China exported solar cells and modules worth $1,179.89 million to India in the first nine months [April to December] of the current financial year (2019-20), accounting for 77% of India’s total value of solar cell and module imports ($1,525.8 million) during the period—as per the data shared by renewable energy minister R K Singh in the Parliament recently.
In FY17, FY18, and FY19 India’s solar cell and module imports from China stood at $2,817.34 million, $3,418.96 million, and $1,694.04 million, respectively—against the country’s total solar cell and module imports worth $3,196.5 million, $3,837.6 million, $2,159.7 million, respectively.
Thus, China’s share in India’s total cell and module imports seems to have stabilized at a reduced level of 77-78% after peaking at 89% in FY18.
Countries like Thailand and Vietnam have emerged as the biggest gainers with their solar cell and module exports to India during April-December period of 2019-20 sharply increasing to $110.39 million and $127.21 million from $55.05 million and $91.97 million in 2018-19, respectively.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
Solar power system is the best invention in world.
Our Solar Street Light endeavours are generally fitting for help free lighting courses of action at any rate cost. Usage of LED Street lights in India is financially sensible and an unrivalled choice for customary lighting structures and to chop down the force bill unquestionable.
Having this valuable information at my fingertips is going to be a great help for me! Thanks for sharing
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.