Tariffs, Tax Breaks, & Incentives Solar Sector Has Big Expectations from 2022 Budget

Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022

India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at ...
Electric Vehicle Sector Lays Out Expectations for Budget 2022

Electric Vehicle Sector Lays Out Expectations for Budget 2022

The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
/ / Electric Vehicles, Grid
Tender to Set Up 50 GWh of ACC for Energy Storage Receives Massive Response

Tender to Set Up 50 GWh of ACC for Energy Storage Receives Massive Response

The Ministry of Heavy Industries’ (MHI) tender to select manufacturers for setting up production capacities for at least 50 GWh of advanced chemistry cell (ACC) for energy storage under the production-linked incentive ...
Top Developments That Shaped the Electric Vehicle Industry in 2021

Top Developments That Shaped the Electric Vehicle Industry in 2021

India’s electric vehicle (EV) policies announced by the Union government and state governments saw established EV players accelerate manufacturing even as several startups entered the market in 2021. As of ...
/ / Electric Vehicles, Grid
A Bounce Back year: Key Events that Shaped the Solar Sector in 2021

A Bounce Back Year: Key Events that Shaped the Solar Sector in 2021

While solar installation activity picked up the pace in 2021, the growth could have been stronger if not for the challenges the industry faced during the year. India added 2,835 ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: India Announces ₹760 Billion for Semiconductor PLI Program

Daily News Wrap-Up: India Announces ₹760 Billion for Semiconductor PLI Program

Here are some noteworthy cleantech announcements of the day from around the world: The Indian government has announced a production-linked incentive (PLI) program worth ₹760 billion (~$10 billion) to establish ...
/ / Other, Renewable Energy
Over 165,000 EVs Deployed With ₹5.64 Billion Incentives Under FAME-II Program

Over 165,000 EVs Deployed with ₹5.64 Billion Incentives Under FAME-II Program

As of November 25, 2021, over 165,000 electric vehicles (EVs) have been supported through demand incentives of ₹5.64 billion (~$75.36 million) under the second phase of the Faster Adoption and ...
Fund Allocation for Solar PLI Program to be Increased to ₹240 Billion – RK Singh

Fund Allocation for Solar PLI Program to be Increased to ₹240 Billion – RK Singh

The government will soon increase the funding allocation for the production linked incentive (PLI) program for manufacturing domestic solar cells and modules to ₹240 billion (~$3.22 billion) from the existing ...
/ / Markets & Policy, Solar
Jindal, Shirdi Sai, and Reliance Win IREDA’s Solar Module Manufacturing PLI Auction

Jindal, Shirdi Sai, and Reliance Win IREDA’s Solar Module Manufacturing PLI Auction

The Indian Renewable Energy Development Agency (IREDA) has announced the list of successful bidders for setting up manufacturing capacities for a minimum of 10 GW of vertically-integrated high-efficiency solar modules ...
/ / Solar, Tenders & Auctions
LONGi, Jinko and Adani – Top Solar Module Suppliers Capture 50% of the Market in 1H 2021

LONGi, Jinko and Adani – Top Solar Module Suppliers Capture 50% of the Market in 1H 2021

 LONGi Solar, Jinko Solar, and Adani Solar were the leading module suppliers to the Indian solar market in the first half (1H) of the calendar year (CY) 2021. The market ...
/ / Markets & Policy, Solar
Jakson to Scale Up its Module Manufacturing Facility to 1 GW by 2022 Interview

Jakson to Scale Up its Module Manufacturing Facility to 1 GW by 2022: Interview

The Indian solar market is steadily recovering after facing several challenges due to the Covid-19 pandemic and subsequent lockdowns in the past two years. According to Mercom's Q2 2021 India Solar ...
/ / Grid, Market & Policy
PIXON is in the Process of Expanding its Solar EVA Film Production Line Interview

PIXON is in the Process of Expanding its Solar Module Production Line: Interview

The growing needs of the Indian solar industry and supply chain disruptions that started with the Covid-19 pandemic have magnified the need for a robust manufacturing ecosystem. Despite the government’s ...
/ / Markets & Policy, Solar
Qualified List of Bidders Announced for IREDA’s Solar Module Manufacturing Auction

Qualified List of Bidders Announced for IREDA’s Solar Module Manufacturing PLI Auction

The Indian Renewable Energy Development Agency (IREDA) has opened the bids for setting up manufacturing capacities for a minimum of 10 GW of vertically-integrated high-efficiency solar modules under the production-linked ...
/ / Solar, Tenders & Auctions
Bids Invited for Manufacturing of Advanced Chemistry Cells for Energy Storage

Bids Invited for Manufacturing of Advanced Chemistry Cells for Energy Storage

Through its Ministry of Heavy Industries, the Government of India has invited bids to select manufacturers for setting up production capacities for at least 5 GWh and totaling up to ...
A Self-Sustained Solar Manufacturing Ecosystem Could be in Place in India in 2 to 3 years

A Self-Sustained Solar Manufacturing Ecosystem Could be in Place in India in 2 to 3 years

The growing needs of the Indian solar industry and COVID-19 related supply chain disruptions have increased the need for developing a self-sustaining manufacturing ecosystem. The government has come up with ...
/ / Markets & Policy, Solar
India's Solar Supply Chain and Sourcing Strategies

India’s Solar Supply Chain and Sourcing Strategies

India witnessed high growth in new solar capacity additions as the country recovered from the impacts of the Covid-19. With increasing solar installations, solar developers' demand for solar modules and ...
/ / Markets & Policy, Solar
Feasibility of Domestic Solar Manufacturing Initiative and Demand Visibility

Feasibility of Domestic Solar Manufacturing Initiative and Demand Visibility

The government is pushing for solar manufacturing in India with restrictive and enabling policies. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program for the 'National Program ...
/ / Manufacturing, Solar
BHEL Invites EoI from Partners to Set Up Battery Storage Gigafactory Under PLI Program

BHEL Invites EoI from Partners to Set Up Battery Storage Gigafactory Under PLI Program

Bharat Heavy Electricals (BHEL) has invited bids to select partners to set up a gigawatt-scale advanced chemistry cell battery storage facility through a special purpose vehicle (SPV) under the Government ...
Production Linked Incentive Program for EV and Auto Component Manufacturing Approved

Production Linked Incentive Program for EV and Auto Component Manufacturing Approved

The Union Government has notified the Production Linked Incentive (PLI) program for automobile and auto components after approving it recently. The PLI program aims to encourage the industry to make ...
IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

IREDA’s 10 GW Solar Module Manufacturing Tender Receives Strong Response

The Indian Renewable Energy Development Agency (IREDA)’s tender for setting up manufacturing capacities for vertically-integrated high-efficiency solar modules under the production-linked incentive (PLI) program received a strong response from the ...
/ / Manufacturing, Solar
Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions

Can Solar Developers Rely on Local Manufacturers for Module Supply Without Disruptions?

The government's focus lately has shifted strongly towards establishing a domestic solar manufacturing base. The government has levied safeguard duty, Basic Customs Duty (BCD), introduced the approved list of module ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up ADB and IIFL Home Finance To Promote Green Housing in India

Daily News Wrap-Up: ADB and IIFL Home Finance to Promote Green Housing in India

Here are some noteworthy cleantech announcements of the day from around the world: Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL) inked an agreement for a $1 million ...
/ / Other, Renewable Energy
IREDA Amends Tender for Solar Module Manufacturing Under PLI Program

IREDA Amends Tender for Solar Module Manufacturing Under PLI Program

The Indian Renewable Energy Development Agency Limited (IREDA) has amended certain conditions in the request for selection (RfS) issued for a tender floated under the production-linked incentive (PLI) program. In ...
/ / Modules, Solar
Vikram Solar to Manufacture Mono and Bifacial Modules at its New 1.3 GW Facility

Vikram Solar to Manufacture Mono and Bifacial Modules at its New 1.3 GW Facility: Interview

Domestic manufacturers of solar modules are slowly ramping up capacities. India has a large-scale solar project pipeline of 53.6 GW, with another 24.1 GW tendered and pending auctions as of ...
/ / Markets & Policy, Solar
Department of Heavy Industries Issues Details on PLI Program for Battery Storage

Department of Heavy Industries Issues Details on PLI Program for Battery Storage

The Department of Heavy Industry (DHI), Government of India, has issued a notification for the performance-linked incentive (PLI) program 'National program on Advanced Chemical Cell (ACC) battery storage' to implement ...