Cosmic PV Power Adds 1.6 GW Solar Module Manufacturing Line in Gujarat

The company has planned a 4 GW solar cell facility

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Module manufacturer Cosmic PV Power has commissioned an additional 1.6 GW TOPCon G12R solar module line at its Surat, Gujarat facility, bringing its total manufacturing capacity to 3 GW.

The company is also planning to set up a 4 GW TOPCon G12R solar cell manufacturing facility in Madhya Pradesh. In the first phase, 1.1 GW of capacity will be commissioned by December.

Cosmic PV Power manufactures modules of N-Type TOPCon, Mono PERC, and Bifacial technologies.

Apart from module manufacturing, its offerings include engineering, procurement, and construction of solar projects, as well as rooftop solar installation.

Cosmic PV Power has 1,302 MW of solar module manufacturing capacity listed in the Approved List of Models and Manufacturers (ALMM) List-I.

In the recent ALMM list for modules, the Ministry of New and Renewable Energy (MNRE) expanded it by adding 17,268 MW of solar module capacity. The cumulative module manufacturing capacity under ALMM now stands at 162,109 MW.

The MNRE, in a draft amendment to the ALMM order, proposed creating an ALMM List-III for wafers, on the lines of the solar modules and cells lists.

The amendment proposes that all projects falling under ALMM’s purview must mandatorily source their modules from ALMM List-I. Such modules must also use solar cells from the ALMM List-II. The cells, in turn, must use wafers from ALMM List-III.

Addressing the widening gap between solar module and cell manufacturing, MNRE asked the Department of Financial Services to advise banks, financial institutions, and non-banking financial companies to adopt a cautious approach while financing new standalone solar module facilities.

To enforce the mandate for ALMM List-II, the MNRE asked government agencies to scrap tenders with short bid submission timelines, clearly intended to circumvent the ALMM mandate on solar cells. It further asked tendering agencies to cancel such tenders and float new ones.

Last year, the Ministry clarified that renewable energy projects supplying power exclusively to green hydrogen and green ammonia developers who have been awarded capacity under the Strategic Interventions for Green Hydrogen Transition Program’s Mode-2A and Mode-2B will be eligible for a relaxation from the requirement to use solar cells from ALMM List-II.

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