India is considering multiple efforts to discourage developers to import Chinese equipment and encourage investors to develop domestic manufacturing facilities. India first imposed a safeguard duty on Chinese solar cellsContinue Reading
Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200Continue Reading
Without violating WTO’s trade rules a new solar scheme to boost local manufacturing has been drafted. The scheme is in its final stage of approval and will help local industryContinue Reading
Ministry of New and Renewable Energy (MNRE) is to introduce a scheme designed to support the installation of 7.5 GW solar capacity using home-made components. It is in the processContinue Reading
India’s solar module manufacturing capacity is set to gallop by almost 400% higher by fiscal 2025, compared with fiscal 2021, with 30-35 GW of fresh module capacity set to beContinue Reading
The safeguard duty India imposed on solar cells and modules coming from China and Malaysia, which enjoyed 85-90% market share in the country, is just a few months away fromContinue Reading
India is rapidly transforming from a solar power importer to a significant global exporter. It’s PV module exports surged to US$2 billion in FY2024, a 23-fold increase in two years.Continue Reading
India’s ambitious goal of achieving 500 GW of renewable energy capacity by 2030 is at risk due to its heavy reliance on Chinese solar equipment. The Global Trade Research InitiativeContinue Reading
