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Solar developers worried over rise in panel prices

Solar developers worried over rise in panel prices
Solar developers worried over rise in panel prices
They fear their returns might take a hit since tariffs for the power they will sell have already been fixed.

Synopsis

Module prices started increasing in mid-2020 because of a supply disruption caused by floods in China’s southeast province, which led to the temporary closure of Tongwei Solar, a major polysilicon-producing company.

Bengaluru: With 85-90% of the solar panels and modules used in India imported from China, an increase in prices has worried developers who have won projects that are yet to be commissioned. They fear their returns might take a hit since tariffs for the power they will sell have already been fixed.Module prices started increasing in mid-2020 because of a supply disruption caused by floods in China’s southeast province, which led to the temporary
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