India Boosts Solar Manufacturing Capacity to 125 GW
India is set to significantly enhance its solar photovoltaic (PV) module manufacturing capacity, increasing from 80 gigawatts (GW) to 125 GW by 2030. This announcement was made by Union Minister for New and Renewable Energy, Pralhad Joshi, during the inauguration of a new 5.4 GW solar cell manufacturing facility by Waaree Energies Limited in Gujarat. The country is also expected to raise its solar cell manufacturing capacity from 25 GW to 40 GW in the near future.
A Leap in Solar Manufacturing
In 2014, India had minimal solar PV module manufacturing capabilities. Fast forward to today, and companies like Waaree Energies are producing 80 GW of solar PV modules. Minister Joshi emphasized that India is moving towards an integrated solar model, where all production stages—from polysilicon to modules—will be manufactured domestically. This shift not only strengthens India’s manufacturing base but also reduces dependency on imports, particularly from countries like China.
The minister expressed confidence in achieving the ambitious target of 500 GW of renewable energy capacity by 2030, up from the current 220 GW. He stated, “If Prime Minister Narendra Modi is there, then it is possible,” highlighting the government’s commitment to renewable energy.
Leading in Global Green Energy
India is emerging as a leader in the global green energy sector. The country recently issued the world’s largest bid for green ammonia and has secured 50% of export orders for electrolyser and green hydrogen manufacturing. Joshi pointed out that despite housing 17% of the global population, India contributes less than 4% to global greenhouse gas emissions, showcasing its dedication to sustainable energy practices.
The minister noted that previous reliance on imported solar PV modules has shifted due to significant advancements in local manufacturing. Initiatives like the Approved List of Models and Manufacturers (ALMM) and the Production Linked Incentive (PLI) scheme have played crucial roles in this transformation.
Future Projections and Investments
Looking ahead, Joshi projected that India’s energy demand will double by 2032, with plans to extend electricity connectivity to 18,100 villages. This growth positions India as a potential global manufacturing hub for renewable energy technologies.
At the inauguration event, Gujarat Chief Minister Bhupendra Patel praised Prime Minister Modi for establishing the state as a model of development. He highlighted the Atmanirbhar Gujarat policy, which has attracted investments totaling Rs 43,000 crore, resulting in 183 operational units. This business-friendly environment is expected to further bolster the state’s role in India’s renewable energy landscape.
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