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Important News Snippets from India’s Renewable Industry in June 2019

After the culmination of the Lok Sabha elections in May, the domestic renewable industry appears to be gathering momentum again

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In the month of June 2019, the most important news development in India’s renewable industry came from the United States with President Trump ending India’s designation as a beneficiary developing country. This, in turn, has ended the duty-free status of about 2,000 products amounting to approximately $6 billion, including solar cells and modules. The United States Trade Representative (USTR) exempted bifacial and a few other types of solar panels from the levy of newly-imposed safeguard duty of 25%.

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