Latest news with #ApprovedListofModelsandManufacturers
Time of India
a day ago
- Business
- Time of India
Reliance, Avaada among new entrants in ALMM solar modules list
Mumbai: The Ministry of New and Renewable Energy has issued the latest revision to the Approved List of Models and Manufacturers (ALMM) for solar photovoltaic modules , with several key additions including Reliance Industries , and Avaada Electro . According to the latest update dated 5 June, 2025, Reliance Industries has made the entry with an enlisted capacity of 1,716 MW per annum manufactured at its Jamnagar facility. Avaada Electro's Nagpur unit has been enlisted with a capacity of 1,272 MW per annum. Other firms such as ReNew Photovoltaics have added advanced solar panels to the list and enlisted a capacity of 2,926 MW per annum manufactured at its Jaipur facility in Rajasthan. Agrawal Renewable Energy, Unique Sun Power, Oswal Solar, Navitas Green, and Insolation Green Energy have also had module additions or capacity changes approved, indicating broad-based expansion across the sector. The latest list features a wide range of bifacial glass-to-glass and glass-to-transparent-backsheet module types across manufacturers. This ALMM revision is effective immediately and is valid up to June 4, 2029, subject to valid BIS certification. The update also clarifies that enlisted capacity reflects only the current revision and should not be interpreted cumulatively with past lists. The move comes amid India's push for domestic manufacturing capacity under the Production Linked Incentive scheme and its ALMM compliance mandate for government projects.
Hindustan Times
5 days ago
- Business
- Hindustan Times
Behind India's remarkable showing on renewables
Today, India stands as one of the world's foremost clean energy leaders, ranked third in solar energy, fourth in wind power, and fourth in total renewable energy capacity. With over 232 GW of renewable capacity installed and another 176 GW under construction, we are not just meeting our energy needs but actively shaping the global discourse on energy transition. This progress is the outcome of bold reforms, timely decisions, and a clear long-term vision pursued consistently under the leadership of Prime Minister (PM) Narendra Modi over the past 11 years. He had a clear vision to build a robust renewable energy ecosystem, and even as the Gujarat chief minister, he had pioneered large-scale solar projects long before clean energy became a global priority. In the past year alone, India has added a record 29 GW of renewable energy to the national grid. Solar capacity has grown from just 2.63 GW in 2014 to over 108 GW in 2025, a staggering 41-fold increase. Wind capacity has also surpassed 51 GW. These projects, spread across the length and breadth of the country, are now being stitched together through a unified transmission system, realising the vision of One Nation One Grid. But to appreciate the scale of this transformation, we must remember where we began. In 2014, India's power sector was in deep crisis. Electricity shortages were chronic. The double grid failure in 2012, first impacting the Northern Region with 36,000 MW of load loss and subsequently causing the collapse of the Northern, Eastern, and North-Eastern grids affecting 48,000 MW is still fresh in our memory. Transmission infrastructure was overburdened, and investor confidence was low. Renewable energy was considered expensive and unreliable. The global community did not view India as a serious clean energy player. And within the country, public expectations were modest at best. That scenario has changed decisively. From lagging behind, we now lead by example. Here, I highlight 11 transformative reforms in the RE sector over the last 11 years. First, the shift from feed-in tariffs to a transparent, market-driven bidding process marked a watershed moment. Competitive bidding and tariff rationalisation led to solar tariffs plummeting from ₹10.95 per unit in 2010 to an astonishing ₹1.99 per unit by 2021. This reform anchored investor confidence and established price parity with fossil fuels. Third, the Production Linked Incentive (PLI) scheme for solar manufacturing with ₹24,000 crore in incentives has ignited a domestic manufacturing boom, from 2.3 GW in 2014 to 88 GW in module and from 0 to 25 GW in cell capacity by 2025. This strengthens supply chains and boosts energy security. Fourth, the Approved List of Models and Manufacturers (ALMM), Approved List of Components and Manufacturers (ALCM) as well as Domestic Content Requirements (DCR) have created a level playing field for Indian manufacturers, paving the way for a resilient and competitive solar ecosystem. Fifth, the PM Surya Ghar: Muft Bijli Yojana, targeting rooftop solar installation in one crore households to create 30 GW of decentralised capacity, is transforming access to clean energy, with 13.75 lakh houses already on-boarded. Similarly, the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) is solarising agriculture by enabling farmers to deploy decentralised solar systems. Over 11 lakh pumps have been solarised, transforming India's most energy-intensive sector into a climate ally. Seventh, from modest inflows in 2014, India attracted $19.98 billion of foreign direct investment (FDI) in the RE sector between April 2020 and September 2024. Another key catalyst in this journey is the National Green Hydrogen Mission, backed by an investment of nearly ₹20,000 crore. Eighth, India's investment in Green Energy Corridors and the 2030 transmission roadmap ensures that renewable energy projects can connect to the grid efficiently and reliably. This reduces curtailment risks and enhances grid stability. Ninth, offshore wind initiatives, with 37 GW of tenders planned by 2030, are being backed by viability gap funding and robust site surveys. Pilot projects in Gujarat and Tamil Nadu are already laying the foundation for India's next renewable frontier. Eleventh, through solar programmes for Particularly Vulnerable Tribal Groups and under the PM JANMAN mission and the CPSU Scheme Phase-II, thousands of homes in remote and tribal areas have been electrified, pushing inclusive growth. The International Solar Alliance, launched by PM Modi, has brought together over 100 countries. The vision of One Sun, One World, One Grid is showing the world how solar power can unite nations. It is also the first international and intergovernmental organisation to have headquarters in India. The world is watching India. And the world is learning from India. At the RE-Invest 2024, investors from across the world committed ₹32.45 lakh crore by 2030 to India's clean energy future. The Union government has set a target of 500 GW of non-fossil fuel power capacity by 2030. As of now, we are already at 228 GW. Another 176 GW is under construction. And 72 GW is in the bidding stage. We are steadily working toward our long-term goal of achieving 1,800 GW of non-fossil capacity by 2047. We are not just on track, we are ahead of the curve. Pralhad Joshi is Union minister of consumer affairs, food, and public distribution as well as minister of new and renewable energy. The views expressed are personal. Get 360° coverage—from daily headlines to 100 year archives.
Time of India
26-05-2025
- Business
- Time of India
Andhra Pradesh leads solar manufacturing push, Jupiter plans ₹2,700 cr facility
Jupiter Renewables will invest ₹2,700 crore to set up a solar cell manufacturing plant in Andhra Pradesh, becoming the third company to establish operations in the state, which is rapidly positioning itself as a leader in solar module and cell production. Jupiter Renewables, a subsidiary of Kolkata-based Jupiter International, plans to set up a 4.8 gigawatt (GW) solar photovoltaic (PV) cell and 1.5 GW module manufacturing facility at Rambilli in Anakapalli district, with an investment of ₹2,700 crore, according to state government's Industries & Commerce Department order approving the investment. The project will be set up in two phases (Phase-1 ₹1,504 crore and Phase-2 ₹1,196 crore), which has an employment generation potential of 2,216 persons, the order said. Phase-1 comprising 2.4 GW solar PV cell and 1.5 GW solar PV module manufacturing is to be commissioned by March 2026 and Phase-2 of 2.4 GW solar cell facility will come up by July 2026, it said. Jupiter is the third company to set up a solar manufacturing base in the state, which is now challenging established leaders like Gujarat, Rajasthan, and Tamil Nadu in the arena. Since the N. Chandrababu Naidu government came to power last year, the state has witnessed a surge in investments in the renewable energy sector. Previously, Indosol had won a nod for a ₹69,000 crore investment into a vertically integrated solar PV manufacturing unit. Premier Energies is also investing in the state in two phases - first phase of 5 GW ingot and solar wafer manufacturing with an investment of ₹1,742 crores, and the second phase is 8 GW solar cell manufacturing with ₹4,200 crore investment. Industry sources said discussions are in progress with other leading solar manufacturers as well. This move aligns with the state's ambitious plans to become a renewable energy hub, aiming to attract investments worth ₹10 lakh crore and create approximately 7.5 lakh jobs in the clean energy sector. India is introducing non-tariff barriers (NTBs) to strengthen domestic solar manufacturing, particularly targeting imports from China. Key measures include mandating the use of locally made solar cells in government projects starting June 2026 and enforcing the Approved List of Models and Manufacturers (ALMM). These steps aim to expand local capacity, reduce geopolitical dependence, and enhance export potential. Andhra Pradesh is taking advantage of this upcoming import barrier and ramping up incentives for solar cell manufacturers. The order approving Jupiter's investment said the state government has extended a certain special package of incentives to the company. These include in-principal approval for allotment of 142 acres of land (Phase-1: 87 acres and Phase-2: 55 acres), at a concessional rate of ₹50 lakh per acre. Also approved were grants of tailor-made incentives to be disbursed over 10 years. These include 50 per cent capital subsidy on building cost, plant and machinery cost, limited to ₹1,096.98 crore, decarbonization subsidy @50 per cent with a cap of ₹118.18 crore, reimbursement of 100 per cent of stamp duty on purchase of land and land conversion charges, and reimbursement of power tariff at ₹1 per unit for 10 years from Date of Commercial Production, limited to ₹341 crore, the order added.
Time of India
26-05-2025
- Business
- Time of India
Andhra Pradesh leads solar manufacturing push, Jupiter plans Rs 2,700 cr facility
Jupiter Renewables will invest Rs 2,700 crore to set up a solar cell manufacturing plant in Andhra Pradesh, becoming the third company to establish operations in the state, which is rapidly positioning itself as a leader in solar module and cell production. Jupiter Renewables, a subsidiary of Kolkata-based Jupiter International, plans to set up a 4.8 gigawatt (GW) solar photovoltaic (PV) cell and 1.5 GW module manufacturing facility at Rambilli in Anakapalli district, with an investment of Rs 2,700 crore, according to state government's Industries & Commerce Department order approving the investment. The project will be set up in two phases (Phase-1 Rs 1,504 crore and Phase-2 Rs 1,196 crore), which has an employment generation potential of 2,216 persons, the order said. Phase-1 comprising 2.4 GW solar PV cell and 1.5 GW solar PV module manufacturing is to be commissioned by March 2026 and Phase-2 of 2.4 GW solar cell facility will come up by July 2026, it said. Ads By Google Ad will close in 30 Skip ad in 5 Skip Ad by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Incredible: The world's toughest smartwatch designed for the military Indestructible Smartwatch Undo Jupiter is the third company to set up a solar manufacturing base in the state, which is now challenging established leaders like Gujarat, Rajasthan, and Tamil Nadu in the arena. Since the N. Chandrababu Naidu government came to power last year, the state has witnessed a surge in investments in the renewable energy sector. Live Events Previously, Indosol had won a nod for a Rs 69,000 crore investment into a vertically integrated solar PV manufacturing unit. Premier Energies is also investing in the state in two phases - first phase of 5 GW ingot and solar wafer manufacturing with an investment of Rs 1,742 crores, and the second phase is 8 GW solar cell manufacturing with Rs 4,200 crore investment. Industry sources said discussions are in progress with other leading solar manufacturers as well. This move aligns with the state's ambitious plans to become a renewable energy hub, aiming to attract investments worth Rs 10 lakh crore and create approximately 7.5 lakh jobs in the clean energy sector. India is introducing non-tariff barriers (NTBs) to strengthen domestic solar manufacturing, particularly targeting imports from China. Key measures include mandating the use of locally made solar cells in government projects starting June 2026 and enforcing the Approved List of Models and Manufacturers (ALMM). These steps aim to expand local capacity, reduce geopolitical dependence, and enhance export potential. Andhra Pradesh is taking advantage of this upcoming import barrier and ramping up incentives for solar cell manufacturers. The order approving Jupiter's investment said the state government has extended a certain special package of incentives to the company. These include in-principal approval for allotment of 142 acres of land (Phase-1: 87 acres and Phase-2: 55 acres), at a concessional rate of Rs 50 lakh per acre. Also approved were grants of tailor-made incentives to be disbursed over 10 years. These include 50 per cent capital subsidy on building cost, plant and machinery cost, limited to Rs 1,096.98 crore, decarbonization subsidy @50 per cent with a cap of Rs 118.18 crore, reimbursement of 100 per cent of stamp duty on purchase of land and land conversion charges, and reimbursement of power tariff at Rs 1 per unit for 10 years from Date of Commercial Production, limited to Rs 341 crore, the order added.
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Business Standard
23-04-2025
- Business
- Business Standard
Vikram Solar bags 150 MW solar module supply deal from Maharashtra Power Co
Vikram Solar on Wednesday said it has secured a 150 MW solar module supply order from Maharashtra State Power Generation Co Ltd. The leading solar PV module manufacturer in a statement said it has bagged an order for a major renewable power project of 150 MW from Maharashtra State Power Generation Co Ltd (MAHAGENCO), a government of Maharashtra undertaking. The company will provide 150 MW of advanced N-Type Modules. The modules will be supplied in the districts of Jalgaon and Solapur in the state of Maharashtra to MAHAGENCO under Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) project 2.0. The order reinforces the Kolkata-headquartered company's standing as one of the premier names in India's Approved List of Models and Manufacturers (ALMM) list, the statement said. "We are proud to have secured this order, which marks another step forward in our mission to power a greener India through high-efficiency solar solutions. The trust placed in Vikram Solar is a reflection of our commitment to quality, innovation, and sustainability," said Gyanesh Chaudhary, Chairman & Managing Director, Vikram Solar. Chaudhary further noted that "as we continue to expand our presence in key markets, such as Maharashtra, our focus remains on delivering value and excellence to our partners and communities. We view Maharashtra as a high-potential market with a rapidly growing appetite for renewable energy, and we remain optimistic about the region's accelerating demand trajectory." The implementation of this project is anticipated to boost the region's renewable energy capacity, support the reduction of carbon emissions, and advance environmental sustainability, the company added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
