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Anti-Dumping Duty on Solar Glass Likely to Push Up Module Costs by 5% – EQ

Anti-Dumping Duty on Solar Glass Likely to Push Up Module Costs by 5% – EQ

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In Short : India’s anti-dumping duty on imported solar glass is expected to raise solar module prices by 3-5%. The move aims to protect domestic manufacturers from cheap imports, mainly from China and Malaysia. While supporting local production, the duty may increase solar project costs, prompting industry calls for balancing measures to maintain affordability and sustain renewable energy growth.

In Detail : India’s recent decision to impose an anti-dumping duty on imported solar glass is expected to impact the solar module manufacturing sector. Industry experts estimate that this move could raise solar module prices by 3-5% in the coming months.

The anti-dumping duty aims to protect domestic solar glass manufacturers from cheaper imports, primarily from countries like China and Malaysia. These imports were often priced below market rates, putting pressure on local producers.

While the duty supports domestic manufacturing and aligns with the ‘Make in India’ initiative, it also raises concerns about increased project costs. Solar developers fear that higher module prices could slow down ongoing and future solar projects.

Solar glass is a key component in photovoltaic (PV) modules, making up a significant portion of the total module cost. Any price increase in this material directly affects the overall cost of solar power generation.

Industry stakeholders have urged the government to balance the interests of domestic manufacturers and solar developers. They emphasize the need for incentives or subsidies to offset the price hike and keep solar power affordable.

Despite the potential price rise, experts believe the move will strengthen India’s solar manufacturing ecosystem in the long run. It is expected to encourage more investment in domestic production, reduce import dependence, and support the country’s renewable energy targets.

Anand Gupta Editor - EQ Int'l Media Network