Saur Energy International Magazine November 2024- Solar Cells: The Race to 2026

Editorial

If our October magazine issue was all about the solar rush towards public markets through IPOs, it’s only fitting that we get down to understanding just where the money being raised is going. As it turns out, in case any firms could still not make up their minds, the government is determined to do it for them.+

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By announcing plans to start a similar regime to ALMM for solar cells as well, the government made it clear that April, 2026 could be a really important date. Quite simply, firms doing their own cell manufacturing could be at a significant advantage to those that don’t. Dive into our cover feature to know the how’s and why’s of the move.

This month also saw the successful listing of NTPC’s Green Energy subsidiary, NTPC Green. We believe that the listing by a firm that will be among India’s top 3 green energy developers in three to four years to years and possibly even the largest in time, will also be a milestone moment for the market to better understand the solar sector and the risks and opportunities therein. Expect future IPOs to face much more searching questions accordingly.

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