Shotgunner51
RETIRED INTL MOD
- Joined
- Jan 6, 2015
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- 7,165
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India
NEW DELHI/MUMBAI (Reuters) - India's $100 billion push into solar energy over the next decade will be driven by foreign players as UN-competitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.
The money pouring into India's solar industry is likely to be soaked up by foreign-organized projects such as one run by China's Trina Solar - not the country's own solar panel manufacturers.
India, in contrast to Chinese and German efforts to protect local producers, has scrapped most restrictions on where equipment that turns sunshine into energy is bought. Last year, it dropped an anti-dumping duty on panel import.
Maharishi Solar, It stopped producing solar panels a few years back as it could not compete with foreign manufacturers, primarily Chinese. Shrivastava said import panels are as much as 45 percent cheaper thanks to subsidies in their home countries and lower borrowing costs.
Conclusion
Chinese investments in Pakistan are bad, but same Chinese money invested in India is good.
Good one bro!
Trina Solar (天合光能) is one of many leading solar energy firms in China, with advanced tech and good scale of production/sales. The panels are not cheaper but way most cost effective due to advanced tech, check their websites for details.
trinasolar.com/cn/
trinasolar.com/us/index.html
trinasolar.com/us/index.html
Contrary to Shrivastava's claim, there is no subsidy for production, nor anything on exports. The only subsidy is on domestic installation of solar energy, which varies between provinces, as part of the efforts to encourage investment of clean energy.