The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.
The levy on modules will then almost double to 40% within a year and cells will see a similar rise, from an initial rate of 15%.
The industry needs to cut a dependence on electric vehicle battery imports from China, according to the road transport minister, who said the government is looking to support research into alternatives to lithium-ion technology.
Foreign direct investment into Indian solar concerns from China and other neighboring countries will now have to secure the approval of the Ministry of New and Renewable Energy.
The Chinese manufacturer maintained its leading volume supplier position with the highest market share while accruing over 3.6 GW module installations in India.
Market dynamics may again alter the global supply-demand picture for solar modules, leading to an increase in prices or price stabilization.
All the JinkoSolar PV modules shipped to India during January to March period of 2020 are based on mono PERC technology, comprising full-cell and half-cell modules.
The Directorate General of Trade Remedies (DGTR) has granted an extension till May 11 for the solar manufacturers and importers to file their responses as it probes the need for continuing with the imposition of safeguard duty on solar cells, whether or not assembled into modules.
The sodium-ion battery technology developer has bagged its first order from ICM Australia and is looking at India as the next destination for manufacturing with the initial target set as 1 GWh.
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.