A flying start to the year saw huge volumes of solar cells and modules imported to India but the scale and value of such products fell over the remainder of 2018 and export figures mirrored that trend.
The Indian government has imposed anti-dumping duty of $114.58/metric ton on tempered solar glass imports originating in or exported from Malaysia. The five-year duty will be applied to products from producers except Xinyi Solar Sdn. Bhd.
Following a petition by domestic manufacturers seeking legal protection under anti-dumping laws, the Directorate General of Trade Remedies has recommended the imposition of duties ranging from $537-1,559/metric ton on solar ethylene vinyl acetate sheets imported from China, Malaysia, Saudi Arabia and Thailand.
From April to November, Indian imports of solar cells and modules from Singapore – worth Rs489 crore, Vietnam (Rs263 crore) and Thailand (Rs155 crore) recorded whopping annual growth rates of 242%, 440% and 2,711%, respectively.
Chinese PV manufacturer Hanergy Thin Film Power Group today announced it has achieved 24.23% cell efficiency using its silicon heterojunction technology. The efficiency has been confirmed by Japan’s Electrical Safety & Environment Technology Laboratories.
At the Korea-China Free Trade Agreement Joint Committee meeting, the South Korean government urged China to lift import measures against its polyoxymethylene, optical fiber, polysilicon and grain-oriented electrical steel. China imposed duties on polysilicon from South Korea and the United States in July 2013.
Sources have told pv magazine the authorities are ready to restart the nation’s residential rooftop segment and have also agreed upon subsidy payments for other distributed generation and utility-scale projects.
The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.
The nation still managed to attract around $11.1 billion for renewable energy in 2018, to be the world’s fifth most attractive destination for funds, according to new figures compiled by BloombergNEF.
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