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Solar panel imports: PCA South uncovers another money laundering offence

KARACHI: The Directorate of Post Clearance Audit (PCA) South has uncovered another trade-based money laundering. ....

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India Solar Panel Imports: India's solar panel imports set to remain higher in FY24, ET EnergyWorld

India Solar Panel Imports: Country already surpassed total PV panel imports for FY23 in first six months of FY24 ....

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india solar panel imports: India's solar panel imports set to remain higher in FY24

During the initial six months of FY24, India saw a surge in solar module imports, reaching a substantial $1,136.28 million. This surpassed the total PV panel imports for the entire FY23, which amounted to $943.53 million, according to Eninrac Consulting. ....

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Indian solar industry still heavily reliant on Chinese imports

Theres been a rapid acceleration in Indias solar manufacturing capacity, but measures to increase self-reliance have not succeeded in an industry with fast-evolving technology and volatile prices, BloombergNEF said. Around two-thirds of Indias consumption of cells and 100% of wafers came from imports since the start of 2021, and this is unlikely to fall in 2024, BloombergNEF added. ....

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Solar panel importers: Banks penalised for failing to check money laundering, over-invoicing - Business & Finance

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties on certain banks for not checking massive money. ....

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