Dear Anthony / David ,
Thought following news report appearing in today’s Economic Times , might interest you :
Govt plans to register only India-made solar panels under ALMM: RK Singh
Extract :
The government is planning to register solar panels made up of only domestically manufactured cells, wafers and polysilicon under the Approved List of Models and Manufacturers in the next 3-4 years. Minister for New and Renewable Energy RK Singh has also asked the concerned officers of his ministry to prepare a policy in this regard. ALMM was introduced by the government to boost domestic manufacturing of solar panels. The modules with less efficiency are removed from the ALMM, the minister said.
“We will evolve our policies. We will only protect those modules, which are made-in-India cells. In one or two years, we will bring such a policy. Then again, after 1-2 years, we will bring a policy that wafers and polysilicon should also be made in India.
“We only register those players under ALMM whose cell, wafers and polysilicon are India-made,” Singh said. The move will help in real ‘Make-in-India’. The government will not promote the import of components of solar panels in the next few years, the minister said.
“You import cell from outside and assemble here and sell it saying it is made in India, whereas it is 90 per cent made in China this will not do,” he said, adding that the ministry will also do a review of the ALMM next year. The government will not allow the manufacturers to endorse any outdated equipment or technology to protect the interest of the people of India, Singh added.
Regards,
Hemen Parekh
From: Hemen Parekh [mailto:hcp@recruitguru.com]
Sent: 16 October 2023 08:30
To: David Pearce; Anthony Letmon
Cc: hcp@recruitguru.com
Subject: THIS MIGHT INTEREST YOU
Dear David / Anthony,
Just came across following news report in today’s Economic Times :
We will invest $3 billion in backward integration: Vneet Jaain
Extract :
"We started with solar wherein we made the modules, the cells, the wafer, and the ingots. We then have plans to go further backward on the
polysilicon side.
We have also formed joint ventures for the manufacturing of EVA (ethylene vinyl acetate), back sheets, aluminium frames etc. So, whatever
goes as input in making a panel, we will be manufacturing it.," said Jaain.
Adani Green Energy, one of India's largest renewable companies, is expanding its solar and wind power capacity. Vneet Jaain, managing
director, Adani Green Energy, and director, Adani New Industries, tells Kalpana Pathak that the company plans to invest $3 billion in
backward integration to support its plan to more than double its current solar manufacturing capacity.
With regards,
Hemen Parekh
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