Bidding in the Indian solar industry has been deemed irrationally aggressive by 70% of CEOs responding to a survey from consultancy firm Bridge to India, however, sentiment remains upbeat about growth prospects and the overall industry.
Dr. Hitesh Doshi, chairman and managing director, of Indian PV manufacturer, Waaree Group, discusses Indian solar prices, domestic manufacturing and the International Solar Alliance.
PV Tech caught up with Sunil Jain, chief executive and executive director of Delhi-headquartered renewable energy developer, Hero Future Energies, to discuss power demand, safeguard threats, module pricing and tender activity in India's utility-scale PV segment.
India’s Ministry of New and Renewable Energy (MNRE) has issued a clarification in its guidelines for tariff-based competitive solar procurement implying that a change in duties will henceforth be covered as a ‘Change in Law’, which would give developers protection in case a safeguard, anti-dumping or any other duty is imposed.
A preliminary recommendation from India’s Directorate General of Safeguards Customs and Central Excise to impose a provisional 70% safeguard duty on solar cells imported from China and Malaysia has been branded as “ridiculous” and potentially catastrophic, by PV industry members involved in finance, project development and analysis.
India’s 100GW solar target is under threat from remedial action against imports of solar modules, unless a range of recommended solutions are considered, according to a letter from the Indian Solar Association to the Finance Ministry.
An oral hearing for India’s anti-dumping investigation was held on Tuesday, giving a chance for domestic and foreign manufacturers as well as module importers to air their cases.
The US International Trade Commission (ITC) has recommended duties and quotas in the section 201 case falling some way short of those requested by the petitioners.
