India Solar Panels Domestic China

India has imposed duties on imports of solar equipment from china and malaysia lasting two years.

India solar panels domestic china.

It was imposed to support domestic manufacturers who failed to capture a respectable share in the market. India eyes private investment to open 41 new coal mines. The fast growing domestic market for solar components is dominated by chinese companies due to. These requirements which are imposed on solar power developers selling electricity to the government concern solar cells and or modules used to generate solar power.

The claims brought by the united states concern domestic content requirements dcr measures imposed by india in the initial phases of india s ongoing national solar mission. India currently has an installed solar capacity of 34 gw and a target of 100 gw by 2022. India first imposed a safeguard duty on chinese solar cells and modules in 2018. As much as 80 of india s cells and modules are imported from china.

India has imposed anti dumping duty of up to usd 1 559 per tonne on imports of a certain type of sheet used in solar cell making from china malaysia saudi arabia and thailand for five years to safeguard domestic players against cheap shipments. Import duties could make solar electricity up to 45 more expensive said sunil. There is a delay in the procurement which will cause further delays in our commissioning deadlines said sanjeev aggarwal ceo at amplus solar a leading rooftop solar developer. According to the research firm mercom india in the last three months of 2019 even with the current safeguard tariffs in place 85 of all solar modules and cells were imported from china with 5 5 and 4 coming from vietnam and thailand.

China taiwan and malaysia supply between 80 and 90 of india s solar panels according to industry estimates. The aim is to kick start a domestic industry that s failed to take off in the face of ever cheaper imports of solar cells and modules. In fy17 fy18 and fy19 india s solar imports from china stood at usd 2 817 34 million usd 3 418 96 million and usd 1 694 04 million respectively the minister said in a written reply in parliament. There has been 20 day delay so far aggarwal said.

As much as 22 gw of solar capacity is. China accounted for 89 percent of imports in the last financial year.