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Date: 01/07/2024

India to curb solar cell imports from China

India expects a surge in domestic solar cell-making capacity in the coming months, which will help reduce its dependence on imported materials from China to manufacture solar panels, said Renewable Energy Secretary, Mr Bhupinder Singh Bhalla, recently. The country’s cell capacity is set to jump five-fold to about 30 gigawatts a year by March 2025. This will allow the government to widen import restrictions aimed at boosting local adoption of solar power hardware and achieving the goal of increasing self-sufficiency in the sector. In a bid to wean itself off Chinese imports, India has levied taxes on some solar components and introduced a so-called approved list of models and manufacturers, a non-tariff trade barrier that’s essentially meant to keep foreign shipments out, as per a report.

source; Exim News Service: New Delhi, June 30