Finally, Chinese Govt is showing a lot of interest in rolling back their existing incentives for solar industry which will increase their sale price if not much at least to some extent. So, the sale price difference between chinese and Indian cells, panels will narrow a bit. Positive.
The Ministry has targeted internal firms by hiking the minimum capital ratio for investing in PV manufacturing projects, including silicon wafers and solar cells and modules. The new level is 30 percent, taking all parts of the solar chain to the same level as polysilicon, which was already at 30 percent.
The move is expected to deter new entrants as well as existing players from expanding ‘recklessly’, something many believe was done more in hope than a clear business plan in many cases.