Recipe for expansion
After years of debate, the Indian government made domestic manufacturing a central feature of renewables policy in 2021. The pivot came as the government sought economic growth and self-sufficiency following a border conflict with China. Vinay Rustagi, managing director of Bridge to India, says that trade barriers, subsidies, lower taxes, and demand growth have created the perfect recipe for expansion.
Harnessing the elements for renewable energy
Regions across India are carving their green legacy with distinct contributions to the solar and wind energy landscape.
India’s green hydrogen will be the cheapest in the world: Power minister
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
European Solar Manufacturing Council urges EU to adopt law against forced labor in PV industry
The European Solar Manufacturing Council (ESMC) is urging the European Union to adopt legislation against forced labor in the PV industry, by explicitly calling for measures to prevent solar products produced with forced labor from entering the European market.
India’s solar module manufacturing capacity to hit 100 GW by 2026, says MNRE Secretary
Currently, India has 28 GW of solar PV module manufacturing capacity and 6 GW of cell capacity, said Bhupinder Singh Bhalla, secretary, Ministry of New & Renewable Energy (MNRE).
PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.
India’s solar module imports from China fell 76% YoY in H1 2023
India is seeing a large fall in solar panel imports from China as it prioritizes domestic solar manufacturing, finds a study by Ember.
The importance of solar mini-grids in universalizing energy access
As solar energy becomes the most cost-effective form of energy generation in many countries, with clear climate, energy, and economic benefits, its acceptance and political support are growing. To enhance resilience and sustainability, strategies that incorporate a diverse energy mix, combining centralized and distributed renewable generation, are most effective, especially in underserved nations.
Government considering viability gap funding, ALMM mandate for battery storage projects
The Indian government is considering financial incentives such as viability gap funding and green finance to encourage the adoption of energy storage systems in the country. It may also issue an Approved List of Models and Manufacturers (ALMM) mandate for battery storage systems for power sector applications.
Ghaziabad to be developed as Uttar Pradesh’s next solar city after Ayodhya
The city will meet 10% of its electricity requirements from solar power in four years.
