Even with duties, Chinese PV modules will be competitive in India

Despite safeguard tariffs against certain imports of solar PV products into India, Chinese manufactured modules will remain competitive, says TrendForce. It further anticipates PV demand falling 30% in fiscal year 2018 in India, while cost pressures will mount for EPCs and project developers.

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The safeguard tariffs have been imposed on solar PV cells, whether or not assembled in modules, from China, Malaysia, Taiwan, Europe and the Americas.

According to Taiwan-based EnergyTrend, India’s imposition of safeguard tariffs for two years, which came into effect on July 30, will do little to boost the country’s domestic solar PV manufacturing landscape.