Chinese companies threaten to cut off supplies to solar power companies

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New Delhi: In the solar power sector, Chinese companies are threatening to cut off supplies to Indian solar power companies. This is the second such case in four months. JA Solar, Trina Solar and Raisen Solar have threatened not to complete the supply agreement. He blamed the increase in the price of polycion. It is used as the main raw material for making solar panels.

Indian power companies believe that Chinese companies are doing this to increase the price of solar panels. If Chinese companies cut off supplies, it could affect several gigawatt solar power projects being built in India. This has worried Indian companies like Avada Energy, Renew Power, Azure Power, O2 and Greenco. He believes his project could get stuck if the controversy escalates.

India imports 90% of its solar panels from China. If Chinese companies based in Vietnam and Thailand are included, imports could reach 5 per cent. The rest is supplied by Indian companies.

Indian companies have approached the Ministry of New and Renewable Energy against Chinese companies. He has demanded the ministry to blacklist JA Solar. He has also demanded the revocation of his BIS approval. With this they will not be able to sell their products in India.

In September last year, the price of a solar module was 18 cents per watt. This increased to 3 cents earlier this year. An executive for Indian solar power companies said that Chinese companies have now increased their prices to 5 cents.

"Rising prices will make it impossible to meet the tariffs we promised," an executive said. Polysilicon prices have risen by 3% since July last year. Since January this year, prices have risen by 15 per cent. This has increased the cost of the module by 3%.


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