Promonique
Promonique
Home » Green Zone » MSIPS and ‘Make in India’ to make way for RE

MSIPS and ‘Make in India’ to make way for RE

November 28, 2017 4:06 pm

MSIPS and ‘Make in India’ to make way for RE
.

Giorgio Cellere, Product Management, Baccini Cell Systems, Applied Materials

Sustainable energy
The government has announced several initiatives to revive the power sector since the time it has come into power. Informing whether these initiatives started delivering or not Giorgio Cellere, Product Management, Baccini Cell Systems, Applied Materials states, “There has been a lot of focus on renewable energy in India. In fact, in the last couple of years, the thrust has been on renewable energy rather than on conventional energy. The leading players in India’s power sector are looking at diversifying their portfolios to include sustainable renewable energy.”

MSIPS and ‘Make in India’
“The Modified Special Incentive Package Scheme (MSIPS) policy and the ‘Make in India’ initiatives I believe can both be game changers for all sectors, and especially for renewable power in India,” comments Cellere. He adds, “A few states have come up with a net-metering policy to promote rooftop solar, which encourages people to invest more in solar energy. It is also now mandatory for government buildings to have solar as a source of power and a few states have further mandated houses above a particular size to install and generate solar power. These initiatives will go a long way in enabling the adoption of solar power as an energy source.”

Rapid growth in consumer market
Briefing on the major changes observed during the past one year as far as improving the health of the industry is concerned Cellere says, “The consumer market is rapidly growing resulting in factories running at 100 per cent utilisation, which improves the health of the power industry. There is renewed interest and visibility for the industry among all stakeholders. Even at the central government level, there is a lot of positive focus on renewable energy and that is very heartening to see.”

Applied Materials performance and growth strategies
Highlighting the company’s performance during last year Cellere says, ‘In our solar business, we have seen very strong customer momentum and are gratified for their continuous trust in our technologies and products.”

He briefs, “Today, the Indian market is still dominated by modules manufactured abroad; but this is changing and we expect more cell and module production capacity to come online in India. We are supporting our customers with low cost of ownership tools and technologies that can be quickly ramped to high-volume manufacturing, without compromising on cell performance or reliability.” The company is also building local infrastructure to more fully support its solar customers and help accelerate the market in India.

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Android App
Android App
EPR eMagazine April 2024
EPR eMagazine April 2024
EPR eMagazine April 2024

Events

International Geotechnical Innovation Conference
International Geotechnical Innovation Conference
EL Asia
EL Asia
Global Energy Digitalisation Conclave
Global Energy Digitalisation Conclave
India Energy Storage Week
India Energy Storage Week
World battery and energy storage industry expo
World battery and energy storage industry expo
Green Hydrogen Summit
Green Hydrogen Summit
POWERGEN India
POWERGEN India
Windergy
Windergy

Our Sponsors

Rayzon Solar Pvt Ltd
Rayzon Solar Pvt Ltd
Doble Engineering
Doble Engineering
Allied Power Solutions
Allied Power Solutions
Nirmal
Nirmal
KEI Industries Limited
KEI Industries Limited
Maco Corporation India Pvt Ltd
Maco Corporation India Pvt Ltd
Meco Instruments Pvt Ltd
Meco Instruments Pvt Ltd
Icon Solar-En Power
Icon Solar-En Power
Novasys
Novasys
Testo India
Testo India
Mecc-Alte India
Mecc-Alte India
Newtech Switchgear
Newtech Switchgear
Triveni Turbine ltd
Triveni Turbine ltd
Aeron Composite Pvt Ltd
Aeron Composite Pvt Ltd
Winsun
Winsun
A-1 ELECTRICALS
A-1 ELECTRICALS
Allied Moulded Enclosure Products
Allied Moulded Enclosure Products
ANUSHREE ELECTRICAL ENGINEERS
ANUSHREE ELECTRICAL ENGINEERS
Ashone Technologies
Ashone Technologies
Citroen Switchgears Pvt. Ltd.
Citroen Switchgears Pvt. Ltd.
Electrotherm
Electrotherm
KVTEK Power Systems
KVTEK Power Systems
MENNEKES Electric India
MENNEKES Electric India
Om Technical Solutions
Om Technical Solutions
PRAMA HIKVISION INDIA
PRAMA HIKVISION INDIA
Motwane Manufacturing
Motwane Manufacturing