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Making hay

Local with solar: As China goes cheap, India loses the beat

India has a 100 GW solar target to meet by 2022. The sector was dancing to Chinese manufacturers’ tune in the past. But now, as China tweaks its policies and subsidies, India is backing out. Probably not for the best either

15/06/19

Pranav Srivilasan

Over the past couple of decades, as China poured funds into boosting its solar power sector, India has dragged its feet

As the Indian government ramped up its renewable energy ambitions starting 2015, it became a ripe opportunity for Chinese panel makers

While power producers rejoiced, and electricity tariffs at auctions and tenders fell, local solar cell and module makers struggled

Now, India’s trying to use safeguard duties and a number of schemes to prop up domestic manufacturing, but it may be too little too late

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When China sneezes, as the (modified) adage goes, the world catches a cold. And India, at least when we’re talking about solar power, is today the first to start sniffling. The year 2018-19 was a special one for India’s solar industry. For the first time since 2014, new installations of solar power declined, by about…

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