India slashes solar imports from China as domestic manufacturing thrives

[NG Missile Vessels]

In a departure from global trends, India has recorded a substantial 76 per cent drop in solar module imports from China during the first half of 2023 which reflects New Delhi's resolute shift towards self-sufficiency in solar manufacturing, a new report said on Thursday.

Year-on-year, India's solar module imports from China plummeted from 9.8 GW in the first half of 2022 to a mere 2.3 GW during the corresponding period in 2023, the report by global energy think tank Ember said.

This strategic shift, coupled with the imposition of tariffs, underscores India's determination to minimise dependency on imports and prioritise the development of its domestic manufacturing capacity.

Neshwin Rodrigues, an India Electricity Policy Analyst at Ember, said, "India's dependence on China for solar module imports is well and truly reducing post-2022. Domestic manufacturing is gaining momentum, thanks to recent policy interventions."

"As India edges closer to self-sufficiency in solar manufacturing, reliance on Chinese modules and cells is no longer a constraint. What's crucial now is creating an enabling policy environment to ensure that solar installations keep pace with the National Electricity Plan," he said.

India started levying a customs duty of 40 per cent on solar modules and 25 per cent on solar cells from April 2022 in a bid to cut imports and boost local manufacturing.

The country's commitment to reducing import dependency and nurturing a robust domestic solar manufacturing ecosystem aligns with the nation's broader goals of sustainability and energy self-reliance.

According to its updated nationally determined contributions (NDCs), which are national plans to limit global warming to 1.5 degrees Celsius, India has committed to achieving 500 GW of installed power capacity from non-fossil fuel-based resources by 2030. Solar is at the heart of this ambitious goal.

The report also said China's exports of solar panels rose by an impressive 3 per cent in the first half of 2023, reaching a total of 114 GW shipped worldwide.

This marks a substantial increase from the 85 GW exported during the same period in the previous year.

Ember's data lead, Sam Hawkins, said, "Solar growth is going through the roof." China's dominance in the solar panel manufacturing market, accounting for about 80 per cent of the global market share, has significant global implications.

More than half of the solar modules exported from China during the first half of 2023 were destined for Europe, making up 52.5 per cent of exports.

Europe experienced the most substantial absolute growth worldwide, with exports from China increasing by 47 per cent year-on-year (21 GW), reaching a total of 65 GW during the first half of 2023 compared to 44 GW in the same period the previous year.

While Europe led in absolute growth, the fastest expansion occurred in Africa and the Middle East.

South Africa witnessed a remarkable increase of 438 per cent (2.7 GW) in solar panel imports from China in the first half of 2023 compared to the same period last year.

This surge contributed to Africa's overall growth of 187 per cent (3.7 GW), making it the fastest-growing region.

Following Africa, the Middle East experienced a 64 per cent growth (2.4 GW) during the first half of 2023 compared to the previous year.

The report noted that despite the surge in solar panel exports, the gap between solar module exports and installed PV capacity is widening globally. This is attributed to stockpiling of modules in warehouses and challenges related to the installation and grid integration of solar generation.

Sam Hawkins, data lead at Ember, emphasised the need to accelerate installation and grid integration to keep pace with the global module supply, saying, "We have enough solar panels; we just need to get busy installing them." He called for policies that prioritise the rapid scaling of installation and grid integration to match the increasing module supply.

India slashes solar imports from China as domestic manufacturing thrives

Year-on-year, India's solar module imports from China plummeted from 9.8 GW in the first half of 2022 to a mere 2.3 GW during the corresponding period in 2023, the report by global energy think tank Ember said.

www.google.com

 

[Han Patriot]

View attachment 953531
In a departure from global trends, India has recorded a substantial 76 per cent drop in solar module imports from China during the first half of 2023 which reflects New Delhi's resolute shift towards self-sufficiency in solar manufacturing, a new report said on Thursday.

Year-on-year, India's solar module imports from China plummeted from 9.8 GW in the first half of 2022 to a mere 2.3 GW during the corresponding period in 2023, the report by global energy think tank Ember said.

This strategic shift, coupled with the imposition of tariffs, underscores India's determination to minimise dependency on imports and prioritise the development of its domestic manufacturing capacity.

Neshwin Rodrigues, an India Electricity Policy Analyst at Ember, said, "India's dependence on China for solar module imports is well and truly reducing post-2022. Domestic manufacturing is gaining momentum, thanks to recent policy interventions."

"As India edges closer to self-sufficiency in solar manufacturing, reliance on Chinese modules and cells is no longer a constraint. What's crucial now is creating an enabling policy environment to ensure that solar installations keep pace with the National Electricity Plan," he said.

India started levying a customs duty of 40 per cent on solar modules and 25 per cent on solar cells from April 2022 in a bid to cut imports and boost local manufacturing.

The country's commitment to reducing import dependency and nurturing a robust domestic solar manufacturing ecosystem aligns with the nation's broader goals of sustainability and energy self-reliance.

According to its updated nationally determined contributions (NDCs), which are national plans to limit global warming to 1.5 degrees Celsius, India has committed to achieving 500 GW of installed power capacity from non-fossil fuel-based resources by 2030. Solar is at the heart of this ambitious goal.

The report also said China's exports of solar panels rose by an impressive 3 per cent in the first half of 2023, reaching a total of 114 GW shipped worldwide.

This marks a substantial increase from the 85 GW exported during the same period in the previous year.

Ember's data lead, Sam Hawkins, said, "Solar growth is going through the roof." China's dominance in the solar panel manufacturing market, accounting for about 80 per cent of the global market share, has significant global implications.

More than half of the solar modules exported from China during the first half of 2023 were destined for Europe, making up 52.5 per cent of exports.

Europe experienced the most substantial absolute growth worldwide, with exports from China increasing by 47 per cent year-on-year (21 GW), reaching a total of 65 GW during the first half of 2023 compared to 44 GW in the same period the previous year.

While Europe led in absolute growth, the fastest expansion occurred in Africa and the Middle East.

South Africa witnessed a remarkable increase of 438 per cent (2.7 GW) in solar panel imports from China in the first half of 2023 compared to the same period last year.

This surge contributed to Africa's overall growth of 187 per cent (3.7 GW), making it the fastest-growing region.

Following Africa, the Middle East experienced a 64 per cent growth (2.4 GW) during the first half of 2023 compared to the previous year.

The report noted that despite the surge in solar panel exports, the gap between solar module exports and installed PV capacity is widening globally. This is attributed to stockpiling of modules in warehouses and challenges related to the installation and grid integration of solar generation.

Sam Hawkins, data lead at Ember, emphasised the need to accelerate installation and grid integration to keep pace with the global module supply, saying, "We have enough solar panels; we just need to get busy installing them." He called for policies that prioritise the rapid scaling of installation and grid integration to match the increasing module supply.

India slashes solar imports from China as domestic manufacturing thrives

Year-on-year, India's solar module imports from China plummeted from 9.8 GW in the first half of 2022 to a mere 2.3 GW during the corresponding period in 2023, the report by global energy think tank Ember said.

www.google.com

The solar cells are still made in China. They just buy the cells from China and packed them into modulea. It is like saying they make their own cellphone when LAVA essentially assembles Chineze parts and use unisoc processors.

 

[NG Missile Vessels]

The solar cells are still made in China. They just buy the cells from China and packed them into module

Reliance Industries to commission first phase of solar module factory by March

Reliance Industries (RIL) plans to commission the first phase of its 20 GW solar photovoltaic giga factory in Jamnagar by March 2024. The factory will be commissioned in four phases of 5 GW each, and after the first phase, it will be scaled up to 10 GW and then to 20 GW by 2026.

www.google.com

It is like saying they make their own cellphone when LAVA essentially assembles Chineze parts and use unisoc processors.

The most expensive parts of a smartphone such as Processor, memory chip, camera lens and touchscreen are all made in either Japan, SK or Taiwan. Some other critical parts such as gyroscope come from Germany and other countries.

If I remember correctly, even for China the IPhone indigenization percentage by value is around 20-25%. Until 2019, it was actually less than 10%. Only recently did China start manufacturing batteries, speakers etc for the IPhone which increased their percentage.

I hope at least in the next few years we can develop expertise in medium value components such as batteries and speakers. Now even though the percentage of Chinese components has increased. You can see, for most of the countries it is around 20%.

What is the threshold of value addition, for a country to be considered an iPhone manufacturers. The supplers are distributed accross the global & none of them have a majority stake (50% value addition) in iphone manufacturing.

Most ICs like DRAM, Flash, Processors, MEMS, camera module and even display which is semiconductor and battery cells are made in Taiwan, US, Japan or Korea.
These items are the crown jewels of those countries, and also make a large portion of the Bill-of-Materials cost of a phone and super spy like Chinese also has troubles stealing said tech, so at best they are limited to low end production of such items, like their ICs will use a larger technology node
(SMIC of China theoretically can do 14nm chip production, their production in reality is 20nm and below, meanwhile you have TSMC at 5nm )

The only state of the art Chinese production of this is of NAND Flash by Samsung in Xian and SK Hynix somewhere else in China.

What parts they add into their phones depends on what $$$ it's going to sell for, high-end phones with cutting edge specs will have higher percentage of imported components which are indeed state of the art, lower end phones will have greater choinees contribution, like the screen may come from BOE displays which is a chinese vendor for example.

But even with low end phones they cannot fully supplant the Ebul Phoreners and go full Atmanirbhar Cheen, market forces and customer preferences discourage it, also the capabilities of their companies.

 

[Cheepek]

Also

Whopping 364 per cent jump in India’s solar exports within a year - ET EnergyWorld

India’s solar cell and module exports by domestic original equipment manufacturers (OEMs) stood at Rs 8,840 crore in financial year 2022-23 (FY23), which is a whopping 364 per cent increase from Rs 1,819 crore in FY22, according to data shared by ICRA.

energy.economictimes.indiatimes.com

 

[Han Patriot]

Reliance Industries to commission first phase of solar module factory by March

Reliance Industries (RIL) plans to commission the first phase of its 20 GW solar photovoltaic giga factory in Jamnagar by March 2024. The factory will be commissioned in four phases of 5 GW each, and after the first phase, it will be scaled up to 10 GW and then to 20 GW by 2026.

www.google.com

View attachment 953534
View attachment 953535
View attachment 953536

The most expensive parts of a smartphone such as Processor, memory chip, camera lens and touchscreen are all made in either Japan, SK or Taiwan. Some other critical parts such as gyroscope come from Germany and other countries.
View attachment 953533
If I remember correctly, even for China the IPhone indigenization percentage by value is around 20-25%. Until 2019, it was actually less than 10%. Only recently did China start manufacturing batteries, speakers etc for the IPhone which increased their percentage.

I hope at least in the next few years we can develop expertise in medium value components such as batteries and speakers. Now even though the percentage of Chinese components has increased. You can see, for most of the countries it is around 20%.

What is the threshold of value addition, for a country to be considered an iPhone manufacturers. The supplers are distributed accross the global & none of them have a majority stake (50% value addition) in iphone manufacturing.

Most ICs like DRAM, Flash, Processors, MEMS, camera module and even display which is semiconductor and battery cells are made in Taiwan, US, Japan or Korea.
These items are the crown jewels of those countries, and also make a large portion of the Bill-of-Materials cost of a phone and super spy like Chinese also has troubles stealing said tech, so at best they are limited to low end production of such items, like their ICs will use a larger technology node
(SMIC of China theoretically can do 14nm chip production, their production in reality is 20nm and below, meanwhile you have TSMC at 5nm )

The only state of the art Chinese production of this is of NAND Flash by Samsung in Xian and SK Hynix somewhere else in China.

What parts they add into their phones depends on what $$$ it's going to sell for, high-end phones with cutting edge specs will have higher percentage of imported components which are indeed state of the art, lower end phones will have greater choinees contribution, like the screen may come from BOE displays which is a chinese vendor for example.

But even with low end phones they cannot fully supplant the Ebul Phoreners and go full Atmanirbhar Cheen, market forces and customer preferences discourage it, also the capabilities of their companies.

Chill bhai, most of the iPhone components are MADE IN CHINa albeit by foreign brands. The components will still be exported from China to be assembled by India. India is chosen for assembly not because of cost and efficiency but due to political reasons, India is not a manufacturing center for many reasons. Vietnam is actually the most suitable offshoring place, near to South China ecosystem. Huawei proved to the world a fully Chinese phone can be made, almost on par in performance with Apple. Hynix RAMs are used because our LPDDR5 ram is not ready. We are at LPDDR4x.

Lava phones will definitely use more Chineze made and branded stuff due to cost reasons, not everyone in India can afford iphones mate.

Btw, when is this solar cell centre starting? The Europeans tried, the Americans tried, you have no idea the technology and expertise required to create this industrial chain. It is not just buying equipment and building a factory. There are process technologies involved which took us decades master. Until then India is just a packing place for solar cells made in China. Alot of our re-export go through Mexico and Vietnam. Check the surplus from both country and you can see the exports from China just got rerouted and remanufactured. Essentially increasing cost for US consumers. That's mighty stupid if you ask me. I would say it is smart if you move manufacturing bck to the states but the opposite happened.

OLEd? Do you know how many countries on earth have OLEd technology? 2. KOREA AND CHINA. BOE is cheaper but not necessarily worse, Apple was supposed to buy our OLED and YMTC NAND. Guess what happened?

 

[NG Missile Vessels]

Chill bhai, most of the iPhone components are MADE IN CHINa albeit by foreign brands

The components will still be exported from China to be assembled by India. India is chosen for assembly not because of cost and efficiency but due to political reasons, India is not a manufacturing center for many reasons. Vietnam is actually the most suitable offshoring place, near to South China ecosystem. Huawei proved to the world a fully Chinese phone can be made, almost on par in performance with Apple. Hynix RAMs are used because our LPDDR5 ram is not ready.

For high end there is absolute basic chinese contribution of parts, most expensive(and hence most value addition) parts are the ICs, Battery cell, camera module, screen, the Chinaman doesn't have state of the art capabilities for any of these.

What the chinaman does is assembly

He will import the battery cell from Korea and assemble it in a ceramic or other casing with the leads etc attached
He will import various ICs, but do the OSAT on it where the IC is sealed in ceramic packaging and attached to the leads
He will import the core display panel, LCD, OLED whatever and assemble it into a screen.
He will import the camera module IC, stick it on a PCB and add the imported camera lense setup to it.

And so all these products are "Made in China" per the shipping labels or little labels on the packaging, but the core is in white masta's hands, or in his Confucian vassals like Korea, Japan or Taiwan.

The West has milked the Chinese cow well without having a critical dependency on them which they cannot fix given enough time.

Indeed, even the ubiquity of Chinese shit in the markets of the world is a blessing of the white master, Huawei is simply a trailer, as they have shown with Russia they can go much further, utteraly cut off market access for these chinese and for all DuAL CirCuLaTiOn cope of 11, Jinping, their economy is still heavily export dependent and not on domestic consumption only like he hopes.

OLEd? Do you know how many countries on earth have OLEd technology? 2. KOREA AND CHINA. BOE is cheaper but not necessarily worse, Apple was supposed to buy our OLED. Guess what happened?

Samsung gets more iPhone 15 OLED orders as Chinese firm BOE fails quality test

Samsung Display has been the OLED display panel supplier for all iPhone models released since the iPhone X, thanks to ...

www.sammobile.com

 

[Skull and Bones]

What are some good stocks to buy into in this solar cell market?

 

[protean]

What are some good stocks to buy into in this solar cell market?

Let me know too if you find out.

 

[StraightEdge]

What are some good stocks to buy into in this solar cell market?

smallcase | Stock & ETF portfolios by investment experts

A portfolio of stocks, which will get benefit from the RE sector development. Rec amount > 4 lac . Green Energy is a portfolio of stocks and is created by Niveshaay

www.smallcase.com

PS. I am no investment expert.

 

[Skull and Bones]

smallcase | Stock & ETF portfolios by investment experts

A portfolio of stocks, which will get benefit from the RE sector development. Rec amount > 4 lac . Green Energy is a portfolio of stocks and is created by Niveshaay

www.smallcase.com

PS. I am no investment expert.

No one is.

 

[maithil]

Abhi to party shuru hui hai.

 

[nahtanbob]

Chill bhai, most of the iPhone components are MADE IN CHINa albeit by foreign brands. The components will still be exported from China to be assembled by India. India is chosen for assembly not because of cost and efficiency but due to political reasons, India is not a manufacturing center for many reasons. Vietnam is actually the most suitable offshoring place, near to South China ecosystem. Huawei proved to the world a fully Chinese phone can be made, almost on par in performance with Apple. Hynix RAMs are used because our LPDDR5 ram is not ready. We are at LPDDR4x.

Lava phones will definitely use more Chineze made and branded stuff due to cost reasons, not everyone in India can afford iphones mate.

View attachment 953581

Btw, when is this solar cell centre starting? The Europeans tried, the Americans tried, you have no idea the technology and expertise required to create this industrial chain. It is not just buying equipment and building a factory. There are process technologies involved which took us decades master. Until then India is just a packing place for solar cells made in China. Alot of our re-export go through Mexico and Vietnam. Check the surplus from both country and you can see the exports from China just got rerouted and remanufactured. Essentially increasing cost for US consumers. That's mighty stupid if you ask me. I would say it is smart if you move manufacturing bck to the states but the opposite happened.

OLEd? Do you know how many countries on earth have OLEd technology? 2. KOREA AND CHINA. BOE is cheaper but not necessarily worse, Apple was supposed to buy our OLED and YMTC NAND. Guess what happened?

I understand the pain. You make it sound like Chinese invented the solar panel technology. Manufacturing something cheap does not mean you own the technology

 

[Han Patriot]

I understand the pain. You make it sound like Chinese invented the solar panel technology. Manufacturing something cheap does not mean you own the technology

Ability to manufacture cheaply depends on the process technology. China used to import alot of solar cells from Germany and Japan until we mastered the latest process tech. Pain? It is more of a ridicule mate. Every aspiring power goes through this, if you pull it off, you earn respect. Thats life, we went through it, you will go through it.

 

[Skull and Bones]

Ability to manufacture cheaply depends on the process technology. China used to import alot of solar cells from Germany and Japan until we mastered the latest process tech. Pain? It is more of a ridicule mate. Every aspiring power goes through this, if you pull it off, you earn respect. Thats life, we went through it, you will go through it.

Its the production volume leading to economy of scale and government subsidy on manufacturing that keeps the production price per unit low, there is no innovation involved in production line up that other countries cannot replicate.

 

[Han Patriot]

View attachment 953587
View attachment 953588
View attachment 953589View attachment 953590


For high end there is absolute basic chinese contribution of parts, most expensive(and hence most value addition) parts are the ICs, Battery cell, camera module, screen, the Chinaman doesn't have state of the art capabilities for any of these.

What the chinaman does is assembly

He will import the battery cell from Korea and assemble it in a ceramic or other casing with the leads etc attached
He will import various ICs, but do the OSAT on it where the IC is sealed in ceramic packaging and attached to the leads
He will import the core display panel, LCD, OLED whatever and assemble it into a screen.
He will import the camera module IC, stick it on a PCB and add the imported camera lense setup to it.

And so all these products are "Made in China" per the shipping labels or little labels on the packaging, but the core is in white masta's hands, or in his Confucian vassals like Korea, Japan or Taiwan.

The West has milked the Chinese cow well without having a critical dependency on them which they cannot fix given enough time.

Indeed, even the ubiquity of Chinese shit in the markets of the world is a blessing of the white master, Huawei is simply a trailer, as they have shown with Russia they can go much further, utteraly cut off market access for these chinese and for all DuAL CirCuLaTiOn cope of 11, Jinping, their economy is still heavily export dependent and not on domestic consumption only like he hopes.

Samsung gets more iPhone 15 OLED orders as Chinese firm BOE fails quality test

Samsung Display has been the OLED display panel supplier for all iPhone models released since the iPhone X, thanks to ...

www.sammobile.com

And yet the hindu cow is now begging to be milked? India makes nothing for Apple. Lolololol.We have like 400bil$ in surplus, you think we are stupid?

This is life, Apple makes phones in China and sella phones in China, overall it is a win win situation for both. We get to create an ecosystem. If you check your graph, it is percentage by value, but if you check it by percentage by components, I can assure you alot of tiny bits of Chinese components especially lower end mechanical stuff are inside. We lure foreign companies in with market access, build up the ecosystem, then indigenize and then compete. Most middle level Chinese phones use alot of Chinese components to cut cost, Apple choose to use higher end products, it is their choice, either way we don't care as long as they are in our ecosystem.

You can choose not to believe me, but all those manufacturers have factories in China to be near the cluster mate. Check the latest Corning info, they make gorilla glass in Chengdu. Bosch sensor tech has a factory in Suzhou. Most imports for IPhone is for ICs.

You are not even denying Apple planned to use YMTC nand and BOE oled until politics kicked in. The Koreans are getting assaulted only by Chinese companies from OLED, NANd, to LNG ships.

You think we don't make those components Apple uses.

Ericco Inertial System Supplier - ERICCO China

Ericco is a leading manufacturer of inertial navigation systems, gyro sensor, north seeker, Inertial management unit and INS.

www.ericcointernational.com

Its the production volume leading to economy of scale and government subsidy on manufacturing that keeps the production price per unit low, there is no innovation involved in production line up that other countries cannot replicate.

If you think it is that simple. Go ahead and try. Lolol