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India’s latest 1.2 GW of solar capacity awarded at $0.036 ahead of safeguarding duty fall

The Solar Energy Corporation of India’s 1.2 GW auction saw four companies – Ayana Renewable, ReNew Power, NYSE-listed Azure Power and Mahindra Susten – secure a combined capacity of 1.15 GW at INR2.54/kWh. Avaada Energy landed the remaining 50 MW, at Rs2.55.

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Temporary halt to Indian safeguarding duties on imported modules

The stay on the newly-proposed duty imposed by the Odisha High Court will offer relief to developers waiting to collect shipments from port. But companies must agree to pay the tariff at a later date if it is upheld by the judicial system.

Covid adds to Indian solar manufacturer woes

A pandemic-related sales slump has dealt another blow to domestic panel makers already faced with rising input costs and an expected surge in imports due to the scheduled wind down of safeguarding duties on foreign products from late July.

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India’s solar imports dipped 75% in ten months

Covid-19 disruption has been cited as the chief culprit as imports from China, Thailand and Vietnam slumped from April to January, but safeguarding duty also appears to have had an impact, with unaffected imports from nations such as Myanmar, Chad and Russia on the rise and Malaysian trade keeping steady.

Indian reliance on polycrystalline tech production leaves it trailing China

Polycrystalline PV technology, which is seeing its market share tumble on the global stage, still dominates India’s small solar manufacturing base and is emblematic of the R&D shortfalls in the sector, according to a survey of the state of the industry.

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Indian manufacturers request duties on PV imports

India imported $1.3 billion worth of solar cells and modules from China in fiscal 2019-20, but domestic manufacturers are now demanding a level playing field to compete against cheaper imports.

India confirms one-year extension of solar cell import duty

The ‘safeguard’ duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was introduced, in July 2018.

India will consider extending solar import duty on Friday

The Directorate-General of Trade Remedies has called a meeting of concerned parties as it considers whether to extend the duty on solar cells.

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PV imports to face 20-25% customs duty in India

The Indian government’s levy on modules could almost double to 40% within a year. Cells will see a similar rise, from an initial rate of 15%.

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Optimistic solar outlook in India dimmed by Covid-19

Developers are also expected to drag their heels over project completion during the first half of the year as the safeguarding duty applied to imported Chinese and Malaysian solar products is due to expire at the end of July.

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