government policies and declining solar energy costs. There is increasing demand for high-efficiency modules to maximize energy generation and reduce land usage. The market is also seeing a push for domestic manufacturing to reduce reliance on imports.

Source Intelligence

KEY DETAILS

Module deliveries are scheduled between February 2026 and April 2026. Quote: "The module deliveries are scheduled between February 2026 and April 2026."

Capacity
supply of 125 MWp of TOPCon solar PV modules
Location
The modules will be deployed at ENGIE’s solar project in Bikaner
Announcement
February 26, 2026
PARTIES MENTIONED IN SOURCE
R
RenewSys seller

"RenewSys India has entered an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules"

E
ENGIE buyer

"RenewSys India has entered an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules"

high quality Enriched Feb 26, 2026

Timeline

Announced
Feb 26, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector in India.
481
Solar deals
158
deals in India
1 of 459 Solar deals tracked this month · Updated daily

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