Government needs to incentivise domestic solar production as China eyes curbs on tech exports: Solex Chairman
Reported by Economic Times Industry, not nibnow. We are not the publisher of this story, only the source is.
China's proposed export restrictions on solar technology threaten to create supply chain issues for India. Incentivizing domestic production and expanding local cell capacity could help protect the industry from foreign dependencies.
The government needs to incentivize domestic production of solar equipment, as China's proposed export restrictions may create supply issues. Chetan Shah, from Solex Energy, emphasized India's limited cell capacity compared to module manufacturing. He proposed extending the ALMM-II framework to support local manufacturers in meeting their demands. Collaborating with other nations could also reduce reliance on Chinese solar equipment.
Solar module manufacturing involves assembling solar cells into panels, while cell capacity refers to the production of the photovoltaic cells themselves, which is typically a more technologically demanding step.
- •Whether the government decides to extend the ALMM-II framework to support local manufacturers
- •Any official announcements regarding trade collaborations with other nations to reduce reliance on Chinese equipment
- •Developments on China's proposed export restrictions on solar technology