According to the latest report of Mercom India research, as of the first half of 2024, India has added 11.3GW of solar module and 2GW of solar cell manufacturing capacity.
The report "State of Solar PV Manufacturing in India, H1 2024" states that the increase in manufacturing capacity in H1 2024 was mainly driven by strong demand, with a total installed capacity of 132.7 GW of solar projects between 2024 and 2026, and the reimplementation of the model and manufacturer approval list from April 2024.
As of June 2024, the cumulative manufacturing capacity of photovoltaic modules in India has reached 77.2GW, and the total solar cell manufacturing capacity has reached 7.6GW. The top 10 manufacturers account for nearly 58% of module volume and 100% of cell production capacity.
More than 57% of installed module manufacturing capacity is used to manufacture solar modules in M10 and G12 silicon wafer sizes; Single-crystal PERC components account for the majority of India's component production capacity, followed by TOPCon, polycrystalline and thin-film components.
In the case of growing demand for solar cells, the demand for solar panels is also essential. It is particularly important to choose solar panels with good quality and high power generation efficiency. Our company Beijing Multifit Electrical Technology Co., Ltd. focuses on the research and development of solar products and cleaning equipment. We have our own factory in Shantou, Guangdong.
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Post time: Nov-12-2024