India to support integrated PV factory with PLI system

Apr 30, 2021 02:59 PM ET
  • Solar manufacturers that plan on setting up incorporated, higher capacity plants in India will be given choice in the country's brand-new production-linked incentive (PLI) programme.
India to support integrated PV factory with PLI system
Image: ReNew Power

The Ministry of New and also Renewable Energy (MNRE) yesterday (Thursday 29 April 2021) launched standards for the scheme, which forms part of federal government initiatives to reduce the country's dependence on international solar imports by sustaining domestic suppliers.

Some INR45 billion (US$ 603 million) will be designated over five years to back the residential development of high-efficiency PV modules, with choice offered to makers that plan on establishing completely incorporated solar PV factory making use of silicon-based modern technology, completely incorporated thin-film innovation or "any other innovation". MNRE stated modern technologies that cause far better module performance will be incentivised.

Candidate manufacturers will certainly have to establish a plant with a minimal capacity of 1GW, while the maximum ability that can be granted to one recipient is 50% of their quote capacity or 2GW, whichever is less. PLIs will be given on the production as well as sales of high-efficiency modules by the chosen units.

Modules created by the PLI beneficiaries must have a minimum effectiveness of 19.5% with temperature level coefficient of Pmax far better than -0.30%/ ° C, or an efficiency of 20% with temperature level coefficient of Pmax equal to or much better than -0.4%/ ° C.

The demands additionally stipulate that plants featuring imported capital items for setting up the module manufacturing facility prior to the last date of quote submission will certainly not be qualified for participation, with makers urged to source their material from the domestic market.

Originally authorized in November, the PLI scheme develops part of Indian federal government initiatives to reach 280GW of mounted solar by 2030, suggesting around 25GW will certainly need to be released yearly till after that.

According to MNRE, India's domestic manufacturing sector has yearly capacities of 9GW-- 10GW for PV modules and around 2.5 GW for cells, indicating solar deployment in the country presently depends mostly on imported equipment.

Various other federal government initiatives to increase residential solar production have seen the introduction of a 20% levy on inverters as well as a safeguard obligation on modules as well as cells that will end in July. As of April 2022, a 40% fundamental personalizeds task on both modules and cells will enter effect, with project programmers anticipated to increase initiatives to appoint solar projects before then.