29 May '12, 9pm

Asia Report: China's Solar Giants Unite to Confront Tariff Ruling

Asia Report: China's Solar Giants Unite to Confront Tariff Ruling

Like many others, the Indian solar manufacturing industry has been unable to adapt to low prices and mass-manufacturing and has seen its export orders dry up as it finds itself unable to compete with global suppliers, leave alone the allegedly subsidized Chinese manufacturers. India has waived off import duties on solar cells and modules to promote solar power generation. Indian solar manufacturers’ only hope of survival right now is the domestic market. They have been lobbying to get basic import duties implemented on imports from China. The government has been rejecting their demands till now, but the U.S. ruling is likely to give more voice to their arguments. With the U.S. protectionism, the price of solar is expected to increase in the U.S., but in an already oversupplied international market, Chinese manufacturers will look to offload their inventory in other markets...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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