Chinese companies threaten to cut off supplies to solar power companies

-


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%.


Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more