{"id":13092,"date":"2013-05-28T10:10:09","date_gmt":"2013-05-28T04:40:09","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=13092"},"modified":"2013-05-28T10:10:09","modified_gmt":"2013-05-28T04:40:09","slug":"the-chinese-want-to-manufacture-solar-products-in-india-to-escape-the-looming-anti-dumping-duties","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2013\/05\/28\/the-chinese-want-to-manufacture-solar-products-in-india-to-escape-the-looming-anti-dumping-duties\/","title":{"rendered":"The Chinese want to manufacture Solar Products in India to escape the looming Anti-dumping Duties"},"content":{"rendered":"

The Indian solar manufacturing industry<\/strong> is running on fumes with 10% capacity utilization. Even the bigger capacity players like Tata Power, Indosolar and Moser Baer<\/em> are running at very low utilization as the market has been captured by imports from China<\/strong> and the US<\/strong>. It is estimated that almost 80% of the solar panels being used in India’s 1.3 GW solar plants are imported.<\/em><\/p>\n

The huge price crash in solar panel prices globally has made Indian manufacturers redundant. Most companies even in China<\/strong> are running at losses as overcapacity has led to a complete loss in pricing power. Indian companies are very small compared to the global majors like Sunpower (SPWR), Trina Solar (TSL) and Yingli Energy (YGE)<\/em>. They don’t have a chance unless the Indian government offers them some protection from foreign government subsidies. US companies like First Solar (FSLR) have become predators in the Indian market as they realize that the Indian government is weak and corrupt. Unlike Japan and China, the Indian government gives no protection to the local industry<\/em>. This is one of the reasons why India imports billions of dollars in value added equipment across all sectors like telecom, power and now renewable energy. The US government made India look like a fool by going to WTO over India’s ineffective local content policy.<\/p>\n

Read all about\u00a0Solar Products in India \u2013 Guide on Solar Energy Panels, Lanterns,Lights,Heating Equipment Suppliers<\/a>.<\/em><\/strong><\/p>\n

Earlier the Indian companies managed to export some panels into the fast growing European market. But now with overcapacity they cannot compete in the local markets, leave alone the foreign developed markets. The Chinese companies are trying to set up local factories in order to beat the potential duties which might happen in the future. <\/span>India<\/strong> is going to be the <\/span>3rd to 4th largest solar energy market in the world<\/em>. The Chinese companies desperately want a piece of the pie. Recently one of the “small” big solar player in India- <\/span>Titan Energy<\/strong>Systems<\/strong> talked about how they had received an offer for a JV from 2-3 players in China.<\/span><\/div>\n

 <\/p>\n

Renesola<\/strong> (SOL) and Trina Solar<\/strong> (TSL) already have got tie ups in place and SOL is planning to set up a solar panel factory in India soon. The capex costs of new plants have gone down drastically in the last few years due to scale and technology improvements. India’s government cannot continue its inept and corrupt ways. It needs to learn from METI and others on how to strengthen the local industries.<\/p>\n

Also read on GWI\u00a0Solar Equipment Sales falls off a cliff, only $3.6 billion sold in 2012 compared to $13 billion last year<\/a>.<\/span><\/em><\/strong><\/p>\n

<\/div>\n
\u00a0Business Standard<\/a><\/div>\n

Cornered by cheaper imports of finished products in the\u00a0solar power<\/a>\u00a0sector, including solar panels, domestic manufacturers see their only hope in anti-dumping laws in India and elsewhere.
\nWhile India commenced its anti-dumping probe against import of solar panels in November last year, the European Union (EU) has recently decided to impose anti-dumping tariffs against Chinese imports.”With these anti-dumping moves, the Chinese manufacturers are looking at entering collaborations with the local manufacturers as the Indian export channel do not attract anti-dumping laws for these products in the US or in the Europe,” Rao SYS Chodagam, founder and managing director of Hyderabad-based Titan Energy Systems Limited, said on the sidelines of a workshop here on Monday.In fact, a large Chinese player has already approached three Indian companies, including Titan Energy Systems for setting up a 500 Mw capacity, he said, refusing to reveal the name of the company.
\n
\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The Indian solar manufacturing industry is running on fumes with 10% capacity utilization. Even the bigger capacity players like Tata Power, Indosolar and Moser Baer are [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[45],"tags":[1002,2734,3242,4826,4879],"class_list":["post-13092","post","type-post","status-publish","format-standard","hentry","category-solar-renewable-energy-greeninvest","tag-china-green-stocks-greeninvest","tag-india-green-stocks-greeninvest","tag-japan-asia-world-markets-world-markets","tag-solar-equipment","tag-solar-industry"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/13092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=13092"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/13092\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=13092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=13092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=13092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}