PLI

India’s expanded production-linked incentive (PLI) scheme for solar manufacturing could be altered to encourage more domestic PV players to participate.

India is set to double its solar module manufacturing capacity in the next two years, with the sector boosted by government support schemes and new entrants exploring the market, according to JMK Research & Analytics.

India’s expanded Production Linked Incentive (PLI) scheme has changed its rules and future rounds will now be open to previous winners, although total capacities will be capped at 10GW. The local content requirement for manufacturer of 90% remains.

India must scale up investment in the large-scale domestic manufacture of upstream PV products to avoid the risk of logistics and commodity price fluctuations posed by its current high levels of solar imports, new research has suggested.

India’s Production Linked Incentive (PLI) scheme is expected to add up to 40GW of additional cell and module manufacturing capacity in the country as it operates in tandem with the country’s upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service company.

The National Solar Energy Federation of India (NSEFI), which represents companies from across the PV value chain, has written to the Indian central government raising concerns about the upcoming imposition of a Basic Customs Duty (BCD) of 25% on solar PV cells and 40% on solar PV modules.

Indian utility Tata Power will aim to take advantage of policy support from India’s government as it sets up new cell and module manufacturing capacity in the country.

The Indian government’s budget announcement on Monday (1 February) is set to be a “game-changer” for domestic manufacturing following the imposition of a Basic Customs Duty (BCD) of 25% on solar PV cells and of 40% on solar PV modules from April this year.

India's government is to provide a further Rs19,500 crore (US$2.6 billion) of funding for its PV manufacturing Production Linked Incentive (PLI) scheme, with the country intent on spurring further development of a domestic solar manufacturing base.

Adani Green Energy has signed a power purchase agreement (PPA) with state-owned Solar Energy Corporation of India (SECI) to supply 4,667MW of renewable power in what the company has called the “largest ever green PPA”