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Indian Solar Exports Surge by 246% YoY in Q3 2023

Solar cell and module exports from India surged 246% to $543.8 million (~₹45.5 billion) in the third quarter (Q3) of 2023 from $157 million (~₹12.5 billion) in Q3 2022,...

November 30, 2023

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Anubhav Prakash

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Solar Exports Surge by 6,293% & Imports Fall by 34% in Q1

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year 2023, a staggering increase of 6,293%...

May 23, 2023

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Mercom Staff

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Daily Wrap-up
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Relief for Solar Developer Against Retrospective Denial of Concessional Import Duty

The Delhi High Court has granted a solar developer interim protection against the retrospective denial of a concessional rate of duty on imports for a 600 MW solar power...

December 23, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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BCD Effect: India’s Solar Imports Down, Exports Surge 642% YoY in Q3 2022

India exported solar cells and modules worth $157 million (~₹12.76 billion) in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 642% year-over-year...

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Solar Imports in Q2 2022 Down 22% Year-Over-Year

India imported solar cells and modules worth $597.48 million (~₹47.39 billion) in the second quarter (Q2) of the calendar year (CY) 2022, a decline of 22% year-over-year...

August 19, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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Duty on Export of Steel Expected to Bring Down Cost of Solar Module Mounting Structures

The Ministry of Finance (Department of Revenue) has imposed a duty of 15% on the export of steel. The move is likely to bring down the prices of solar mounting...

May 25, 2022

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Rakesh Ranjan

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Manufacturing

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Solar
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Solar Imports in Q1 2022 Up 374% Year-Over-Year

India imported solar cells and modules worth $1.23 billion (~₹92.62 billion) in the first quarter (Q1) of the calendar year (CY) 2022, an increase of 374% compared to...

May 24, 2022

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%

In 2021, India imported solar cells and modules worth $3.52 billion (~₹262.6 billion), an increase of 641% compared to 2020. In 2020, the Indian solar sector had...

February 8, 2022

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Arjun Joshi

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Mercom Research Focus

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Other
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Trump-era Tariffs on Solar Imports Needed to Protect US Manufacturers: USITC

The U.S. International Trade Commission (USITC) has said that import relief to American industries producing crystalline silicon photovoltaic cells is imperative to...

November 26, 2021

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Arjun Joshi

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Markets & Policy

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Solar
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500%-800% Rise in Freight Charges Adding Financial Burden on Solar Projects

Indian solar developers face a new challenge while importing modules, especially from China. Solar companies are reporting that shipping/freight charges have shot up...

January 29, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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The Netherlands Asked to Pay €659 Million for Not Imposing Duties on Solar Imports

The European Commission (EC) has asked the Netherlands to pay €659 million (~$798.6 million) to the European Union for not imposing anti-dumping and countervailing...

December 4, 2020

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Harsh Shukla

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Markets & Policy

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Solar
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President Trump Goes After Duty Exemption for Bifacial Solar Modules, Wants 18% Duty

President of the United States, Donald Trump, has signed a proclamation emphasizing his support to revoke the exclusion of several imported bifacial solar panels from...

October 12, 2020

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Harsh Shukla

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Markets & Policy

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Solar
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India to Set up a Task Force to Establish Power Equipment Manufacturing Zones: RK Singh

The Union Minister of Power, R.K. Singh, cautioned domestic manufacturers against importing necessary equipment from ‘countries of concern.’ Singh spoke at a webinar-...

September 24, 2020

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Rahul Nair

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Grid

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Market & Policy
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DGTR To Review Continued Imposition of Safeguard Duty on Solar Cells and Modules Imports

The Directorate General of Trade Remedies (DGTR) is initiating a review investigation, for examining the need for the continued imposition of safeguard duty on the...

March 6, 2020

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Priya Sanjay

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Markets & Policy

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Solar
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Four Solar Developers Get Safeguard Duty Relief from CERC

The Central Electricity Regulatory Commission (CERC) has passed an order that will give compensation relief from the safeguard duty to four developers after they...

October 9, 2019

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Anjana Parikh

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Markets & Policy

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Solar

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