Business India ×
 Climate Change

Renewable Energy
Published on: March 9, 2022, 5:45 p.m.
Import of cells for solar panels goes up
  • As Indian solar manufacturers have increased their production capacities, demand for solar cells has gone up

By Business India Editorial

The import of cells, which are used in making solar panels, has gone up since Indian solar manufacturers have increased their production capacities, it is reported. 

The value of solar cells imported from April to the end of last year stood at $633 million, topping the $572 million figure reported for the whole of the previous fiscal year.

China was the biggest source of imported solar cells from April to December, accounting for $578 million worth, with Malaysia the source of $20 million worth of products, and Thailand banking solar cell trade worth $16 million in India, according to the Ministry of Commerce and Industry data.

During the same period of the current fiscal year, India imported $2.5 billion worth of solar panels, with China accounting for 90 per cent of that trade, with $2.25 billion worth of exports. Panels from Hong Kong accounted for $201 million of Indian imports, Malaysia exported $25.3 million worth of modules to India, and Singapore $20 million.

In terms of solar module trade flows out of India, for the first nine months of fiscal year 22, India exported $81 million worth of products. The US was the biggest destination for Indian panels, and imported $59 million worth of them, to account for 73 per cent of Indian module exports.

India also exported $6.8 million worth of panels to Somalia, from April to year-end, and $4.55 million worth to South Africa.


Mobility

As companies line up new products, competition hots up

New EVs in the fray

Published on Jan. 25, 2023, 8:20 p.m.

As companies line up new products, competition hots up

Shipping

Embracing the wind to reduce emissions is a growing trend in the shipping industry

Ships get ‘greener’

Published on Jan. 25, 2023, 7:58 p.m.

Embracing the wind to reduce emissions is a growing trend in the shipping industry

Renewable Energy

BPCL signs MoU with Rajasthan to set up a 1 GW RE plant

BPCL to set up 1GW RE plant

Published on Jan. 25, 2023, 7:40 p.m.

BPCL signs MoU with Rajasthan to set up a 1 GW RE plant

Investment

The government mulls to issue its first green bonds at a 'greenium’

Green bonds on cards

Published on Jan. 25, 2023, 7:10 p.m.

The government mulls to issue its first green bonds at a 'greenium’

E-MAGAZINE

Agriculture

The introduction of black pepper as an inter-crop in the sopari and coconut orchards, has enabled farmers to cultivate crops simultaneously

Skill Development

In 2020-21, the programme reached over 112,482 girls in urban and rural locations across six states in India, including 10,000 across Delhi

Collaboration

The event brought together stakeholders and changemakers to participate in a series of conversations on global trends and recent developments

Healthcare

The programme will focus on educating children on oral health and building awareness around the dangers of tobacco use