{"id":386487,"date":"2020-11-27T11:08:21","date_gmt":"2020-11-27T05:38:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=386487"},"modified":"2020-11-27T11:08:21","modified_gmt":"2020-11-27T05:38:21","slug":"pm-modi-hints-at-incentives-for-local-production-of-solar-equipment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pm-modi-hints-at-incentives-for-local-production-of-solar-equipment\/","title":{"rendered":"PM Modi hints at incentives for local production of solar equipment"},"content":{"rendered":"<p>Demand for domestic solar cells and modules will grow to around 36 giga-watt (GW) in the next three years, Prime Minister Narendra Modi said on Thursday, underscoring the need for India to be a global manufacturing hub for renewable energy. Incentives would be given for local production of these products, he said.<\/p>\n<p>Currently, the country\u2019s domestic solar-panel capacity is around 10 GW; there is also another 3 GW of cell manufacturing facilities. However, about 50% of the country\u2019s manufacturing capacity remain unutilised as developers have preferred to import cheaper equipment, mostly from China, to build solar plants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand for domestic solar cells and modules will grow to around 36 giga-watt (GW) in the next three years, Prime Minister Narendra Modi said on Thursday, underscoring the need for India to be a global manufacturing hub for renewable energy. Incentives would be given for local production of these products, he said. Currently, the country\u2019s domestic solar-panel capacity is around 10 GW; there is also another 3 GW of cell manufacturing facilities. However, about 50% of the country\u2019s manufacturing capacity remain unutilised as developers have preferred to import cheaper equipment, mostly from China, to build solar plants.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-386487","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=386487"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/386487\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=386487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=386487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=386487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}