SECI Floats Tender to Select Module Manufacturers Under ₹195 billion PLI Program

SECI Floats Tender to Select Module Manufacturers Under ₹195 Billion PLI Program

Solar Energy Corporation of India (SECI) has invited bids for the selection of solar module manufacturers to produce higher efficiency modules in the country under tranche II of the production-linked ...
/ / Solar, Tenders & Auctions
Smaller Solar Module Manufacturers Find it Challenging to Raise Capital

Smaller Solar Module Manufacturers Find it Challenging to Raise Capital

Module manufacturers are scrambling to add capacity and upgrade technology after the government effectively barred imports. While large and established companies say capital is available in the market for expansion, ...
Guidelines Issued for Tranche II of PLI Program for Solar Cells and Modules

Guidelines Issued for Tranche II of PLI Program for Solar Cells and Modules

The Ministry of New & Renewable Energy (MNRE) has approved ₹195 billion (~$2.61 billion) to achieve gigawatt-scale manufacturing of high-efficiency solar photovoltaic modules under the second phase (Tranche II) of ...
/ / Markets & Policy, Solar
Tranche II of Production-Linked Incentive Program for Solar Modules Gets Cabinet Nod

Tranche II of Production-Linked Incentive Program for Solar Modules Gets Cabinet Nod

The Union Cabinet has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for the implementation of the second phase (Tranche II) of the Production Linked Incentive (PLI) program ...
Domestic Battery Manufacturing Crucial to Achieving India's Non-Fossil Fuel Goals

Domestic Battery Manufacturing Crucial to Achieving India’s Non-Fossil Fuel Goals

Developing a localized advanced cell supply-chain ecosystem will help India create a competitive advantage in mobility, grid energy storage, and consumer electronics, according to a report. NITI Aayog and Rocky ...
/ / Energy Storage, Market & Policy
Reliance, Ola and Rajesh Exports Sign Agreement for Battery Storage Under PLI Program

Reliance, Ola and Rajesh Exports Sign Agreement for Battery Storage Under PLI Program

Reliance New Energy, Ola Electric Mobility, and Rajesh Exports have signed the program agreement under the Production Linked Incentive (PLI) Program for Advanced Chemistry Cell (ACC) Battery Storage. Mercom had ...
Domestic Manufacturing Segment Ready to Meet Country's Growing Solar Needs

Domestic Manufacturing Segment Ready to Meet Country’s Growing Solar Needs

The Indian government is doing its best to boost domestic manufacturing under the 'Aatmanirbhar Bharat' initiative. In April last year, the Union Cabinet approved the production-linked incentive (PLI) program to push gigawatt-scale ...
/ / Manufacturing, Solar
Production-Linked Incentive Program for Solar Module Manufacturing Revamped

Production-Linked Incentive Program for Solar Module Manufacturing Revamped

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines to implement the second phase (Tranche II) of the Production-Linked Incentive (PLI) program under the 'National Program on ...
Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance, Ola, Hyundai, Rajesh Exports Win Bid to Set Up 50 GWh of ACC for Energy Storage

Reliance New Energy Solar, Ola Electric Mobility, Hyundai Global Motors, and Rajesh Exports have been approved by the Ministry of Heavy Industries (MHI) for receiving incentives under the production-linked incentive ...
Daily News Wrap-Up: PLI for the Auto Sector to Accelerate Investments for EVs

Daily News Wrap-Up: PLI for the Auto Sector to Accelerate Investments for EVs

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Heavy Industries has notified that the Production Linked Incentive (PLI) Program for the automobile ...
/ / Other, Renewable Energy
Solar Module Manufacturing PLI Auction Winners List Updated - Jindal Out, Adani In

Solar Module Manufacturing PLI Auction Winners List Updated – Jindal Out, Adani In

The Indian Renewable Energy Development Agency (IREDA) has announced an updated list of successful bidders for setting up manufacturing capacities for a minimum of 10 GW of vertically-integrated high-efficiency solar ...
/ / Solar, Tenders & Auctions
Renewable Energy Industry Mostly Upbeat with Budget 2022 Industry Reactions

Renewable Energy Industry Mostly Upbeat with Budget 2022: Industry Reactions

The Union Budget for the financial year (FY) 2022-23 presented by Finance Minister Nirmala Sithararman has been well received by the renewable industry. Some of the important points proposed in ...
Budget 2022: Focus on Solar Module Manufacturing, ₹195 Billion Set Aside For PLI Program

Budget 2022: Focus on Solar Module Manufacturing, ₹195 Billion Set Aside for PLI Program

Union Finance Minister Nirmala Sitharaman presented the 2022-23 budget in the parliament against the backdrop of an economic revival. Stressing the success of the production-linked incentive (PLI) program, the finance ...
/ / Markets & Policy, Solar
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