Exhibitions India Group and Solar India expo has hosted a live webinar with solar industry stakeholders deliberating the crucial topic of Solar PV Manufacturing in India.
Subrahmanyam Pulipaka, Chief Executive Officer, National Solar Energy Federation of India, opened the talk with some astute remarks, “India, especially in the wake of COVID-19 has laid an increased amount of focus on green energy initiatives. In fact, we are the only country in the G-20 to have achieved its Paris goals before the deadline. While solar energy has been a key focus area in India, solar manufacturing sector has struggled to evolve, and the government is encouraging manufacturing with initiatives including PLIs and custom duty.”
Delivering the Keynote speech, Amitesh Kumar Sinha, Joint Secretary, Ministry of New and Renewable Energy, Govt. of India outlined the government’s policies to stimulate Indian solar manufacturing, “India has a large vision and requirement of solar energy, with 30GW required in production till 2030. We also however, have a large difference in demand and supply, meaning that there are large opportunities in the sector. On the policy side, we are working to provide incentives to promote solar manufacturing in the country, including lowering custom duties on solar modules and batteries. An ambitious Production-Linked Incentive Scheme worth INR 4500 Cr is in the works for high-efficiency solar PV modules, and will be allotted on highest-bidding basis.”
Rashi Gupta, Batterywali and Managing Director, Vision Mechatronics exuded optimism in terms of India’s solar outlook, “Energy storage and solar manufacturing go hand-in-hand because one literally cannot store all of the sun’s energy without storage! As we see, there are increased incentives for both solar and batteries from authorities. Both are important aspects, and we need to strengthen our self-reliance in each. Though there are bottlenecks in the manufacturing process for these two segments in India, I am certain that industry can work together to address the demand and supply gap.”
Exhibitions India Group (EIG) is a trade promotion organization creating opportunities for investments, joint ventures and technology transfers.
Organized by the India Trade Promotion Organization (ITPO), Ministry of Commerce, & Exhibitions India Group (EIG), Solar India expo will showcase latest products, services and technologies, including solar PV panels & modules, smart meters & cables, rooftop/ground mounting structures, storage solutions etc.