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India Eyes 30 GW Polysilicon Powerhouse by 2030
21 Aug
Summary
- India plans to add 30 GW of polysilicon capacity by 2030.
- This initiative aims to attract an investment of twenty-five thousand crore rupees.
- Vanadium Redox Flow Batteries are being explored as energy storage.
India is strategically planning to expand its polysilicon manufacturing capabilities, targeting the addition of 30 gigawatts of capacity by the year 2030. This significant development is expected to draw an investment totaling twenty-five thousand crore rupees.
A specialized government scheme is being formulated to bolster the domestic production of polysilicon, a critical element in solar component manufacturing. The Union Ministry of New and Renewable Energy estimates that establishing 1 gigawatt of polysilicon and metallurgical-grade silicon capacity requires approximately Rs 850 crore.
In parallel, India is investigating Vanadium Redox Flow Batteries (VRFBs) as a promising alternative to traditional lithium-ion batteries for energy storage. These VRFBs are noted for their durability and suitability for large, stationary applications. NTPC Green Energy Limited has already placed an order for 100 megawatts of this technology, with domestic manufacturers ensuring supply.
