ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW

ALMM: India's Solar Module Manufacturing Capacity Touches 50.8 GW

India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90. 

The last released ALMM list by the MNRE in May this year pegged the total solar module capacity at 48 GW. The recent addition of around 2.5 GW of new capacities came from the rise in production capacity by Emmvee, Credence, Gautam Solar and other solar module manufacturing companies. 

The largest new capacity was reported by Emmvee which reported the highest new capacity addition of 1504 MW. With the new capacity additions, Emmvee has now become the among the top six solar module manufacturers in terms of total production capacity. 

The new capacity additions by solar module manufacturing companies. Source: ALMM List, July 2024.

Two new solar module manufacturing companies PV Power from Maharashtra and Lubi Electronics from Gujarat also made it to the list with capacities of 86 MW and 40 MW respectively. 

Moreover, several solar module manufacturing companies also increased its production capacities, the new ALMM list indicated. For example Citizen Solar’s ALMM enlisted capacity went on from 70 MW to 150 MW. Credence Solar also increased its capacity rom 125 MW to 500 MW. Insolation Solar reported a rise in its capacity from 430 MW to 617 MW. Gautam Solar also increased its capacity from 319 MW to 710 MW. 

In terms of the highest enlisted solar module manufacturing capacity Waaree continued to take the lead with a total enlisted capacity of 10.77 GW. It was followed by Mundra Solar (Adani) with 4.1 GW capacity, ReNew (3.6 GW), First Solar (3.2 GW), Tata (3.19 GW), Emmvee (2.69 GW), Goldi Solar (2.60 GW) and Vikram Solar (2.4 GW). 

Companies with highest enlisted solar module manufacturing capacities.

A number of companies meanwhile also enlisted their TOPCon bifacial solar modules at a time when the demand for the new technology in rooftop solar is slated to rise with the launch and expansion of PM Surya Ghar. 

With the rise in the domestic solar module manufacturing capacity, the country now can take the lead in supplying domestic solar modules for the small and large solar projects in India and counter its dependency to China. This has also come at a time when the tariff barriers and non-tariff barriers like imposition of ALMM has made it tough for the Chinese solar module manufacturers to dump their cheaper modules for the solar projects in India.