India PV market

Polaris solar PV net news: India is an emerging economy, India business must experience “India characteristic” test, while China’s export India larger photovoltaic cells, modules, encountered greater possibilities of trade protection.

India PV market

In the past year, India is the world’s most respected PV market. Benefit from the Government’s ambitious solar energy development plan, India’s PV installed capacity is growing exponentially.

International Renewable Energy Agency data shows that 2015 India new PV installed capacity 1.905GW, rose 141%, ranked fifth in the new PV installed capacity around the world, after China, Japan and the United States and the United Kingdom.

India lighting is rich in resources, while energy shortages in 2014, India’s new Prime Minister elected Mr MODI, solar power as India’s energy supply “the ultimate solution”, presented by 2022 100GW machine vision. Under the stimulus of the visible hand of the Government, India’s PV market is expanding rapidly. Third-party consulting firm BridgetoIndia forecast in 2016, India new PV installed capacity will reach 4.8GW.

Recognized as the industry, India is a PV market with huge potential, and as a regional market, India of China PV industry is more and more important. China Solar PV products import and export Chamber of Commerce Secretary General Jason predicted that by the end of this year, India is likely to surpass Japan, becoming China’s first photovoltaic cell, module exports market.

He moved to India

Chinese PV companies to enter India, and India PV market growth to match. The other hand, China’s major export markets such as the European Union and the United States have imposed on Chinese PV enterprises anti-dumping, anti-subsidy tax, Chinese PV companies have stepped up to develop India market.

Rose electronics technology company in Nanjing Wang Xiaojuan, international marketing manager recalls, she in India the first photovoltaic project, is an off-grid for pump project to provide electricity, this is similar to early Chinese photovoltaic market.

In 2009, India Government began to encourage the development of photovoltaic industry. First in India most Western Gujarat State to introduce solar energy incentives. By November of that year, India ushered in the first turning point of the photovoltaic industry, India promulgated the national solar energy plan, target by 2022 and PV installed capacity 22GW.

India is a huge stimulus for the development of the photovoltaic industry. In 2000, India PV installed capacity of only 0.001GW, until the end of 2010, India PV installed capacity but also 0.189GW. To achieve India’s national solar energy plan, meant for the next 12 years, every year more than 1GW of PV installed capacity.

As the India market growth, some of the international outlook of the Chinese PV industry begins in India doing business. Typical such as Trina solar (TSL. N)。 In June this year, Trina declared, India total PV module sales have reached 1GW,2015 years in India market share is about 20%. Trina solar at the end of 2010 into the India market, was the first to enter India PV market, one of the Chinese PV industry.

Overseas market of China PV companies generally turn to India is in 2013, the fuse is PV enterprises, China in 2013, the EU’s anti-dumping and countervailing duty final. EU PV double reverse and finally to achieve “price promise” in the form of end, Chinese companies may not be sold in the EU to below the minimum price commitments and set a ceiling of solar products in the EU market share in China.

In addition, due to cut solar subsidies in EU countries, the EU PV installed capacity decreased. In 2011, the EU new PV installed capacity up to 22.4GW,2015 years the dropped to 8GW. China PV module manufacturers choose to explore overseas emerging markets. Japan, and India as key regional markets of the Chinese PV industry layout.

Two or three lines similar to the rise in electronic science and technology of photovoltaic cell, module manufacturers give up most of the EU market. Wang Xiaojuan explained, first joined prices promise to go through the program, costs a lot of money on the other, on the premise of the lowest price promise, PV manufacturers may also be competitive, two or three small plants are more difficult to market space.

In May 2014, India people’s Party candidate, Mr MODI was elected as India’s new Prime Minister. People’s party promised during the campaign to develop clean energy.

MODI was pushing for change India’s national solar energy development plan, will expand capacity goals 5 times times, installed 100GW by 2022. India fast growing PV market, PV module manufacturers to attract China’s new increase in India’s layout.

Eastern Sunrise new Energy Corporation, 2015 years into the India market, often scoring components. Introduce Wang Hong, President of sunrise in the East, rising in the East in India did two main things, the first is to recruit locals to set up local sales team, to promote the East rising in India’s performance; second, with India’s major financial institutions to communicate and get their approval.

“Early this year at the end of last year, we have access to the India’s biggest banks approval. “Wang Hong said, now rising in the East at the Bank, treatment with leading component manufacturers such as Trina solar, solar, etc.

Wang explained that was recognized by Bank of India module is critical. Photovoltaic power plant construction depend on bank financing, if the Bank does not recognize the component, it will affect power stations financed, so hard to end the bid. He is expected by the end of this year, rising in the East in the India market sales, to the East the Sunrise 70% per cent of total sales in overseas markets.

India business

India PV market is a market opportunity for Chinese PV companies, but most enterprises face the opportunity to generally choose a more cautious attitude.

First India customer credit risk. Trina solar’s chief operating officer, Zhu Zhiguo said, five years ago, India a local component manufacturers to buy components from TRW, payment does not arrive for a long time, SkyTeam through legal way, until this year, the payment is fully settled.

“And India people do business, don’t wait until later to ask for money. “Zhu Zhiguo said, at first we didn’t know, has previous experience in the industry now.

Like light and India customers do business, apart from the early advance, once formal delivery would require the other to settle the purchase price, or provide a bank letter of credit.

This reflected especially in the small PV enterprises.

Wang Xiaojuan told reporters that PV manufacturers, strong ability to resist risks, may also give India customer accounts, or electronic, the “1MW business (bad debts), they will drag a dead company”, so l e in India selling batteries, components do not give account.

Sea run PV Deputy Chairman Xu Xianghua introduced said, sea run in India carried out business of experience is, first, sea run established has a evaluation system, will select and scale larger, and credit records good of customer deal; second, contract content to detailed consider, avoid left vulnerability, to other opportunity; third, even is Bank of credit, also to as select those more mass of Bank.

India improve the capacity of national solar energy plan targets, the Chinese PV companies were announced in India investment plan, but India weak industrial base limited the Chinese PV industry in India investments.

For example, last May, India witnessed by Prime Minister MODI, Gao jifan, Chairman of Trina with India CEO of Welspun, VineetMittal signed a cooperation memorandum of cooperation between the two sides to be in India, 1GW 1GW battery component manufacturing base.

Zhu Zhiguo told reporters that it is willingness to representative Trina, is currently in India to invest production base has no timetable. This is because the PV industry chain, from upstream polysilicon to wafers, cells to final components, as well as ancillary and auxiliary materials, India domestic production capacity is weak, China PV industry in India to set up factories, needed raw materials still need to be shipped from China in the past.

“Under the current market price, in India to set up factories will definitely be loss. “Zhu Zhiguo said, India set up a factory than from Chinese exports of photovoltaic cells, modules, higher cost at least 5%-10%. Zhu Zhiguo says Trina optimistic about India’s prospects, at the right time, in India set up plants, “but there is no see.”

Xu Xianghua says India PV market is very large, localization is a trend. Hairun is considered in India to set up factories and upgrading domestic production line combining relative backwardness of the production line in the country to move to India.

India PV market leap another investment opportunity is India PV investment opportunities. Sales compared to components, PV needs to hold, turn, need to take on more risk. Xu Xianghua said hirun India investment strategy of power plant is, working with local power plant developers, account for only a small share, a financial investor, but also in order to bundle together and customers, “promoting the sale of components.”

Number of PV industry in India looking for investment opportunities in PV power plant, but little progress.

Wang said that Sunrise is also looking for opportunities in the East, but it was not found. India PV market has grown rapidly, photovoltaic power plant, the competition is very fierce, “is hard to find really good project.”

Trade protection risk

As China’s photovoltaic products exported to India market surge, China PV companies meet growing risk of trade protection.

As early as 2012, India to China included multiple countries and regions exporting to India initiating anti-dumping investigation of photovoltaic products. On May 22, 2014, the India Ministry of Commerce and published the final rule on the matter and recommended a $0.11-$ 0.81 per watt of the anti-dumping duty.

According to India the law, the Ministry of taxes if the resolution of the case, from the India Ministry of Commerce and industry within three months from the date of the final, before August 22, 2014, in its official bulletin published on the appropriate anti-dumping duty order.

India Finance eventually chose not to enforce the India Ministry of Commerce and industry award, India China PV industry of anti-dumping, anti-subsidy investigations ended with no tax case.

Jason believes that India double tax-free closed with India related to the new Government’s ambitious solar energy development plan, India weak local photovoltaic industry, India’s solar capacity plan, the need for an international, especially China’s PV capacity.

Mr MODI’s solar energy development needs China’s PV industry, but on the other hand, development of domestic manufacturing, Mo Dili pushing the idea.

India has been working to support the Government India domestic PV manufacturing enterprises. India national solar energy plan the photovoltaic plant is divided into two categories, a production quota will be subject to local restrictions can only buy local manufacturers of photovoltaic products; second class, there are no such restrictions.

Jason believes that India PV products to China “double reverse” no tax after closing, a second “double” the risk always exists. China to India export scale of photovoltaic products are proliferating; the other is PV industry in India market competition, India is the world’s photovoltaic products are one of the lowest average market price.

The end of 2014, China electrical import and export Chamber of Commerce has information, India might of China PV product launched a second “double”, the Chamber of Commerce of the Chinese PV industry issued a warning, but just a false alarm.

Jason believes that Chinese PV companies face a difficult situation, in India the local factory, is to avoid the possibility of “double reverse” one of the effective measures, but India industry is weak, which means Chinese PV companies must be in India investment “industrial chain”, additional investment.

Jason told reporters that now India domestic PV manufacturers are still relatively weak, India China Solar plans are needed, but with India the growth of local manufacturers, “China PV industry faces the risk of trade friction is growing.”

Original title: India PV market

Posted in Solar Charger.