ALMM

Gautam Solar estimated its investment in the 2GW TOPCon solar cell manufacturing plant to be nearly US$120 million.

India has called for comments on its proposed addition of cells to its Approved List of Models and Manufacturers (ALMM).

Despite India’s ambitious solar targets, challenges remain on policy, financing and grid infrastructure. Simon Yuen talks to experts in the solar industry to examine the challenges and opportunities in the Indian market.

India’s cumulative installed solar capacity stood at 87.2GW by the end of June 2024 and accounts for 19.5% of all power capacity installed.

Vikram Solar has launched its latest product, the Suryava module, which is the company’s first product to use heterojunction (HJT) cells.

India has published its latest budget, which includes a plan to install new rooftop solar systems on ten million homes across the country.

Indosolar, a solar manufacturer and subsidiary of Indian company Waaree Energies, has started operations at a 1.3GW module assembly plant in India.

China’s surge is not just a ripple but a tidal wave, with over US$450 billion in surplus factory investment threatening to flood the market over the next three years.

Indian solar installations increased by over 400% in the first quarter of 2024 to the highest quarterly deployment levels in its history.

India's MNRE has announced the re-imposition of the Approved List of Models and Manufacturers (ALMM), effective from 1 April.