India has launched an investigation into the effect of Chinese-made solar power equipment is having on India’s solar power industry.
According to Bloomberg, the European Union and the United States both extended anti-dumping duties on imports this year. Turkey has also listed anti-dumping fees.
China is the biggest producer of solar power goods on earth, and India is China’s second most important market. Indian politicians have made residential rooftop solar a priority as a way to help the country meet its electricity needs.
According to the Indian Solar Manufacturers Association, China’s solar goods undercut prices in India by nearly 40 percent.