PLI

Vikram Solar has actually filed draft papers for its initial public offering (IPO) as it seeks to raise funds for a 2GW integrated cell as well as module factory in India.

India's Production Linked Incentive (PLI) plan is expected to add up to 40GW of added cell and also module production capacity in the nation as it runs in tandem with the country's upcoming Basic Customs Duty (BCD), according to Indian rating agency ICRA, a Moody's Investors Service firm.

Indian utility Tata Power will aim to benefit from policy support from India's government as it sets up new cell as well as module manufacturing capacity in the country.

India's government is to supply a further Rs19,500 crore (US$ 2.6 billion) of funding for its PV production Production Linked Incentive (PLI) scheme, with the country intent on spurring more development of a residential solar manufacturing base.

India's government is set to scale up funding for its production-linked reward (PLI) programme for solar production as it eyes exports of PV equipment.

A new support plan from India's federal government to boost the residential manufacture of PV modules has actually seen 18 bidders send 54.8 GW of applications, according to consultancy JMK Research & Analytics.

It is "undesirable" for China to dominate solar manufacturing and also manufacturing bases outside of the nation are required to lower the danger of supply chain interruptions, an Indian government official has claimed.

Module and also cell makers in India will expand their manufacturing abilities by 13.75 GW for modules and also 6.9 GW for solar cells, according to research by JMK Research and Analytics.

The Indian government has actually authorized production-linked rewards for the country's solar module production market to aid the nation include 10GW of power generation capability.