India Set To Draw Blinds on Chinese Solar Exports, Which Are Already in Decline — Panjiva
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India Set To Draw Blinds on Chinese Solar Exports, Which Are Already in Decline

China 3053 Energy - Renewables 207 India 553 Malaysia 161 Tariffs 1870

The Indian government looks set to apply “safeguarding” duties on solar panel imports from China and Malaysia of up to 70% after a court case, brought by a power generator, failed to prevent them. The duties are supposed to stop spill-over shipments from other markets – for example the U.S. after section 201 duties were applied. Imports have already begun to decline, with shipments from Malaysia down 95% in the first quarter on a year earlier. Those from China dropped 16% though still accounted for 92% of imports though.

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