Better components - gain more sunshine
75% of the Indian PV industry uses Chinese products 15% imported from the US
People's News At present, although India has replaced China as the fastest growing economy in Asia and the world, its power supply shortage is extremely serious. In order to solve this problem, India intends to vigorously develop the renewable energy industry through industrial protection, trade protection and other policy means, especially photovoltaic power generation, but despite this, it is still difficult to get rid of its dependence on China.
According to India's "Economic Times" news, India currently has about 300 million people without electricity available, mainly concentrated in rural areas, and its power shortages bring economic losses to about 7% of its GDP. To this end, the Indian government has been working to improve the power supply problem, but due to coal shortages, transmission losses, electricity theft and other reasons have not improved. Since the incumbent President Modi’s power supply in Gujarat has been stabilized and stabilized by solar photovoltaic power generation, India is eager to achieve a renewable energy transformation, such as the recent cancellation of large-scale coal power projects over 14Gw and some mines. It will be filled by solar photovoltaic power generation. In the planning vision, India plans to reach 100 million kilowatts (100Gw) of photovoltaic installations by 2022, five times the target set by the previous government; the renewable energy target for 2020 will increase from 6% to 15%. However, there is currently no complete PV industry chain in India. The imported crystalline silicon cells are basically from China, and even the establishment of battery and component production lines needs China's help.
According to "India Solar Map (2016 Edition)" released by Indian analyst firm Brge To India, 8 out of the top 10 suppliers of photovoltaic modules in India in 2016 are from China, of which about 75% of PV installed capacity is Chinese products. 15% are imported from the United States and the rest are supplied by local manufacturers. Therefore, in order to promote the transformation of local PV companies that have long relied on imports, India has introduced some industrial protection policies. For example, at the end of July this year, India initiated anti-dumping investigations on photovoltaic cells and components imported from China, Taiwan and Malaysia. At present, China's photovoltaic industry occupies a leading position in the global industrial chain. In the case of a large power shortage and a backward PV industry, India relies only on protective policies to get rid of China's dependence and achieve energy transformation.