Localization mandates set to widen and end lucrative arbitrage for Indian solar cell companies

According to a July 4 report by Harshraj Aggarwal, vice president of institutional equity research at Yes Securities, the top companies in the B2B cell market are Premier Energies, Tata Power, Adani Solar, Jupiter International, ReNew Photovoltaics and Emmvee Photovoltaic. Waaree Energies, one of India’s largest solar cell manufacturers, does not sell in the B2B market.