2024-06-27
India's Ministry of New and Renewable Energy (MNRE) has brought back the Approved List of Models and Manufacturers (ALMM) mandate, effective April 1, 2024. This policy requires government-backed solar projects to use MNRE-approved products, protecting the domestic solar industry from Chinese competition and creating a significant market for Indian manufacturers. Industry leaders note that the mandate boosts local production and innovation, with companies like Goldi Solar planning major investments in manufacturing. The shift towards meeting domestic demand reduces dependence on Chinese components and aligns with government efforts to support local production.
Source: https://www.pv-magazine.com/2024/04/30/india-creates-non-tariff-barrier-for-chinese-solar-products/
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