To catalyze cutting-edge PV manufacturing in India, NITI Aayog, Ministry of New and Renewable Energy, and Invest India, are organizing a global symposium virtually, ‘India PV EDGE 2020
The focus is on ‘Wafers and Cells’, ‘Modules and Production Equipment’ and ‘Supply Chain’.
Solar deployment has been the flagship green growth story of the last decade and this would be instrumental to stimulate growth and build a climate-resilient world. India has become the third-largest solar capacity country in the world and set an ambitious target of 450 GW of renewable capacity by 2030, comprising 300 GW of solar capacity.
The major factor behind the rise of solar deployment is giga-scale solar manufacturing and the continuous adoption of innovations to reduce prices. Hence, solar PV manufacturing is one of the strategic sectors announced by the Indian government as part of the post-Covid Aatmanirbhar Bharat recovery initiative. Subsequently, efforts are underway to make India a global hub for solar PV manufacturing, and significant giga-factory announcements are being made by local and global firms. The Indian government is also coming up with innovative initiatives to promote cutting-edge solar manufacturing in India.