India’s Ministry of New and Renewable Energy (MNRE) has clarified that solar cells manufactured using imported diffused silicon wafer (generally called ‘blue wafer’) shall not qualify for MNRE schemes and programmes that mandate use of domestically manufactured solar PV cells.
India’s cumulative installed open access (offsite commercial and industrial) solar capacity reached 20.2 GW as of Dec. 31 2024 with a record annual addition of 6.9 GW in 2024
As India advances toward its Vision 2047 goals, solar module and cell manufacturing must be at the heart of the renewable energy strategy. While policy interventions like ALMM and production-linked incentives have laid a strong foundation, the next phase requires intensifying domestic raw material manufacturing and supply chains, scaling solar cell production with novel technologies, developing a skilled workforce to support advanced manufacturing, and elevating export competitiveness through quality certifications and trade agreements.
Non-vanilla technologies, such as wind-solar hybrids and battery energy storage, accounted for half of the utility-scale renewable energy capacity tendered in 2024.
Lohum stated its new lithium refinery will have the capacity to produce 1,000 metric tonnes annually.
A white paper by EDF outlines the key challenges hindering pumped storage project (PSP) growth as planned by Government of India and provides strategic recommendations to improve project viability, attract private sector investment, and create a supportive regulatory and financial framework for the rapid development of PSP in India.
The Energy Information Administration projects that 32.5 GW of solar power, 18.2 GW of energy storage, and 7.7 GW of wind generation will be deployed this year, accounting for nearly 93% of total new capacity, which is expected to reach a record 63 GW.
Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, announced that it has refinanced its maiden construction facility with outstanding of $1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan.
The collaboration aims to install 100,000 solar rooftop systems in homes by 2026 in support of the PM Surya Ghar Muft Bijli Yojana.
Achieving the National Electricity Plan (NEP-14) targets would require annual financing for renewable energy, storage and transmission to grow by 20% each year, reaching $68 billion by 2032 from $13.3 billion in FY 2024, says a new report from Ember.
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