Daily News Wrap-Up: Concerns Raised Over Quality of Domestic Solar Modules
The Ministry of Power releases EV charging infrastructure guidelines
September 23, 2024
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The pace of energy transition is contingent on the steady supply of components necessary for project development. Solar is a major component in India’s goal to install 500 GW of non-fossil fuel-based energy capacity by 2030. However, the government’s push to deploy locally manufactured modules for solar projects has created bottlenecks and could jeopardize the growth rate in capacity additions. In the first half (1H) of the calendar year 2024, solar projects totaling 14.9 GW were added in India, topping all previous half-yearly and annual installations. Year-on-year, this was a 282% growth compared to PV installations in 1H 2023. The surge in installations was mainly due to the rush to import modules to commission projects ahead of the reimposition of the Approved List of Models and Manufacturers Order from April 2024.