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New EV Policy Pushes Global Players to ‘Build in India’

The government, in a bid to promote India as a manufacturing destination for electric vehicles (EVs), is offering international manufacturers a reduced customs duty rate...

March 15, 2024

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Arshreet Singh

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Electric Vehicles
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Indian Solar Exports Surge by 246% YoY in Q3 2023

Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5 billion) in Q3 2022,...

November 30, 2023

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Anubhav Prakash

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Solar Exports Surge by 6,293% & Imports Fall by 34% in Q1

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year 2023, a staggering increase of 6,293%...

May 23, 2023

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Mercom Staff

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Daily Wrap-up
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Relief for Solar Developer Against Retrospective Denial of Concessional Import Duty

The Delhi High Court has granted a solar developer interim protection against the retrospective denial of a concessional rate of duty on imports for a 600 MW solar power...

December 23, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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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...

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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...

August 19, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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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...

May 25, 2022

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Rakesh Ranjan

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Manufacturing

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Solar
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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...

May 24, 2022

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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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...

February 8, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Trump-era Tariffs on Solar Imports Needed to Protect US Manufacturers: USITC

The U.S. International Trade Commission (USITC) has said that import relief to American industries producing crystalline silicon photovoltaic cells is imperative to...

November 26, 2021

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Arjun Joshi

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Markets & Policy

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Solar
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500%-800% Rise in Freight Charges Adding Financial Burden on Solar Projects

Indian solar developers face a new challenge while importing modules, especially from China. Solar companies are reporting that shipping/freight charges have shot up...

January 29, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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The Netherlands Asked to Pay €659 Million for Not Imposing Duties on Solar Imports

The European Commission (EC) has asked the Netherlands to pay €659 million (~$798.6 million) to the European Union for not imposing anti-dumping and countervailing...

December 4, 2020

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Harsh Shukla

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Markets & Policy

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Solar
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President Trump Goes After Duty Exemption for Bifacial Solar Modules, Wants 18% Duty

President of the United States, Donald Trump, has signed a proclamation emphasizing his support to revoke the exclusion of several imported bifacial solar panels from...

October 12, 2020

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Harsh Shukla

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Markets & Policy

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Solar
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India to Set up a Task Force to Establish Power Equipment Manufacturing Zones: RK Singh

The Union Minister of Power, R.K. Singh, cautioned domestic manufacturers against importing necessary equipment from ‘countries of concern.’ Singh spoke at a webinar-...

September 24, 2020

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Rahul Nair

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Grid

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Market & Policy
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DGTR To Review Continued Imposition of Safeguard Duty on Solar Cells and Modules Imports

The Directorate General of Trade Remedies (DGTR) is initiating a review investigation, for examining the need for the continued imposition of safeguard duty on the...

March 6, 2020

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Priya Sanjay

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Markets & Policy

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Solar

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