ALMM Makes a Comeback! India Revives Domestic Solar Panel Approval List & others

ALMM Makes a Comeback! India Revives Domestic Solar Panel Approval List

Attention solar industry experts! The Ministry of New and Renewable Energy (MNRE) has reintroduced the Approved List of Models and Manufacturers (ALMM) program for solar photovoltaic (PV) modules, effective April 1st, 2024. This policy aims to ensure quality and promote domestic manufacturing.

• ALMM program returns, mandating pre-approved solar PV modules for specific projects.
• Primarily applies to government-funded or subsidized solar power initiatives.
• Aims to enhance quality control and support domestic solar module manufacturers.
• The scope and specific requirements of the revived ALMM program are outlined.

Stay informed! This policy shift could impact project execution timelines and vendor selection.

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Solar Panel Prices: Holding Steady or Poised to Dip? ??

Solar industry professionals, are you curious about solar panel pricing trends? This article reports that prices are currently stable, reflecting an unchanged market landscape. While some anticipated a further decrease after a significant drop in Q3 2023, these predictions haven't materialized yet.

• Solar module prices haven't budged significantly, remaining steady in recent weeks.
• This reflects a continuation of the market fundamentals that existed before.
• Some industry analysts expected prices to fall further after a Q3 2023 dip, but that hasn't happened (so far).
• Stay tuned for updates as market conditions or production costs might influence pricing.

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J&K Bank Brings Light to 1,000 Homes with Solar Power! ??

Shine a light on this heart-warming initiative! J & K Bank - Trc Srinagr has illuminated the lives of 1,000 households in Ganderbal district, Jammu and Kashmir, by distributing solar lanterns. This CSR project empowers communities and promotes sustainable energy solutions, especially for Scheduled Tribe (ST) families and priority groups.

• Increased access to clean, reliable lighting for remote communities.
• Improved quality of life through extended evening hours for studying and working.
• Reduced dependence on traditional fuels and associated health risks.
• A model for other CSR initiatives focused on clean energy access.

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