BCD Effect: India’s Solar Imports Down, Exports Surge 642% YoY in Q3 2022
India exported solar cells and modules worth $157 million (~₹12.76 billion) in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 642% year-over-year (YoY) compared to ...
Solar Imports in Q2 2022 Down 22% Year-Over-Year
India imported solar cells and modules worth $597.48 million (~₹47.39 billion) in the second quarter (Q2) of the calendar year (CY) 2022, a decline of 22% year-over-year (YoY), according to ...
Duty on Export of Steel Expected to Bring Down Cost of Solar Module Mounting Structures
The Ministry of Finance (Department of Revenue) has imposed a duty of 15% on the export of steel. The move is likely to bring down the prices of solar mounting ...
Solar Imports in Q1 2022 Up 374% Year-Over-Year
India imported solar cells and modules worth $1.23 billion (~₹92.62 billion) in the first quarter (Q1) of the calendar year (CY) 2022, an increase of 374% compared to the same ...
Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%
In 2021, India imported solar cells and modules worth $3.52 billion (~₹262.6 billion), an increase of 641% compared to 2020. In 2020, the Indian solar sector had imported solar modules ...
India Gets a $10.75 Billion Incentive Plan to Boost Solar, Battery & Auto Manufacturing
The central government has approved a 'production-linked incentive' (PLI) plan in ten critical sectors to enhance India's manufacturing capabilities and exports under the Atmanirbhar Bharat initiative. The government said in ...
BHEL Floats Tender for the Supply of Modules for a 32 MW Solar Project in Africa
Bharat Heavy Electricals Limited (BHEL) has floated a tender for the manufacture and supply of about 32 MW of crystalline photovoltaic (PV) solar modules. The modules would be exported to ...
Andhra Pradesh Launches Policy to Export Renewable Power to Other States
The Government of Andhra Pradesh (GoAP) has announced its Renewable Energy Export Policy 2020 for solar, wind, and wind-solar hybrid projects. The policy aims to promote the export of renewable ...
Tuticorin Port, Madhya Pradesh, Odisha, Keen to Set Up Renewable Manufacturing Hubs
The Tuticorin Port Trust and the states of Madhya Pradesh and Odisha have expressed interest in setting up renewable energy manufacturing parks in response to the Ministry of New and ...
MNRE Asks States and Ports to Locate Land for Renewable Manufacturing and Export Hubs
All states and ports in the country are expected to identify land parcels ranging between 50 and 500 acres in size in their regions that can be used to set ...
India’s Solar Imports Declined by 40% in Q1 2019
India’s solar imports witnessed significant decline year-over-year (YOY) in the first quarter (Q1) of the calendar year (CY) 2019, according to the latest trade data. Solar modules and cells of ...
Indian Solar Cell and Module Imports Decline by 37% Year-over-Year in CY 2018
In calendar year (CY) 2018, the Indian solar sector imported solar modules and cells totaling nearly $2.59 billion (~₹184.57 billion), a 37 percent decline from the $4.12 billion (~₹269 billion) ...
Neighboring Countries Can Now Buy Renewable Energy from Indian Power Generators
The Ministry of Power (MoP) has issued new guidelines for import and export of electricity and power trading with neighboring countries. The 2018 guidelines will replace the existing guidelines on cross border trade ...
India Imposes Restrictions on Export and Import of Biofuels
The Government of India has imposed restrictions on the export and import of biofuels. Recently, government issued two separate restricting orders pertaining to the import and export of biofuels in ...
Safeguard Duty and Market Slowdown Lead to Decline in Indian Solar Imports in Q2 2018
India’s solar imports declined drastically in the second quarter (Q2) of calendar year (CY) 2018. Solar modules and cells worth $436.6 million were imported by India in Q2 CY 2018, ...
Indian Solar Imports Were Up by 20% in FY 2018
Compared to FY 2016-17, Indian solar imports witnessed a 20 percent spike from approximately $3.19 billion in FY 2016-17 to nearly $3.83 billion in FY 2017-18. Imports increased toward the ...
Solar Imports to India Surge in Q1 2018
In the first quarter (Q1) of calendar year (CY) 2018, India imported solar modules and cells worth over $1 billion and exported modules and cells worth approximately $19.15 million. There ...
Siemens to Manufacture New Generation of Solar PV Inverters in India
Siemens, a supplier of transmission, distribution and smart grid solutions, launched Sinacon PV a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA. The inverter ...
TANGEDCO Proposes Cuts to Net-Metering Rates for Solar Customers
The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has proposed adopting a revised accounting methodology to cut back on tariffs for the existing net-metering program in the state. TANGEDCO has ...
With Chronic Power Shortages and 400 Million Without Power, India Losing Sight of Big Picture with Solar Anti-Dumping Case
Before examining the reasons surrounding India’s solar manufacturing anti-dumping investigation, one overarching point must be made clear: India needs power. It is estimated that there are roughly 400 million Indians ...