In Short : By reaching 100 GW of solar PV module production capacity under the Approved List of Models and Manufacturers (ALMM), India has achieved a major manufacturing milestone. This represents an impressive increase from just 2.3 GW in 2014, indicating a strong, independent solar ecosystem that is stepping up to support the country’s transition to clean energy.
Growth of Deep Manufacturing and Policy Foundation
Rapid scale-up has been made possible by the ALMM framework, which was introduced by the MNRE in 2019 and implemented in 2021. India now has 100 manufacturers running 123 module units, including both established firms and innovative newcomers, thanks to programs like the PLI scheme, support for high-efficiency solar PV, and fair procurement.
Industry momentum and strategic impact: This milestone has several ramifications.
Self-reliance: Lessens reliance on external modules. Market stability: Promotes increased funding for solar projects and research and development of modules. Investor confidence: Changes in the share price of the solar industry can reflect improved sentiments due to a more robust manufacturing base. Ecosystem alignment: Makes it easier to deploy distributed clean energy systems by combining solar panels with effective solar system designs to increase adoption.
Transition to Clean Energy and More General Objectives
Reaching 100 GW is in line with India’s larger climate plan, which calls for a non-fossil target of 500 GW by 2030. This increase in manufacturing makes it possible to implement microgrids and hybrid projects, which greatly aids in sustainable development and lessens dependency on non-renewable resources.
The Bottom Line
A significant turning point in India’s transition to a greener future is the achievement of 100 GW of domestically produced solar PV capacity. It informs investor confidence, a major force behind the renewable investment ecosystem, and opens the door for a more thorough integration of solar energy systems across the country.
