The Chinese Ministry of Commerce recently issued an early warning that India may launch an anti-dumping investigation against Chinese-made solar panels within one month. This will undoubtedly worsen the Chinese PV industry, which has already been swayed by the US “double-reverse†investigation. However, some industry experts said that India’s move is not very objective at the commercial level and is limited to the game between big countries. It is not expected to have a substantial impact on Chinese companies. The warning issued by the Ministry of Commerce website said that it is reported that the Indian Ministry of Commerce and Industry has recently received an anti-dumping investigation application submitted by the solar panel industry of the country for solar panels originating in China. It is expected that an anti-dumping investigation may be initiated within one month. Indian Renewable Energy Minister Tarun Kapoor has publicly stated that some Indian companies require a 15% anti-dumping tariff on thin-film solar photovoltaic panels imported from China. He said that although India is one of the fastest growing clean energy markets in the world, Indian solar equipment manufacturers are unable to share the benefits of market expansion. He said that many local Indian companies, including Tata Ying Petroleum Solar, Indian Solar and Mosso Bell Solar, are unable to compete with Chinese companies. Li Junfeng, deputy director of the Energy Research Institute of the National Development and Reform Commission, said in an interview with China Business News that the trade volume between China and India's solar products is very small. Even if anti-dumping investigations are launched, the impact on China should be small. "India itself has no market, so the country's move has little impact on the commercial level, but it is only a manifestation of the game of big countries." Li Junfeng said. It is understood that India's "National Solar Energy Plan" plans to achieve 20 GW of photovoltaic power generation capacity in 2022, but at the same time, it is stipulated that from 2013, project operators must purchase their domestically produced photovoltaic cells. But before that, Chinese companies have the opportunity to export freely to the country. In recent years, while China's PV industry has released a large amount of new capacity, it has experienced a decline in foreign demand, resulting in a situation of overcapacity. Since the second quarter of 2011, the solar industry has entered the adjustment phase. Taking the upstream polysilicon as an example, since the beginning of this year, the price of this product has slipped to 30 US dollars / kg, and most domestic polysilicon enterprises have no profit.
Feton Corporation , https://www.ultraplantgrowled.com