Schedule a Call Back
Centre to expand ALMM to solar cells
Industry News- Sep 06,24
Currently, the ALMM only covers solar modules, limiting government-supported projects to modules made in India.
The Ministry of New and Renewable Energy is set to bring solar cell imports under the Approved List of Modules and Manufacturers (ALMM) in a move aimed at reducing dependency on Chinese supplies and bolstering domestic production. Union Minister for New and Renewable Energy, Pralhad Joshi, confirmed that a decision on the proposal is expected shortly.
Currently, the ALMM only covers solar modules, limiting government-supported projects to modules made in India. Introduced in 2021, the ALMM framework was suspended until FY24 to address concerns about insufficient module supply, but it was reinstated in April 2024 with a capacity of 54 GW. Including solar cells in the ALMM would significantly boost domestic manufacturing as India aims to lead in clean energy production.
India has ambitious renewable energy targets, including 500 GW of installed non-fossil fuel power generation capacity by 2030, with 292 GW coming from solar. Currently, India’s solar cell manufacturing capacity exceeds 6 GW, and expansion is seen as crucial to meet increasing demand and reduce reliance on imports.
To support domestic solar manufacturing, the government has imposed high import duties on modules and cells and introduced Production Linked Incentive (PLI) schemes. These efforts aim to attract investment, build manufacturing capacity, and promote exports.
At the POWERGEN India 2024 event, Minister Joshi highlighted India’s renewable energy progress, noting that installed capacity has grown from 75.52 GW in 2014 to 203 GW in 2024—a 165% increase. He also invited global investors to explore opportunities in India’s renewable energy and green hydrogen sectors.
Joshi further emphasised India’s commitment to accelerating renewable energy projects, including a Rs 74.53 billion investment in 1,000 MW of offshore wind energy, as the country works toward achieving its net-zero emissions target by 2070.
(ET)
Related Stories
Automation & Robotics
Schmersal is committed to safety for man and machine
The Germany-based Schmersal Group develops and produces systems and solutions for its customers worldwide to help boost machine safety and occupational health and safety. In this interview, Ranjith ..
Read moreElectrical & Electronics
Waaree is the first Indian Solar PV manufacturer to achieve EcoVadis Gold Medal
Waaree Energies now joins the top 5% of companies worldwide assessed for their environmental, social, and ethical business practices.
Read moreElectrical & Electronics
Bisleri and Schneider Electric to install solar modules at Bisleri plants
As part of ‘Bisleri’s Greener Promise’, the company has already deployed rooftop solar panels that generate 2.5% of its energy from renewable sources.
Read moreRelated Products
Geared Electric Motors
ELECTRICAL & ELECTRONIC EQUIPMENT
Delco Fans Pvt Ltd offers single phase capacitor run and three
phase geared Instrument motors, totally enclosed face/foot mounted.
“Kusam-Keco” Partial Discharge Acoustic Imager - Model - Km-pdai
ELECTRICAL & ELECTRONIC EQUIPMENT
‘Kusam-Meco’ has introduced a new “Partial Discharge Acoustic Imager Model KM-PDAI.
78 Series Din Rail Terminal Blocks
ELECTRICAL & ELECTRONIC EQUIPMENT
Werner Electric Private Limited offers a wide range of 78 series din rail terminal blocks.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
