Indian Solar Imports Surge 448% to $1.97 Billion in 9M 2021 as Installations Pick Up
Imports of solar cells and modules increased by 448% to $1.97 billion in the first nine months (9M) of the calendar year (CY) 2021. India had imported solar cells and ...
Power Rationing in China Could Raise Commodity Prices and Disrupt Solar Supply Chain
The Chinese government has introduced an electricity rationing policy leading to some industrial sectors shutting down operations temporarily while others are operating only two to four days a week. According ...
US Solar Photovoltaic Module Shipments Up 33% in 2020
Solar photovoltaic (PV) module shipments in the United States, including imports, exports, domestic production, and sales touched a record high of 21.8 GW in 2020, 5.4 GW more than in ...
Indian Solar Imports and Exports in 1H Back to Pre-Pandemic Levels
Imports of solar cells and modules surged by a staggering 1,000% in the second quarter (Q2) of the calendar year (CY) 2021, totaling $762 million (~₹56.6 billion) as compared to ...
Can Solar Developers Take Advantage of Duty-Free Period Ahead?
Solar developers in India are facing two important dates - the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on ...
Solar Imports Up 72% YoY in Q1 2021, Exports Show a Marginal Drop of 19%
In the first quarter (Q1) of the calendar year (CY) 2021, India imported solar cells and modules amounting to $259 million (~₹18.93 billion), a 132% increase compared to Q4 CY 2020 ...
Solar Industry Weighs in on the Basic Customs Duty Implications
The Ministry of New and Renewable Energy (MNRE) recently imposed a basic customs duty (BCD) of 40% on solar modules and 25% on solar cells, starting April 1, 2022. The ...
Ministry Notifies Countervailing Duty Imposition on Solar Glass Imported from Malaysia
The Ministry of Finance has notified the levy of a countervailing duty on the cost, insurance, and freight (CIF) value on the imports of textured and tempered (whether coated or ...
NSEFI Seeks Interest Waiver to Help Solar Developers Clear Unpaid Safeguard Duty Dues
The National Solar Energy Federation of India (NSEFI) has requested the Central Board of Indirect Taxes and Customs (CBIC) to introduce a 'Legacy Dispute Resolution/Settlement Program to help eligible safeguard ...
Solar Imports in CY 2020 Down by 78%, Exports Declined by 67%
In the calendar year 2020, India imported solar cells and modules worth $475.78 million (~₹34.7 billion), a 78% drop compared to CY 2019. In CY 2019, the Indian solar sector had ...
Solar Imports in Q3 Down 77% From Last Year
According to the latest trade data, India’s solar imports were 77% lower than the same period last year, which saw $598.1 million (~₹42.2 billion) of imports. However, solar imports rose ...
Is there a Case for Basic Customs Duty on Solar Inverters?
To combat the impact of COVID-19, the government has announced various measures, and chief of them was the “Aatmanirbhar Bharat” or self-reliant India. One of the main initiatives under this ...
‘Interested Parties’ in Anti-Subsidy Investigation on Malaysian Solar Glass Imports
The Director-General of Trade Remedies (DGTR) has published a list of parties interested in its anti-subsidy investigation concerning the import of textured (tempered) glass from Malaysia. This glass is used ...
What it Takes to Ramp Up Solar Manufacturing in India
The Indian solar industry has been dependent on imported solar cells and modules since the inception of the National Solar Mission. The focus so far has been on project development ...
India Extends Imposition of Safeguard Duty on Solar Imports by Another Year
The Department of Revenue under the Ministry of Finance (MoF) has issued a notification imposing safeguard duty (SGD) on the import of solar cells and modules to India for another ...
India Set to Extend Levy of Safeguard Duty on Solar Imports by Another Year
The Director-General of Trade Remedies (DGTR) has recommended the extension of the safeguard duty (SGD) on the import of solar cells and modules to India for another year starting July ...
Power Ministry Imposes Cyber Security Measures on Imported Power Supply Components
The Ministry of Power (MoP) has issued a notice mandating all power supply system equipment, components, and parts imported into the country must pass through a check for harmful embedded ...
Highlights from DGTR Hearing on Continued Imposition of Safeguard Duty on Solar Imports
The Director-General of Trade Remedies (DGTR) conducted an oral hearing where domestic and international industry representatives put forth their representations about the continued imposition of safeguard duty (SGD) on the ...
Anti-Dumping Duty Imposed on Coated Flat Products Used in Solar Mounting Structures
The Ministry of Finance (MoF) has imposed an anti-dumping duty on aluminum and zinc coated flat products from China PR, Vietnam, and Korea RP to protect the domestic industry. These ...
Indian Solar Industry Confronts Coronavirus Crisis
The Coronavirus pandemic is proving to be the solar industry’s biggest challenge this year, and the repercussions are being felt across industries all over the globe. Global supplies have been ...
Solar Imports Declined, Exports Surged in 2019
In the calendar year (CY) 2019, India imported solar cells and modules worth $2.17 billion, a drop of almost 16% compared to CY 2018. In CY2018, the Indian solar sector ...
Import of Solar Cells and Modules Drop and Exports Rise in the First Nine Months of 2019
In the first nine months (9M) of 2019, India imported solar cells and modules worth $1.6 billion (~₹115.7 billion), a drop of around 22% compared to 9M 2018. However, exports ...
Solar Imports to India Declined by 39% in Q2 2019
India’s solar imports declined significantly in the second quarter (Q2) of the calendar year (CY) 2019. Solar modules and cells worth $399 million (~₹27.75 billion) were imported by India in ...
Solar Cell and Module Technologies in India Will be on Focus if Duties are Imposed
The Indian solar industry currently is consumed by whether a safeguard duty will be imposed or not and all the pros and cons around it. If a safeguard duty is ...
Solar Modules with Bypass Diodes Exempt From 7.5 Percent Port Duty in India
Solar modules equipped with bypass diodes will now be exempt from paying an additional duty of 7.5 percent at Indian ports, according to a new order issued by the central ...
