China and India PV trade war!

2018-11-09

China and India PV trade war!
At the end of July, the Indian Ministry of Finance officially ruled on the investigation of safeguards against photovoltaics, which will impose a safeguards tax on solar pv products (including crystalline silicon cells and components and thin-film batteries and components) entering China, Malaysia and developed countries.

According to the Times of India, 90% of the solar cells and components used in India are imported from China and Malaysia.
The protection tax will last for two years. The tax rate for the first year (July 30, 2018, July 29, 2019) is 25%, the tax rate for the first half of the second year is 20%, and the second half is 15%.
But recent news shows that India's safeguards tax has led to high component purchase prices, and India Solar has cancelled 2.4 GW of the 3 GW bidding project.
The Indian government increased the protection tax, which on the one hand raised tariff revenues, but on the other hand pushed up the price of its domestic components. India’s installed mission this year is hard to complete.
For India, where current production capacity is still difficult to match its installed capacity, this is a double-edged sword. The guarantee tax is only implemented for two years and the tax rate is reduced year by year. It is also helpless.
India is the largest overseas export market for PV products in China. In recent years, it has been highly valued by Chinese PV companies. The data shows that the total amount of PV modules exported to India in China reached 9.46GW (1GW=1000MW) in 2017, accounting for about 25% of total exports.

Previously, China's components were the largest supplier to the Indian market, but by May 2018, the number of Chinese components exported to India was only about 3.1 GW, a decrease of about 33% compared with the same period in 2017.
By 2020, 100GW of solar installed capacity will be realized, equivalent to annual demand for photovoltaic modules in India will increase by about 10GW.
After the tax on photovoltaic industry safeguards, India’s installed capacity in 2018 fell to between 8.5 and 9.6 GW. India's own production capacity is about 2.5GW at the end of the battery, even if it is calculated according to the estimated minimum installation in India, there will be a gap of 6GW. Even considering areas such as Vietnam and Thailand that are not affected by safeguards, it is still a drop in the bucket.

This huge gap can only be filled by China's production capacity. Some analysts believe that India's approach is too radical, whether it is to protect India's domestic solar energy companies or to suppress other related countries. Modi's strongly advocated India's "World Factory" program is a slogan made in India. However, this slogan is based on India's rich and cheap resources, of which electricity is an important one. It is difficult to realize the grand blueprint of India's “world factory” by relying on the existing capital, production and technical strength of Indian PV companies.

Therefore, some experts said that India has three levels of intention: to weaken the competitiveness of Chinese component suppliers and maintain local PV manufacturers, the ultimate goal is to force Chinese companies to invest and build factories in India.

Under such circumstances, we firmly believe that India always has huge demand for solar energy products, so DAH solar participated in the PVc exhibition in New Delhi in September as usual, and visited the local cooperative and potential customers in India to seek the following Cooperation possibilities, on the other hand, DAH solar is also actively promoting BIS certification, regardless of PV modules or PV systems, and hopes to seize more Indian markets in the future. We have engaged in the production of Polycrystalline Solar Panels,Monocrystalline Solar Panels for many years. It can be used for all applications,including Civil and Commercial solar power station.


Visit us today: Dahsolarpv.com
Get a Quote Now: info@dh-solar.cn

Global Technology Leading PV Enterprise DAH Solar Co., Ltd. focuses on the R&D, manufacturing, and sales of high-efficiency power generation PV modules, integrated PV systems, and solar energy storage systems. DAH Solar committees to provide better solar solutions innovatively. With more and more needs for clean energy, DAH Solar continues to bring a more efficient, convenient, and reliable series of PV products to global users. Technological innovation and patented products With our leading technological innovation and excellent product quality, we enable global users more conveniently and stably to obtain efficient clean solar energy. We have 200 patented technologies used in our PV products. Our global patented product Full-Screen PV module achieves front A-side frameless design, which increases power generation by 6%-15% (field test result published by TUV Nord) compared to the regular PV modules. The world's first integrated PV system, SolarUnit, could maximize the installation area of the rooftop. SolarUnit made the integrated design of modules and inverters come true. SolarUnit provides users with a more efficient, convenient, safer, and beautiful residential PV system. SolarUnit promotes PV products in the era of home PV appliances. World Recognized PV Supplier DAH Solar's products have been sold in more than 100 countries and regions around the world. In Latin America, we have become the TOP 3 well-known PV companies in Brazil. In Europe, the demand for our innovative products, Full-Screen PV Modules, is exceeding supplies. Besides, to provide better service to global customers, we have established our warehouses in many countries and regions, like the EU stock in Rotterdam in the Netherlands. In addition, we have established very convenient purchase channels for global consumers. Customers can purchase DAH Solar’s products through distributors or official websites and E-commercial platforms. Social Responsibilities DAH Solar’s Solar Cells, Modules, and Inverters R&D and Production Factories Bases not only attract a large number of local high-end technical talents but also creates more than 2,000 job positions for local residents. Every year, we hold many social activities, such as donations to charities, responses to the Covid-19 pandemic, contributing to community growth, etc. to advocate for social development. Our ultimate goal is to embrace the era of clean energy to protect the environment and the behalf of mankind. Employee Development DAH Solar is committed to creating a better career development platform for our employees. We seek equity for all genders and ages in the workplace. DAH Solar offers our employees a free team-building trip, annually. We believe that refreshing is another path to creation. DAH Solar is also concerned about the health condition of our employees. That's why we provide our employees with free health checks and a full package of healthcare. At DAH Solar, we treat our employees not only as team assets but as our own families.

  • f
  • in
  • Ins
  • you
  • tw

Copyright © 2015-2024 DAH Solar Co. Ltd..All Rights Reserved.dyyseo.com

   

Free Quotes Online

Free Quotes Online

    You can contact us any way that is convenient for you. We are available 24/7 via fax, email or telephone.