Tag: make in india

US solar: The long and winding road to domestic module procurement

US solar: The long and winding road to domestic module procurement

June 5, 2023 |

Assuming US manufacturers are able to offer domestically manufactured modules and cells at more competitive prices than are currently being offered, the guidance should result in increased US cell manufacturing capacity over the next two or three years. However, if modules with US-made cells are 4-5 c/W higher than imported modules, the upside from the domestic content adder is lower than the savings from using imported modules.

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India’s domestic solar manufacturing gets a big fillip

India’s domestic solar manufacturing gets a big fillip

April 23, 2023 |

As India moves towards installing mo­re than 200 GW of new solar power ca­pacity by 2030, there is a collective aim to ensure that a large part of this is made from locally sourced components. This is a massive undertaking for the Indian solar industry, which depends significantly on imports of solar cells and modules from China and other countries. The launch of the attractive production-lin­ked incentive (PLI) scheme and two tra­nches of successful capacity and amo­unt allocations under this have brought domestic manufacturing to the fore, with developers too wanting a piece of the pie.

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Easing Of Solar Equipment Imports Restriction To Alleviate Risks To India’s Solar Growth

Easing Of Solar Equipment Imports Restriction To Alleviate Risks To India’s Solar Growth

May 8, 2022 |

In the short term, we expect downside risks to India’s solar capacity growth to alleviate as the government of India postpones restrictions on imported solar equipment use by six months. We maintain our solar capacity forecasts as India implements basic custom duties on imported solar modules and cells, increasing the costs of solar projects and curbing stronger growth, given that domestic manufacturing is still unable to replace import quantities.

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IEEFA Report: Photovoltaic Manufacturing Outlook in India

IEEFA Report: Photovoltaic Manufacturing Outlook in India

March 8, 2022 | ,

Dozens of companies are vying to make a mark in the Indian solar sector. In coming years, given the high growth potential of the domestic solar market and rising favourability of India as an alternative manufacturing hub (for geopolitical reasons), diverse stakeholders such as solar project developers, government-run organisations, PV ancillary players, etc will strive to build their stake in the solar manufacturing market.

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