Solar module exports rises 116% in April-July

Indian exports of solar modules and cells rose 116% during April-July 2016 and touched $41 million. During that same period India imported modules and cells worth $580 million, up 52 % compared to the same four-month period (April-July) of 2015.

China is the single largest exporter of solar modules and cells to India, accounting for 82% of India’s total solar imports. Malaysia is the second largest exporter to India, accounting for a 12% share of India’s overall imports.

“Currently, United States accounts for only 1% of India’s total solar imports and it remains to be seen if imports from U.S. will increase after the recent ruling from the World Trade Organization (WTO) is enforced, which found India’s domestic content requirement discriminatory against U.S. manufacturers,” said Priyadarshini Sanjay, managing director Mercom Communications India. Read more…