India is making significant strides in bolstering its renewable energy output, with a keen focus on solar power. This effort is part of a broader strategy to achieve ambitious energy targets and diminish reliance on fossil fuels. A critical step in this direction involves enhancing the country's capability to manufacture its own solar modules, which are vital components of solar panels. This goal is being pursued through targeted policies and specific government orders.
The "Approved List of Models and Manufacturers of Solar Photovoltaic (PV) Modules" (ALMM) is a government-initiated list that identifies solar module manufacturers eligible for government projects and programs. The list's primary aim is to promote the utilization of domestically produced solar equipment over imports, which have traditionally been sourced at competitive prices from countries like China.
The decision to reinstate the ALMM list followed a brief pause and was driven by enhancements in India's manufacturing capabilities. Initiatives such as the Production Linked Incentive (PLI) scheme have made domestic production more competitive, prompting the government to support local solar module manufacturers actively.
Historically, India has depended significantly on imported solar cells and modules, predominantly from China and Vietnam, to satisfy its solar energy needs. However, there is a concerted effort to shift this trend by boosting local manufacturing capabilities.
Several pivotal policies have been introduced to minimize dependence on solar PV imports:
China's preeminence in global solar PV manufacturing is attributed to strategic government policies, low industrial electricity costs, and large-scale production capabilities that have reduced costs and encouraged innovation.
India has set an objective to achieve 500 GW of installed capacity from non-fossil fuels by 2030, with solar energy being a pivotal component. The nation boasts an estimated solar energy potential of 748.99 GW, much of which remains untapped. The government is vigorously working to harness this potential through various schemes and programs.
India's efforts to enhance local sourcing of solar modules aim to solidify its renewables manufacturing ecosystem and lessen import reliance. By concentrating on domestic capabilities and implementing supportive policies, India is on a path to becoming self-reliant in solar energy production, aligning with its ambitious renewable energy goals.
Kutos : AI Assistant!
