Launch of solar manufacturing policy report
Solar growth, globally as well as in India, has been phenomenal due to a variety of factors, the most important being climate concerns arising from use of fossil fuels. With a national goal of 100GW of solar power by 2022 and continuing the growth trend beyond to be able to achieve 40% of non-fossil fuel power by 2030, creation of domestic manufacturing base assumes strategic significance.
The government of India has been conscious of this need from the very beginning of National Solar Mission and brought out several policy initiatives. The progress on solar capacity additions has been excellent. However, silicon production for solar could not take off. Considering the landscape of solar development in the country and the eco-system requirements for local manufacturing, TERI has prepared a report for development of 'Solar PV Manufacturing in India: Silicon Ingot & Wafer - PV Cell - PV Module' containing recommendations pertaining to the strategy of implementation, requirement of financial and fiscal support and development of infrastructure.
The report will be launched at TERI with a brief panel discussion around solar development in India.