India to Introduce ALMM for PV Cells
POWER & RENEWABLE ENERGY

India to Introduce ALMM for PV Cells

The Indian government is preparing to issue an Approved List of Models and Manufacturers (ALMM) for photovoltaic (PV) cells to accelerate the nation’s green energy transition and encourage local manufacturing within the solar sector. This initiative is in line with India’s ambitious renewable energy goals and the push for energy independence. The ALMM, which already covers solar modules, is set to expand to include PV cells, promoting higher standards for domestic production and enabling manufacturers to meet both domestic and export demands.

With India’s solar sector projected to require significant PV cell capacity, the ALMM introduction aims to boost the local PV cell industry, reducing reliance on imports while helping achieve energy goals. The ALMM policy will mandate that only approved manufacturers meeting government-specified quality standards can supply PV cells for government-supported projects, effectively enhancing product quality and supporting market growth for domestic solar cell manufacturers.

By adopting ALMM for PV cells, the government expects to catalyze investments in solar manufacturing facilities and encourage technological advancements in the sector. Manufacturers are anticipated to benefit from both increased demand and regulatory certainty, fostering a strong market for domestically produced solar cells. Officials expect that this policy, alongside existing production-linked incentives and tariff barriers on imports, will encourage the scaling up of solar cell production to meet India’s green energy targets, aiming for a self-reliant green economy.

However, industry stakeholders have raised questions about cost and timeline pressures on existing manufacturers, highlighting the need for clear implementation guidelines to manage the transition smoothly. The ALMM policy for PV cells is part of a larger governmental framework supporting the growth of renewable energy and will play a pivotal role in India's journey toward a sustainable energy future.

The Indian government is preparing to issue an Approved List of Models and Manufacturers (ALMM) for photovoltaic (PV) cells to accelerate the nation’s green energy transition and encourage local manufacturing within the solar sector. This initiative is in line with India’s ambitious renewable energy goals and the push for energy independence. The ALMM, which already covers solar modules, is set to expand to include PV cells, promoting higher standards for domestic production and enabling manufacturers to meet both domestic and export demands. With India’s solar sector projected to require significant PV cell capacity, the ALMM introduction aims to boost the local PV cell industry, reducing reliance on imports while helping achieve energy goals. The ALMM policy will mandate that only approved manufacturers meeting government-specified quality standards can supply PV cells for government-supported projects, effectively enhancing product quality and supporting market growth for domestic solar cell manufacturers. By adopting ALMM for PV cells, the government expects to catalyze investments in solar manufacturing facilities and encourage technological advancements in the sector. Manufacturers are anticipated to benefit from both increased demand and regulatory certainty, fostering a strong market for domestically produced solar cells. Officials expect that this policy, alongside existing production-linked incentives and tariff barriers on imports, will encourage the scaling up of solar cell production to meet India’s green energy targets, aiming for a self-reliant green economy. However, industry stakeholders have raised questions about cost and timeline pressures on existing manufacturers, highlighting the need for clear implementation guidelines to manage the transition smoothly. The ALMM policy for PV cells is part of a larger governmental framework supporting the growth of renewable energy and will play a pivotal role in India's journey toward a sustainable energy future.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?