India’s trade war
India is currently the second-largest market in the world for PV module demand, and with China’s domestic demand frozen since the 31/5 notification, China’s total module demand in 2018 will likely only achieve 32-34 GW. This will allow India, which may surpass 10 GW in annual demand, to reach 13% of global PV demand this year. As a result, the future trend of India’s trade war has become an influential factor in the global PV industry.
Graphic: pv magazine/Harald Schütt In July, India’s Directorate General of Trade Remedies (DGTR) recommended a safeguard duty on imports of “solar cells whether or not assembled in modules or panels” from China and Malaysia, among other countries, over a two year period, starting at 25% in year one. A duty of 20% will be imposed …
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