The government is pushing to establish a domestic solar manufacturing base for high-efficiency solar modules and reduce the renewable energy sector’s import dependence. Some of the initiatives devised to support manufacturing in India include a Basic Customs Duty (BCD) and a domestic content requirement (DCR) mandate for modules that would apply to central public sector projects. The approved list of module manufacturers (ALMM), which has only Indian manufacturers listed, is effectively keeping imports at bay currently.

Even with all these measures, there is still a sense of uncertainty about the ability of domestic module manufacturing to meet the ever-growing demand for solar modules.

Domestic module manufacturers currently have around 19 GW of manufacturing capacity. To achieve the ambitious goal of 280 GW of installed solar capacity by 2030, India needs to install about 27 GW of solar annually until 2030, which needs a more robust domestic manufacturing sector to support the growth.

Mercom is hosting ‘Mercom India Solar Summit 2022,’ an exclusive event on July 28-29 in New Delhi where key stakeholders across the solar sector will participate.

The summit will address critical issues, opportunities, and emerging trends in the industry, including the government’s push for local manufacturing, its aggressive solar installation goal of 280 GW by 2030, supply chains, technology, financing, and other critical issues.

In one of the sessions titled ‘Solar Manufacturing – Meeting Demand and Price Expectations,’ scheduled for July 28, 2022, panelists will discuss what domestic manufacturers are doing to meet demand and the strategies that developers are using to procure locally made modules – balancing timely delivery with optimum price and quality.

The panel will have Avinash Hiranandani, Global CEO & MD, RenewSys; Ivan Saha, CEO, Vikram Solar; and Anurag Garg, COO of Solar Business, Jakson. Priya Sanjay, Managing Director, Mercom India, will moderate the session.

The event will provide important takeaways for installers, developers, utilities, technology providers, policymakers, and key domestic and international stakeholders.

You can register for the event here.