India's domestic solar panel makers will submit a new petition requesting anti-dumping duties on imports of cheap batteries from China, Taiwan and Malaysia. This is a key factor in reducing solar power prices to a new low.
The Solar Energy Manufacturers Association of India withdrew its earlier petition filed in June 2017. 'Since then, import trends have made the investigation period irrelevant,' said Dhruv Sharma, CEO of Jupiter Solar Power Ltd. The survey revealed that Exports from mainland China, Taiwan, and Malaysia increased by 33-45%.
He said: 'The cost reduction has led to a substantial increase in exports, which in turn dumped more of the products in India.' 'Dhruv Sharma said prices fell about 25% during the period, hurting domestic industry and would not be fair in previous findings solve.
According to Bloomberg New Energy Finance, India imported $ 3.3 billion worth of PV modules and batteries, 90% of which came from China in 2017 (to November), while the average module price in India dropped from $ 0.53 per watt in April 2016 $ 0.34 per watt in October, as solar modules account for more than half of the total project cost, and falling prices helped power producers offer lower prices.
The first petition submitted by the Indian solar manufacturers' organization to the Indian Anti-dumping Directorate mentioned the survey period from April 2016 to June 2017.
Sharma also revealed that domestic manufacturers will soon approach the National Anti-Dumping Administration regarding the investigation period and related matters in a new petition. 'Our goal is only to obtain fair and just adjustments and amendments.'
