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Borosil Renewables’ German subsidiary, Glasmanufaktur Brandenburg GmbH, has filed for insolvency due to severe demand drops caused by Chinese underpriced solar modules flooding Europe. The subsidiary was incurring losses of around INR 9 crore per month, prompting Borosil to exit and refocus on the Indian solar market. Borosil plans a 60% capacity expansion in India by adding 600 TPD through new furnaces, investing about INR 950 crore. Strong domestic demand, policy support, and anti-dumping duties on imports are boosting solar glass prices and growth prospects.