Thursday, September 05, 2013: Government of India had started an investigation in November 2012 as PV cells imported from countries like China, USA, Japan and Malaysia were being sold below cost. China Sunergy has made it clear that Indian government has acted beyond it powers by withholding certain information that they should have made available to all.
The conflict may widen the gulf between world’s major economies each fighting for the protection of their respective solar industries in the middle of an oversupplied market which has affected PV prices. With the increasingly growing Indian solar power sector, the production capacity has increased by around 70 times in the past three years. The dispute that has arisen is feared to hinder present investment.
The PV dumping accusations were brought about by India’s local manufacturers like Jupiter Solar Power Limited, Indosolar Limited and Websol Energy System Limited. Still First Solar based in Arizona has stated that import data is full of serious errors and it would show the imports from the U.S. were not sold at below cost levels if the report is properly rectified.
However, on the other hand Indian producers have advocated that the report was based on the most recent data available in the market. On the other hand, the U.S. Company First Solar as well as Chinese company China Sunergy has made it clear that their own written statements were authentic. The local players have claimed that the foreign companies were reduced price as low as 20 per cent which made the local companies sell just 9.76 MW contrast of their annual average of 931 MW.
