MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM
The cumulative module manufacturing capacity under ALMM now stands at ~48 GW
May 27, 2024
The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 3,508 MW of new solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 47,971 MW.
Rayzon Solar accounted for 692 MW of the newly added capacity, while RenewSys India contributed 576 MW.
The other additions include Pixon Green Energy (545 MW), Kosol Energie (494 MW), Luminous Power Technologies (300 MW), Cosmic PV Power (185 MW), Tata Power Solar (172 MW), Oswal Solar Structure (170 MW), ADM Solar Power & Infrastructure (141 MW), Premier Energies (125 MW), Ganesh Electricals (62 MW), and HQ Lamps Manufacturing Company (46 MW).
Oswal Solar Structure, HQ Lamps Manufacturing Company, ADM Solar Power & Infrastructure, and Luminous Power Technologies were the new entrants to the ALMM.
A total of 322 MW capacity was removed from ALMM.
Waaree Energies, Adani Solar, ReNew FS India Solar Ventures, Tata Power Solar, Goldi Solar, Premier Energies, Vikram Solar, Rayzon Solar, Emmvee Photovoltaic Power, Grew Energy, and RenewSys India have each enlisted a capacity exceeding 1 GW.
They contribute 37,682 MW or 78.5% of the total cumulative module manufacturing capacity under ALMM.
The highest capacity module listed in the ALMM continues to be at 655 Wp.
In March, the ministry implemented the ALMM regulation starting April 1, 2024. For projects where the solar modules have been received at the project site by March 31, 2024, and cannot be commissioned by that day due to reasons beyond the control of the project developer, the ministry will examine it separately.
According to Mercom India Research’s recently released State of Solar PV Manufacturing in India 2024 Report, the country’s cumulative solar module manufacturing capacity and solar cell manufacturing capacity reached 64.5 GW and 5.8 GW, respectively, as of December 2023.
The report forecasts that module manufacturing capacity will exceed 150 GW and cell capacity will reach over 75 GW by 2026.