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India is transitioning its solar manufacturing subsidy from sales-linked production incentives to upfront capital expenditure support for wafers, ingots, and polysilicon. This change, announced by the MNRE secretary, aims to enhance domestic production and meet green energy targets, including a 500 GW renewable energy capacity by 2030. The ministry is also negotiating power purchase agreements and developing financial schemes for floating solar and agri-photovoltaics.