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India has almost trebled its annual nameplate for photo voltaic cells from 9GW to 25GW between March 2024 and March 2025, based on the Ministry of New and Renewable Vitality (MNRE).
Throughout the identical interval, the nation’s photo voltaic module manufacturing capability has almost doubled from 38GW in March 2024 to 74GW in March 2025. Additional upstream, the nation commissioned its first 2GW of ingot and wafer manufacturing capability throughout that interval.
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These figures are encouraging developments for India’s push in direction of better home clear power manufacturing. The Indian price range has set out customs duties for cell and module imports into the nation, and the MNRE has specified that imported wafers used within the home manufacture of cells would disqualify these cells from being categorized as ‘domestically produced’.
These legislative strikes have helped drive further manufacturing capability additions. Already this yr, Waaree has commissioned a 5.4GW cell manufacturing plant, whereas Goldi Photo voltaic has launched an AI-powered manufacturing line with an annual nameplate of 14GW.
India installs 21GW of photo voltaic PV
Additional downstream, India commissioned near 21GW of recent photo voltaic capability within the 12 months to 31 March 2025, a 38% year-on-year improve and determine that accounts for the overwhelming majority of the 25GW of recent renewable capability additions made.
The newest figures, revealed by MNRE and protecting the 2024/25 monetary yr, spotlight how the final 12 months has been a record-setting interval for Indian renewable power deployment, with India including 35% extra clear power than within the earlier yr.
The set up figures examine to the 25GW of recent capability additions reported by Mercom India Analysis earlier this yr, which covers the 2024 calendar yr. The MNRE experiences that the brand new photo voltaic additions have pushed India’s cumulative photo voltaic capability above 100GW, with 102.6GW of capability in operation as of February 2025, and is a close to doubling of the 64.38GW of photo voltaic capability as of the tip of February 2023.
“India might have already turn out to be or will quickly turn out to be the third-largest renewable power capability holder on this planet,” stated renewable power minister Prahlad Joshi. “This milestone is a testomony to prime minister Modi’s imaginative and prescient for a sustainable and self-reliant power future.”
Rooftop photo voltaic has seen important development, specifically, underneath the PM Surya Ghar Muft Bijlee Yojana, an initiative providing subsidies for residential photo voltaic installations to encourage better deployment of rooftop photo voltaic. Candidates can apply for subsidies of 60% of the price of a photo voltaic unit, for techniques as much as 2kW in capability, and the scheme has helped ship rooftop photo voltaic to 110,000 households as of the tip of March.
The convention will collect the important thing stakeholders from PV manufacturing, tools/supplies, policy-making and technique, capital tools funding and all downstream channels and third-party entities. The objective is straightforward: to map out PV manufacturing out to 2030 and past.
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