India crosses 100 GW solar module manufacturing capacity under ALMM
Author: PPD Team Date: August 14, 2025
Author: PPD Team Date: August 14, 2025
India has reached 100 GW of solar photovoltaic (PV) module manufacturing capacity registered under the Approved List of Models and Manufacturers (ALMM) for Solar PV Modules.
Union Minister for New and Renewable Energy Pralhad Joshi said the increase was enabled by policy measures such as the Production Linked Incentive (PLI) Scheme for high-efficiency solar modules. He noted that this capacity growth supports India’s goal of 500 GW of non-fossil fuel capacity by 2030.
The ALMM Order was issued by the Ministry of New and Renewable Energy (MNRE) on January 2, 2019. The first list, published on March 10, 2021, recorded 8.2 GW of enlisted capacity. In just over four years, the capacity has risen more than twelvefold, with the number of enlisted manufacturers growing from 21 to 100, operating a total of 123 manufacturing units.
The expansion includes established companies and new entrants, many adopting high-efficiency technologies and integrated operations. This growth has positioned India to meet domestic demand and participate in global markets. MNRE stated it will continue policy support, infrastructure development, and industry engagement to strengthen the manufacturing ecosystem.
Author: PPD Team Date: March 28, 2025 India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB) to expand EV financing, and Oil and Natural Gas Corporation Limited (ONGC) committed…
Author: PPD Team Date: October 15, 2024 Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The…
Author: PPD Team Date: June 13, 2025 The Competition Commission of India (CCI) has approved Havells India Limited’s proposal to acquire a minority equity stake in Goldi Solar Private Limited and full partnership interests in Vama Inverters LLP and Goldi Energy LLP. Havells will acquire less than 10 per cent of Goldi Solar’s issued and paid-up equity share capital. Concurrently, Goldi Sun Private Limited will acquire 100 per cent partnership stakes in both Vama Inverters…
Author: PPD Team Date: March 19, 2025 India has completed the concept design of the Bharat Small Modular Reactor (BSMR), moving it closer to deployment. Following approval, the reactor is expected to be constructed within 72 months. BSMRs are modified versions of India’s 200 MWe pressurised heavy water reactors (PHWRs). They will use slightly enriched uranium as fuel and are being developed by a joint venture between the Bhabha Atomic Research Centre (BARC) and the…
Author: PPD Team Date: November 8, 2024 The Nigerian government has committed over NGN 500 billion to reactivate more than 100 stalled projects of the Transmission Company of Nigeria (TCN) to enhance the nation’s power supply. Many of these projects are nearing completion, with some achieving over 80% progress. The Ministry of Power has requested a dedicated budget allocation for 2025 to support these initiatives, aiming to improve electricity distribution across the country. To bolster…
Author: PPD Team Date: September 26, 2025 NTPC Limited is preparing to acquire nuclear reactors in large numbers as part of India’s strategy to install 100 gigawatts (GW) of nuclear power capacity by 2047. The state-run utility expects to account for nearly one-third of this planned capacity. The company is considering high-capacity reactor units in the range of 700 MW to 1,730 MW. For NTPC, the shift toward nuclear generation forms part of its effort…