India’s Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty on solar glass imports from China and Vietnam after its investigation concluded that imports from these countries are undercutting the prices of the domestic industry. The landed value of the imports is below the selling price as well as the cost of the domestic industry.
Solar cell technology innovator SunDrive Solar will join forces with Chinese PV manufacturing giant Trinasolar to develop “cutting-edge” manufacturing facilities and bring Australian-made solar panels to market at scale.
Advait Infratech has signed a technology licensing agreement to gain access to Guofu Hydrogen Energy’s technology for alkaline electrolyzer production.
Sungrow will supply 1500V inverter solutions for Hero Future Energies’ multiple renewable energy projects located in India.
Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.
Kabra Extrusion Technik will produce advanced battery energy storage system (BESS) solutions based on battery cells from China’s Eve Power.
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.
The ongoing price war between top global suppliers could catalyse more competitive solar panel pricing in the Indian market, potentially leading to an increase in solar adoption at both the commercial and residential levels.
China’s SolarSpace has partnered with NTPC to provide dual-glass PV modules for NTPC’s 375 MW solar project in Bhuj, Gujarat, with Zetwerk as the supply partner.
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