India, Sept. 26 -- India's solar industry is witnessing rapid capacity expansion, but falling solar module prices are creating new challenges for manufacturers. Lower prices can pressure realisations and margins, making cost efficiency, scale and manufacturing capabilities increasingly important.

Against this backdrop, Waaree Energies and Premier Energies are drawing attention as major solar manufacturing players. Both companies are positioned to benefit from India's renewable-energy push, but their ability to manage pricing pressure and protect profitability could differ.

Why are Solar Module Prices Falling? Solar module prices are falling mainly because India has added module manufacturing capacity much faster than demand has grown. ...