Renewable Energy : Government updates list of approved solar module manufacturers

The Union Ministry of New and Renewable Energy has updated the list of approved solar modules and domestic manufacturers (ALMMs) to include an additional 1,767 mega-watt (MW) module capacity. The government had earlier mandated that all solar projects bidding after April 10 under central government schemes would have to use equipment from ALMM-listed entities. The list currently includes only module-makers with a manufacturing base in the country. With the latest addition, the total ALMM module manufacturing capacity currently stands at 10,819 MW.

According to recent COP26 announcements, the country has set a target of installing 500 gigawatts (GW) of renewable energy capacity by 2030 and most of it to come from solar plants.

According to recent COP26 announcements the country has set a target of installing 500 gigawatts (GW) of renewable energy capacity by 2030 and the majority of it to come from solar plants.

The companies covered in the latest update include Novasis Greenenergy (100 MW), Pehal Solar (100 MW), Pixon Green Energy (355 MW) and Alpex Solar (240 MW). A 972-MW capacity from Vikram Solar’s newly-inaugurated module-manufacturing unit in Chennai has also been inducted into the ALMM. ALMM aims to boost domestic manufacturing and cut import dependence.

The first ALMM list, released in March, included major companies such as Wari (2,000 MW), Adani’s Mundra Solar (1,100 MW), Vikram Solar’s West Bengal unit (1,050 MW), Renews India (750 MW), MV Photovoltaic (500 MW). She was ), Goldie Solar (500 MW), Premier Energy (482 MW) and Tata Power Solar (300 MW). The list was updated in August to include Jackson Engineers (80 MW), Patanjali Renewable Energy (70 MW) and Central Electronics (35 MW), and in a subsequent update in September, including Gautam Solar (110 MW). Modules from other players, Insolation Energy (100 MW) and Pennar Industries (75 MW), were also added.

According to recent COP26 announcements, the country has set a target of installing 500 gigawatts (GW) of renewable energy capacity by 2030 and most of it to come from solar plants. The renewable energy capacity currently installed in the country is 103 GW, of which 48 GW is solar. Another 50 GW renewable energy projects are under implementation and 32 GW is in various stages of bidding. Based on the analysis of the Central Electricity Authority, around 25 GW of annual solar capacity addition is required by 2030 to achieve optimum energy mix of 280 GW installed solar capacity by FY30.

Module costs comprise about 60% of the total project expenditure for solar plants, and due to the cheaper rates of imported modules, solar capacity has been increased through foreign products, especially Chinese. From the beginning of FY 2013, solar module and cell imports will attract BCD of 40% and 25% respectively. To discourage imports, a 25% safeguard duty was imposed on solar equipment imports from China, Malaysia and other developed countries in July 2018. The fee, as planned, was gradually reduced to 15% by the end of his regime on 31 July.

On Friday, Andhra Pradesh-based transformer manufacturer and EPC contractor Shirdi Sai Electricals, BC Jindal Group’s Jindal India Solar Energy and Reliance New Energy Solar were selected as beneficiaries of the Rs 4,500-crore Production Linked Incentive (PLI) scheme for solar panels. Is. manufacturing, and these companies are expected to cumulatively install around 12,000 megawatts (MW) of manufacturing capacity under the scheme.

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