In the latest tariff spat to afflict the solar world, the Directorate General of Trade Remedies will investigate a claim steel products coated with aluminum and zinc are being dumped by Far Eastern manufacturers.
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.
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.
Despite political hurdles in key markets including China and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
The Indian-headquartered EPC has set a June 2019 deadline for its plans to install 300 MW of new solar PV capacity in Vietnam, a market that is poised to boom over the next few years.
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