The ministry says it merely wants financial institutions to also expand their financing portfolios into upstream stages and ancillary components such as solar cells, ingots‑wafers, polysilicon, solar glass, and aluminium frames to strengthen India’s solar value chain. The Ministry of New & Renewable Energy (MNRE) has categorically dismissed recent media reports suggesting that lenders have...
Tag: solar PV manufacturing
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India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
This solar PV manufacturing boom has driven a near 400 per cent rise in the number of manufacturers, growing from 21 in 2021 to 100 today. India’s efforts to develop a robust renewable energy equipment manufacturing ecosystem received a major boost with the country attaining 100 GW capacity in solar photovoltaic (PV) manufacturing under the...