After disappointing beginnings, India's rooftop solar market is now thriving with 75% year-on-year growth. PV Tech caught up with Ron Shen, vice president, international sales and service centre at China-based PV inverter supplier GoodWe, to discuss knock-on effects of safeguard duties on modules, price pressure and market growth.
Trade delegations from India and Taiwan have failed to reach an agreement in a dispute regarding India’s safeguard duty on solar cell and module imports from developed countries as well as China and Malaysia, according to a World Trade Organisation (WTO) filing dated 2 November.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, discusses the tight-rope walk that Indian solar developers are risking with their most recent low bids in the state of Gujarat.
Despite consistent year-on-year growth in India’s solar and wind sectors, the year 2018/19 will see a substantial slowdown of -49% compared to the previous year, according to consultancy firm Bridge to India’s report ‘India RE Map-2018’.
Malaysia has requested consultations with India over its 25% safeguard duty on imports of solar cells and modules from developed countries, China and Malaysia, in a World Trade Organisation (WTO) filing dated 30 August.
India’s Ministry of Power (MOP) has sent a letter to the Central Electricity Regulatory Commission (CERC) asking it to accelerate the pass-through option in the case of any ‘change in law’ that affects power project costs, including the safeguard duty on solar imports.
China has filed a complaint at the World Trade Organisation (WTO) against the US’ 30% safeguard tariffs on solar imports as well as its renewable energy subsidies, claiming that they distort the global PV market – a move which comes as part of wider trade battle between the two global powers.
Ali Imran Naqvi, Vice President of India-based advisory and engineering firm, Gensol Group, explains why harm stemming from the Indian government's safeguard duty on solar cell and module imports might not be too pronounced nor too long-lived.