ENA Sectors 2023-09-15 13:07:23 <p><span style="font-size:14px"><strong>New Delhi, Sept 15 (KNN)</strong> India is well poised to become a prominent global player in the renewable energy equipment supply chain, New &amp; Renewable Energy Secretary Bhupinder Singh Bhalla said.</span></p> <p><span style="font-size:14px">Speaking at the event organised by the CII, Bhalla said that the solar manufacturing capacity alone would touch 100GW by 2026.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The government is implementing a production linked incentive (PLI) scheme with an outlay of Rs 24,000 crore which is estimated to aid setting up 48 GW of solar equipment manufacturing capacity by 2026.</span></p> <p><span style="font-size:14px">India has 28GW of solar module manufacturing capacity and 6GW of solar cell manufacturing capacity at present, he said.</span></p> <p><span style="font-size:14px">He pointed out that after the implementation of the PLI scheme for solar, India should be in a position to have 100GW solar module manufacturing capacity.</span></p> <p><span style="font-size:14px"> We need to add 30GW to 40GW of solar power capacity every year. We still have a very large substantial capacity for exports. That is why, India will become a key player in the global supply chain (of solar equipment), he said.</span></p> <p><span style="font-size:14px">India has an ambitious target of having 500GW of RE capacity by 2030 and aims to have 50 per cent of its electric power capacity from non-fossil fuel based source like solar, wind energy and green hydrogen.</span></p> <p><span style="font-size:14px"> We aim that India becomes a leading manufacturer of solar modules. India is poised to become a global hub of RE manufacturing, he added.</span></p> <p><span style="font-size:14px">Bhalla further said that India has 15 GW of wind energy (turbine) manufacturing capacity at present.</span></p> <p><span style="font-size:14px">The government is aiming to achieve 50 per cent of our electric power from non-fossil fuels by 2030. <em><strong>(KNN Bureau)</strong></em></span></p> 34799 https://knnindia.co.in/news/newsdetails/sectors/india-to-become-global-solar-equipment-exporter-by-2026-official 2023-09-15 13:07:23 knnindia.co.in