Markets & Policy

Indosol, Reliance win incentives for poly-to-module manufacturing

Eleven companies in India have emerged as the winners of the second round of the production-linked incentive scheme for high-efficiency solar modules. In particular, Indosol, Reliance, and First Solar have secured incentives for fully integrated production.
Uma Gupta
By
Uma Gupta
US thin-film giant First Solar is in the process of setting up a 3.3 GW manufacturing facility for its series 6 modules in the southern Indian state of Tamil Nadu. | Image: First Solar

From pv magazine India

The Indian government has allocated 39.6 GW of domestic solar module manufacturing capacity under the second round of the nation’s production-linked incentive scheme. Eleven companies emerged as winners of the incentives. 

Indosol and Reliance secured incentives for poly-to-module production capacity. First Solar also won incentives for its 3.4 GW, fully vertically integrated facility in India. 

Waaree, ReNew, Avaada, Grew, and JSW have secured incentives for module manufacturing capacity integrated up to the wafer stage.

Tata Power Solar, Vikram Solar, and AMPIN will set up 7.4 GW of integrated cell and module capacity. Production from these facilities is expected to start by October 2024.

The authorities allocated a total of 8,737 MW under the first round of the production-linked incentive scheme. 

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

More about
Written by

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Comments