Published on November 14th, 2014 | by Mridul Chadha3
Trina Solar To Open Solar PV Module Manufacturing Hub In India
November 14th, 2014 by Mridul Chadha
Chinese solar photovoltaic module manufacturers are facing anti-dumping investigations from almost all major solar power markets from Australia to the US. As a result, many manufacturers are looking for alternatives that would allow them to escape possible anti-dumping duties.
Encouraged by the “Make In India” campaign launched by Indian Prime Minister Narendra Modi, Trina Solar has announced plans to set up solar PV module production facilities in India. CEO Zhiguo Zhu announced his company’s plans at the World Economic Forum held in New Delhi recently.
With a clear aim to escape anti-dumping duties and shed its China-centric image, Zhu stated that the company wants to have at least 20–30% of the total module production coming from outside China. So what better market than India? The Indian government has announced plans to set up 100 GW of solar power capacity over the next five years, a target more than double the target set by China between 2011 and 2015.
Zhu expressed cautious optimism about the “Make In India” campaign. He urged the Indian government to make regulations simpler and clearer so that more international companies can be attracted. If the company finds the business environment conducive, it would significantly increase its investment in India and even perhaps export modules manufactured in India.
Trina Solar is already a fairly popular brand amongst India’s solar PV project developers. Of the 2.7 GW of solar power capacity operational in India, the company has supplied modules for 280 MW capacity.
It is notable that only weeks ago the Indian government announced its decision not to implement anti-dumping duties on imported solar PV modules. It would instead promote the use of domestic solar PV modules by setting up large projects through government-owned companies.
Image Credit: Trina Solar