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Solar Photovoltaic (PV) Market Expanding to Reach USD

Solar PV market under duress from dependence on imports

Solar PV market under duress from dependence on imports 22:18 | 03/06/2021 The large solar panel market in this country is currently presided over by overseas investors The Indian Ministry of Commerce and Industry a fortnight ago launched an anti-dumping probe into solar cells originating from China, Thailand, and Vietnam, following a petition by the Indian Solar Manufacturers Association. The move has shocked Vietnam-based panel producers. The ministry said that solar panel products originating or imported from the three countries have a high margin of dumping, exceeding the minimum threshold of 2 per cent. The Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade said producers and exporters should contact the Indian ministry to register for questionnaires and keep abreast of relevant information coming from India. Any action deemed uncooperative could lead to India imposing anti-dumping duties, it warned.

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