India added 25.3 GW of solar module and 11.6 GW of cell manufacturing capacity in calendar year (CY) 2024, according to Mercom’s recently released State of Solar PV Manufacturing in India 2025 report. The capacity addition was primarily driven by demand from the solar projects in pipeline and reimposition of the Approved List of Models and Manufacturers [ALMM] order from April 2024. [The ALMM mandate limits government-backed projects to modules and manufacturers on the ALMM list to protect the domestic industry from the dumping of Chinese products and ensure quality.]
The Mercom report states that about 80% of India’s installed module manufacturing capacity as of Dec. 2024 was equipped to manufacture solar modules in M10 and G12 wafer sizes. Around 64.6 GW of the total module production capacity was listed on the ALMM, as per the updated List–I issued by the MNRE as of Jan. 6, 2025.
Monocrystalline modules, with or without passivated emitter and rear cell (PERC) technology, accounted for almost 59% of the country’s module production capacity, followed by tunnel oxide passivated contact (TOPCon) modules (28%), polycrystalline modules, and thin-film modules.
Based on the current pipeline, TOPCon modules are anticipated to account for over 58% of the annual module production capacity and over 64% of the cell production capacity by 2027.
“While India’s solar capacity additions have been impressive, the availability of domestically made modules and cells still lags. Average selling prices remain high, sourcing is a challenge, and now the new U.S. tariffs have added more uncertainty. For India to achieve its 280 GW solar target by 2030, it must address these bottlenecks and align its manufacturing capacity expansion policies with its development goals. For manufacturers, relying on exports as a growth strategy is looking increasingly risky right now,” said Raj Prabhu, CEO of Mercom Capital Group.
In 2024, India imported solar modules and cells totaling 65.9 GW. Modules accounted for over 36% of the imports, while cells made up nearly 64%. Solar module exports from India stood at 4.5 GW, 6% down from 4.8 GW exported in 2023.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Блистательная чистота вашего дома или офиса — это проще, чем вы думаете! Наша клининговая компания предлагает квалифицированные услуги уборки в Санкт-Петербурге. Мы внимательны о каждом уголке, высвобождая вас от рутины и даря возможность наслаждаться свободным временем. Используем только экологически чистые и действенные средства, и передовые технологии для достижения безупречного результата. Жмите https://clean-help24.ru Почему стоит выбрать именно нас?: Квалифицированные специалисты по чистоте, удобный для вас график и персонализированный сервис к каждому обратившемуся. Оставьте хлопоты нам и просто расслабьтесь. Мы облегчим вашу рутину! Хватит ждать идеального момента и пригласите чистоту в свой дом прямо сейчас!