India x Cleantech — November 2020
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
Welcome to another issue of our new India x Cleantech series! On a monthly basis, we are pulling news from across clean technology sectors in India into a single, concise summary article about the country.
India has witnessed a sharp fall in the value of solar cells and modules imported from China between April 2017 and March 2019, the government has revealed. The decline is the direct result of safeguard duties imposed by the Indian government in 2018.
Expanding upon the trade policies enacted against other countries, the US administration recently announced the end of preferential trade treatment for India on account of its ‘developing country’ status. As part of this development, Indian solar module exports shall now attract a 25% safeguard duty.
Adani Solar, a subsidiary of Adani Green Energy, and part of the Adani Group, has set an ambitious target for itself — to achieve 50% share in India’s solar panel market which is currently dominated by Chinese equipment.
The Indian government has been advised by multiple entities not to levy import duties on solar cells and modules.
Just days after two Indian states were forced to postpone solar power auctions for 2.2 gigawatts of capacity, the federal government has given new assurances that would allay some concerns of the developers.
The United States is reportedly planning to take India back to the World Trade Organisation for violation of a decision regarding incentives for locally manufactured solar cells and modules.
Indian solar module manufacturers are in a hyperdrive to get some kind of duty on imported modules as the country stands at the cusp of perhaps the most massive solar power tender spree the world has ever seen.