Government Plans ALMM for Solar Inverters to Boost Domestic Manufacturing
POWER & RENEWABLE ENERGY

Government Plans ALMM for Solar Inverters to Boost Domestic Manufacturing

The government is working towards introducing an Approved List of Models and Manufacturers (ALMM) for solar inverters, expanding its efforts to strengthen India’s solar manufacturing ecosystem, New and Renewable Energy Minister Pralhad Joshi announced.

Speaking at the 6th CII International Energy Conference and Exhibition, the minister said, “I have asked my officials to come up with ALMM for solar inverters. We are also discussing a Production Linked Incentive (PLI) scheme for advanced chemistry cells.”

A solar inverter converts direct current (DC) generated by solar panels into alternating current (AC). The government had earlier launched ALMM for solar photovoltaic (PV) modules, followed by a list for solar cells that will come into effect from June 2026. Work is also underway to prepare a similar framework for wafers, ingots, and polysilicon.

Joshi added, “We have already set a target to achieve domestically manufactured solar cells by 2028, and we are now moving towards a comprehensive indigenous wafers and ingots ecosystem (Swadeshi). I have also directed my ministry to prepare a trajectory for domestic polysilicon production, ensuring a fully integrated solar value chain.”

As part of its clean energy push, India has already achieved 250 GW of non-fossil fuel-based power generation capacity and aims to expand this to 500 GW by 2030 in line with its 2070 net-zero target.

To accelerate renewable energy deployment, MNRE will soon hold a second round of discussions with states on energy storage, energy transition, and power purchase agreements.

A joint report by CII and EY released at the conference highlighted that non-fossil energy sources would need to grow 40 times their current level to meet at least two-thirds of India’s primary energy demand by 2047 under the Viksit Bharat vision.


News source: Business Standard

The government is working towards introducing an Approved List of Models and Manufacturers (ALMM) for solar inverters, expanding its efforts to strengthen India’s solar manufacturing ecosystem, New and Renewable Energy Minister Pralhad Joshi announced.Speaking at the 6th CII International Energy Conference and Exhibition, the minister said, “I have asked my officials to come up with ALMM for solar inverters. We are also discussing a Production Linked Incentive (PLI) scheme for advanced chemistry cells.”A solar inverter converts direct current (DC) generated by solar panels into alternating current (AC). The government had earlier launched ALMM for solar photovoltaic (PV) modules, followed by a list for solar cells that will come into effect from June 2026. Work is also underway to prepare a similar framework for wafers, ingots, and polysilicon.Joshi added, “We have already set a target to achieve domestically manufactured solar cells by 2028, and we are now moving towards a comprehensive indigenous wafers and ingots ecosystem (Swadeshi). I have also directed my ministry to prepare a trajectory for domestic polysilicon production, ensuring a fully integrated solar value chain.”As part of its clean energy push, India has already achieved 250 GW of non-fossil fuel-based power generation capacity and aims to expand this to 500 GW by 2030 in line with its 2070 net-zero target.To accelerate renewable energy deployment, MNRE will soon hold a second round of discussions with states on energy storage, energy transition, and power purchase agreements.A joint report by CII and EY released at the conference highlighted that non-fossil energy sources would need to grow 40 times their current level to meet at least two-thirds of India’s primary energy demand by 2047 under the Viksit Bharat vision.News source: Business Standard

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->