The Indian authorities’s “Authorized Record of Fashions and Producers” (ALMM) has handed 18GW of capability and 66 totally different entities registered, in accordance with consultancy JMK Analysis & Analytics.
The ALMM checklist was launched in 2019-2020 to benchmark home manufactured photo voltaic cells and modules and to spice up the event of a home manufacturing trade.
Because the first replace in March 2021, the capability has greater than doubled from the preliminary 8.2GW to 18GW in August 2022, whereas enlisted producers practically trebled from 23 to 66.
Since April 2022, all authorities utility-scale photo voltaic initiatives have been mandated to make use of solely ALMM enlisted modules, which coincided with the implementation of the essential customs responsibility (BCD) on imported cells and modules.
Throughout that lapse of time from April to August, 4GW of capability was added within the ALMM, displaying a fast-growing pattern of modules and suppliers accessible, as proven within the chart under.
One of many considerations from builders for the checklist was the shortage of manufacturing capability for high-wattage modules (400Wp or extra) which can be favoured in business and industrial (C&I) initiatives.
Within the first replace in March 2021 solely 4 producers have been included within the checklist, in opposition to 11 within the final replace and with as much as 6-7GW of enlisted capability, in accordance with JMK Analysis.
The limitation of permitted producers was one of many causes for initiatives’ tariffs edging upwards again in Could 2022, together with the BCD implementation, amongst different causes.
At the moment, this capability within the ALMM will nonetheless not be sufficient to cater for your entire Indian market, which is predicted to deploy 20GW of photo voltaic PV in 2022, with roughly 16.5GW of large-scale photo voltaic and three.5GW of rooftop.
Regardless of that, the implementation of the Manufacturing Linked Incentive (PLI) scheme, which expects so as to add as much as 40GW of further cell and module manufacturing capability within the nation, may gain advantage the fast-paced progress of obtainable capability within the ALMM.
The checklist reduces even additional for ultra-high wattage modules of 500Wp or extra, as solely seven producers are at present within the authorities’s checklist and with a minimal capability of three.2GW.
Solely 5 firms – Waaree, Adani Photo voltaic, RenewSys India, Premier Energies and Vikram Photo voltaic – can provide bifacial modules.
