The news of The Director General (Safeguards) recommending to impose 70% safeguard duty on imported solar panels and cells has created a commotion within Indian solar industry. Domestic manufacturers have had a long history (nearly 5 years) of conflict against imported solar components, as foreign (Chinese) suppliers continued dumping solar components in India at a much lower rate than existing market price. Asking for protection of domestic industry growth was a valid appeal by the domestic manufacturers. However, recent announcement of safeguard duty imposition is not what the domestic industry hoped for.
Solar industry is growing globally and the year 2017 has been the year of expansion for solar. China led the growth spectrum by adding 52 GW of new solar installations in 2017, while US (12.5 GW), India (~6 GW), Japan (5.8 GW), Germany (2.2 GW) took positions respectively. Australia, South Korea, Chile, and Turkey also became GW markets in 2017 stepping into competition for solarisation.
With awareness growing and more developing countries investing in the renewable energy mix, 2018 is estimated to bring in huge opportunities, forwarding solar revolution to new heights.
The move by United States of America to protect its domestic solar industry from imported modules has created unrest in the global solar market. Similar exercise to protect domestic solar producers is underway in India against dumped imports from China, Malaysia and Taiwan. The proposed US Safeguard measures are not likely to affect exports from India to the US, as US must exempt imports from India under the WTO Safeguard Agreement given that the share of India is nominal when compared to other countries
Excluding India from the safeguard investigation and duties that are initiated by the US can be validated as a fair appeal. A closer inspection is needed to highlight the facts and realize the background of such an appeal.
Exclusion from US Solar Safeguard Duty and Investigation: A Fair Appeal by India
Like the US, Indian domestic solar manufacturers are in favour of imposing protective measures against foreign solar modules. And in many occasion have initiated discussions with the Government and the Directorate General of Anti-Dumping and Allied Duties (DGAD) to seek a favourable solution.
The world has already accepted renewable energy (especially solar) as future mainstream energy instead of fossil fuels. And now global energy moves show an interesting pattern that highlights global intent of utilizing the solar energy through engineering innovation.
To make a positive change in the energy scenario, the world really needs more focus on rapid solarisation. And floating solar is a successful attempt to achieve that purpose.
The Inception and Potential
The first floating solar plant was installed in Korea on Geumgwang reservoir in Anseong, Gyeonggi Province in 2014. The plant had a 465 kW energy generation capacity and consisted of 1,600 solar modules. The inception brought insight on the benefits of such installations. And in 2015, Japan announced the installation of then largest floating solar plant, comprising of 9,000 solar panels. However, within 2016, a much bigger installation of floating solar plant (consisting of 23,000 panels) was inaugurated on Thames, capable of producing 6.3 MW energy.
As an entrepreneur, when you are trying to create your business from scratch, and have found something excessively simple yet unseen to the world, it is your sacred responsibility to yourself and the world to make your everyday productive. It is how you can help your fragile and precious business dream to grow, spread, and find the form that will change the world in a certain manner.
While on such a noble pursuit, an entrepreneur must make certain changes to his/her daily actions, to maintain focus on the goal, side-lining distractions.