Wider adoption of solar-powered agricultural pumps and feeder systems under PM-KUSUM could improve power availability for farmers, encourage more sustainable energy consumption and reduce the subsidy burden on utilities, according to a new report. Supported by PM-KUSUM, India’s agricultural sector could generate demand for an additional 116 GW of solar modules to fulfil the country’s...
Tag: Solar Manufacturing
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India’s Solar Manufacturing Ambition Could Unlock $89 Billion Investment by 2047: ISMA
A new report by the industry body outlines a pathway for India to move beyond module assembly and build a fully integrated solar manufacturing ecosystem spanning polysilicon, ingots, wafers, cells and modules. India could transform its solar manufacturing industry into a fully integrated global supply-chain hub by 2047, attracting an estimated $89 billion in manufacturing...
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Climate Fund responsAbility Investment Fuels Navitas’ Solar Manufacturing Expansion
The funding will support Navitas’ planned entry into solar cell manufacturing, including a proposed 2.2 GW facility in India, as the company expands its integrated clean-energy manufacturing platform. Navitas, an integrated renewable energy company, has secured growth capital of up to $20 million (approximately ₹1.9 billion) from Swiss impact asset manager responsAbility on behalf of...