Feasibility of Home Solar Manufacturing Initiative and Demand Visibility

Feasibility of Domestic Solar Manufacturing Initiative and Demand Visibility

The government is pushing for solar production in India with restrictive and promotional measures.

In April this year, the Union Cabinet approved the Production-Linked Incentive Scheme (PLI) for the “National Scheme for High-Efficiency Solar PV (Photovoltaic) Modules” to encourage gigawatt-scale manufacturing at a cost of £45 billion (~$605). US dollars) to reach million).

Mercom is holding a virtual conference, the “Mercom India Solar Forum 2021” on October 21st. The virtual event will address local realities and market prospects amidst the rapidly changing solar space.

Spread over six sessions, the event will bring together industry leaders and stakeholders to share their views on various factors affecting the Indian solar industry.

A session dedicated to the solar manufacturing sector, entitled “Moving Towards a Domestic Manufacturing Base With Sustainable Demand,” will explore the issues related to the domestic manufacturing sector and actions to create a self-sustaining manufacturing ecosystem in the country discuss. The meeting will start at 12:10 p.m. on 21 October.

Panelists will include Amitesh Kumar Sinha, Joint Secretary of the Ministry of New and Renewable Energy; Sujoy Ghosh, vice president and country managing director, First Solar; Ramesh Nair, CEO, Adani Solar; and Manjunath DV, Managing Director, EMMVEE.

Participation in the virtual event is free of charge. To register you can click here.

The panel will discuss the feasibility of the domestic manufacturing initiative, market opportunities and stakeholders’ plans to establish a domestic market and export opportunities.

In July of this year, First Solar announced it would invest US$684 million to build a new vertically integrated photovoltaic (PV) thin-film solar module manufacturing facility in India. Emmvee plans to build a 3GW solar cell and module facility in Bangalore. Adani, First Solar and Emmvee have submitted bids in the PLI program.

The companies will discuss their production plans, demand transparency and future goals.

Rakesh is a reporter at Mercom India. Before joining Mercom, he worked in many roles as Business Correspondent, Associate Editor, Senior Content Writer and Sub-Editor at bcfocus.com, CIOReview/Silicon India, Connect Communication and Bangalore Bias. Rakesh holds a bachelor’s degree in English from the Indira Gandhi National Open University (IGNOU). More articles by Rakesh Ranjan.


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