Emerging markets India wants to levy 135% tariff on China's photovoltaics

Abstract Recently, the Indian government claimed that solar panels will be imported from China, the United States and Malaysia anti-dumping duties, with the highest rate of China's photovoltaic enterprises need to bear, to $ 0.81 / watt, about 5.0513 yuan / watt. According to my country to India...
Recently, the Indian government claimed that solar panels will be imported from China, the United States and Malaysia anti-dumping duties, with the highest rate of China's photovoltaic enterprises need to bear, to $ 0.81 / watt, about 5.0513 yuan / watt.

According to China's solar panel exports to India, the price is about 0.6 US dollars / watt, the anti-dumping tax of 0.81 US dollars / watt, which means that its price will reach 1.41 US dollars / watt, the tax rate to 135%. Not only that, India, as a photovoltaic market with 1GW/year demand, occupied the seventh place in China's PV module export list last year.

Solarbuzz PV analyst Dr. Lian Rui told Securities Daily that "it is basically certain that India's anti-dumping ruling is to protect its manufacturing industry. Previously, he had issued a policy requiring local power plant components to adopt domestic products." .

Although at present, India's anti-dumping results are not irreversible, but in the face of unprecedented pressure from overseas markets, domestic manufacturers are looking for business opportunities in order to highlight the encirclement.

Implementing anti-dumping to protect Indian manufacturing

Returning to India's anti-dumping, the data shows that the lowest anti-dumping duty is US FirstSolar, which is 0.11 US dollars / watt. In addition, if the US silicon-based panels are subject to a tariff of US$0.48/watt, Chinese Taiwanese companies are required to pay a tariff of US$0.59/W, and Malaysian manufacturers will face a tariff of US$0.62/W.

In the eyes of Lian Rui, the rate of tax rates announced by India does not mean that its anti-dumping is targeted. “Before, India had introduced a policy of requiring local power station components to adopt all domestic products. Since then, due to opposition, it has adjusted its policy to require at least half of the local power station components to use domestic products.”

“Rejecting China, the United States and Malaysia’s products, India is only hoping to protect its manufacturing industry and attract PV companies to invest and build factories.” Lian Rui told reporters, “But the tax rate announced in India and its From the perspective of its own 1GW/year demand, the implementation of anti-dumping will greatly increase the construction cost of its domestic photovoltaic power station and reduce the rate of return."

In addition to the consequences of harming others, according to the "Securities Daily" reporter, it is uncertain whether India's anti-dumping policy can be implemented. On the one hand, domestic related industry organizations are studying countermeasures on this; on the other hand, India's new prime minister, Narendra Modi, does not seem to want to see this decision making India and its trading partners drift away. It is said that Modi, where Modi is located, has benefited from the vigorous development of new energy industries including photovoltaics.

In any case, the EU, the United States, India and even Australia have successively or planned to launch a “double-reverse” on China's PV, which has further squeezed the overseas market space of China's PV. At the same time, according to the new 6GW of ground power stations planned by the National Energy Administration in 2014 and the 8GW target for distributed PV, the “road strips” of the more mature commercial power stations have become scarce resources, although the industry is generally optimistic about the distributed prospects. However, under the current pattern, it is also like a "chicken rib", making it a pity to eat and taste.

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