From pv journal India
“We purpose to place India as a number one international provider of renewable power tools,” stated MNRE Secretary Bhupinder Singh Bhalla this week in New Delhi.
Bhalla stated the federal government has made vital efforts to construct a photo voltaic manufacturing ecosystem via the production-linked incentives (PLI) Scheme and different coverage measures.
Greater than 48 GW of latest PV manufacturing capability might be supported via the PLI scheme. These capacities are arising in several buckets of integration: poly-to-module, ingot-wafers-to-module, and cells+modules. Presently, India has a photo voltaic PV module manufacturing capability of 28 GW and cell capability of 6 GW per yr.
Bhalla stated lots of the firms usually are not solely producing the quantum allotted [under the PLI Scheme] however establishing a lot greater capacities.
“Subsequently, we estimate that by 2026, after the PLI scheme is totally carried out and different manufacturing capacities additionally come up, we needs to be able to have 100 GW of photo voltaic PV module manufacturing capability,” he added.
India is focusing on 500 GW of non-fossil fuel-based electrical energy technology capability by 2030, together with round 300 GW from photo voltaic. With 71.6 GW of photo voltaic capability put in as of Aug. 31, 2023, the nation might want to add 30 GW to 40 GW per yr of solar energy capability to achieve the 2030 goal.
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