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Between January and March 2018, India's PV cell and module imports increased by 73% year-on-year, while exports fell 73%,
Mercom Capital Group said.
India's imports and exports of photovoltaic cells and modules increased by 73% in the first quarter
In the first quarter, India imported $1.
08 billion worth of PV cells and modules, compared to $799 million
in the fourth quarter of 2017.
At the same time, exports fell to $19.
15 million from $70.
18 million
in the fourth quarter of 2007.
China remains India's largest source of PV cells and modules, accounting for 91.
5%
of India's total imports.
Taiwan accounts for 4.
4% of India's total solar imports, followed by Malaysia with 1.
2% and Canada with 0.
8%.
In addition to these countries, Thailand and Vietnam also supply photovoltaic cells and modules
to India.
According to Mercom, more than 3 GW of solar power in India was connected to the grid from January to
March.
In terms of exports, Niger accounts for 32%
of India's exports.
The second largest importer of photovoltaic equipment in India is the United States, with 14%.
With the decision of the United States to exempt Indian solar products from the 30% anti-dumping duty, US imports will grow
further.
South Africa and Belgium each account for 9% of India's
export market.
,
Between January and March 2018, India's PV cell and module imports increased by 73% year-on-year, while exports fell 73%,
Mercom Capital Group said.
India's imports and exports of photovoltaic cells and modules increased by 73% in the first quarter
India's imports and exports of photovoltaic cells and modules increased by 73% in the first quarterIn the first quarter, India imported $1.
08 billion worth of PV cells and modules, compared to $799 million
in the fourth quarter of 2017.
At the same time, exports fell to $19.
15 million from $70.
18 million
in the fourth quarter of 2007.
China remains India's largest source of PV cells and modules, accounting for 91.
5%
of India's total imports.
Taiwan accounts for 4.
4% of India's total solar imports, followed by Malaysia with 1.
2% and Canada with 0.
8%.
In addition to these countries, Thailand and Vietnam also supply photovoltaic cells and modules
to India.
According to Mercom, more than 3 GW of solar power in India was connected to the grid from January to
March.
In terms of exports, Niger accounts for 32%
of India's exports.
The second largest importer of photovoltaic equipment in India is the United States, with 14%.
With the decision of the United States to exempt Indian solar products from the 30% anti-dumping duty, US imports will grow
further.
South Africa and Belgium each account for 9% of India's
export market.
,