Reuters, November 20 report, Indian solar module manufacturers are facing the dual challenges of overcapacity and rapid technological iteration. Specifically, on one hand, the technical level of Indian companies is relatively low. Currently, India has approved approximately 110,000 megawatts (110 gigawatts) of solar module production capacity, but only 70%-75% of it can be compatible with next-generation mainstream technologies such as TOPCon (tunnel oxide passivated contact) and bifacial modules. On the other hand, the imbalance between supply and demand is significant. The production capacity of solar modules in India is expected to increase to 165,000 megawatts, while the domestic installation demand in India is only 4,500-5,000 megawatts. Industry insiders pointed out that against the background of global oversupply and continuous decline in component prices, small enterprises with only module production capacity and using outdated technologies will be eliminated first, while integrated industry chain enterprises with capabilities in battery, silicon wafers, and silicon ingots will have a greater advantage. The Modi government plans to promote module manufacturers to move upstream by 2028, integrating the silicon wafer and silicon ingot production stages, to reduce dependence on Chinese products. It is worth noting that due to anti-dumping investigations against China and increased tariffs, the export of Indian solar products to the United States is expected to slow down.
Original article: www.toutiao.com/article/1849630247271495/
Statement: This article represents the views of the author himself.