India’s government has increased basic customs duty (BCD) on solar inverters as part of efforts to bolster domestic manufacturing but has excluded modules from any changes.
Despite an uptick in activity in June, India added just 351MW of solar generation capacity in Q2 2020, down 64% on the previous quarter, as the industry was hit by COVID-related constraints.
A strong rebound of utility-scale solar installations in India is not expected until 2021, with just 2.5GW expected to be deployed in the second half of this year, research from JMK Research & Analytics has found.
