India’s solar cell and module exports grow 157% in eight months

Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.

Indian solar exports are on the rise in the current fiscal year.

Image: Orb Energy

India’s exports of solar cells, whether or not assembled into modules, jumped 157% to INR13.3 billion ($187 million) in the first eight months of this fiscal year.

Exports for the whole of 2018-19 stood at INR8.47 billion and in 2017-18, INR9.13 billion, according to the Ministry of Commerce.

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Source: pv magazine