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 project ...
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 ...
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 prevent serious injury to domestic manufacturers. There is ...
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 substantially in the range of 500%-800% in ...
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 duties on solar panels imported from ...
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 safeguard duty imposition. The President ...
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- Indian Electrical and Electronics Manufacturers Association (IEEMA) ...
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 import of solar cells and ...
Four Solar Developers Get Safeguard Duty Relief from CERC
The Central Electricity Regulatory Commission (CERC) has passed an order that will give compensation relief from the safeguard duty to four developers after they petitioned the commission citing the Change ...
India Likely to Hike Import Duty on Solar Equipment in the Coming Years
The Minister for Power R. K. Singh has announced that the import duty that’s currently being levied on solar equipment will be raised in the coming years. According to a ...
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, ...
Domestic Manufacturers Ask for 95% Safeguard Duty on Imported Solar Panels
The growth of India’s solar sector is being hampered by the proposed safeguard duty. Earlier this year, more than 2 GW of planned solar tenders were postponed across the three ...
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 ...
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 ...