MNRE includes solar PV cells in ALMM framework
Author: PPD Team Date: December 11, 2024
Author: PPD Team Date: December 11, 2024
The Ministry of New and Renewable Energy (MNRE) has announced the inclusion of solar PV cells in a newly introduced List-II under the Approved List of Models and Manufacturers (ALMM), set to take effect from June 1, 2026.
This amendment expands the ALMM framework, which previously only covered solar modules.
With the addition of solar cells to ALMM, projects that require the use of ALMM-enlisted solar modules from List-I will now also need to ensure these modules are manufactured using solar cells listed under List-II starting June 1, 2026.
However, exceptions apply to projects with bid submission deadlines before this order, which will remain exempt from the List-II requirement.
Further details on procedural guidelines for enlisting solar cell models and manufacturers under List-II are expected from the MNRE in the coming months.
Author: PPD Team Date: February 12, 2026 EVE Energy Co. has commenced operations at a 400 MWh energy storage facility in Hebei province, China, deploying its 628Ah ultra-large battery cells at grid scale for the first time. The project marks the transition of the technology from pilot testing to commercial application. The facility forms part of the Ruite New Energy Lingshou 200MW/400MWh independent energy storage project. It comprises 80 units of the company’s Mr. Giant…
Author: PPD Team Date: October 30, 2025 India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5% to Rs 612.3 crore, and EBITDA rose 26% to Rs 529.6 crore. Margins improved to 86.5% from 83.4%. Adani Green Energy reported a 25% rise in net profit…
Author: PPD Team Date: January 16, 2025 KPI Green Energy, which secured a 200 MW CTU-connected solar project from Gujarat Urja Vikas Nigam (GUVNL) in August 2023, aims for early completion. The power purchase agreement (PPA) was signed on March 1, 2024, with a scheduled commercial operation date (SCOD) between May 31, 2025, and November 30, 2025. Upon completion of the Khavda project, KPI’s operational IPP portfolio will grow from 171 MWp to 411 MWp,…
Author: PPD Team Date: October 28, 2025 Crompton Greaves Consumer Electricals has received a letter of award worth about Rs 4.45 billion from the New and Renewable Energy Development Corporation of Andhra Pradesh for 77.40 MWp of rooftop solar EPC projects under the PM Surya Ghar Muft Bijli Yojna. The contract covers the design, supply, installation, testing, and commissioning of 2 kW grid-connected rooftop solar systems for 38,699 scheduled caste and scheduled tribe households. These…
Author: PPD Team Date: December 3, 2024 Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its 500 MW/1,000 MWh standalone battery energy storage systems (BESS) auction under Phase IV. H.G Infra Engineering secured 250 MW at Rs 225,985/MW/month, while Advait Infratech won 50 MW at Rs 226,000/MW/month. Kintech Synergy and Bhilwara Energy were awarded 100 MW each, quoting tariffs of Rs 225,985/MW/month and Rs 225,993/MW/month, respectively. The tender, initially floated in October…
Author: PPD Team Date: August 27, 2025 Prime Minister Narendra Modi inaugurated Maruti Suzuki’s e-Vitara, the company’s first battery electric vehicle manufactured in India, at Hansalpur, Gujarat. The model will be exported to 100 countries, positioning India as Suzuki’s global hub for electric mobility exports. At the same event, the Prime Minister announced the start of hybrid battery electrode manufacturing in the country. Under the TDSG initiative, Toshiba, Denso, and Suzuki will jointly produce battery…