Shipment company

Solar cell imports jumped to $3,447 million in April-January; most shipments from China

Imports of solar cells reached $3,447 million (about Rs. 26,000 crore) in April-January 2021-22 from $572 million in the previous financial year, parliament reported on Thursday.

Imports were $1,684 million in 2019-20 and $2,160 million in 2018-19, New and Renewable Energy Minister RK Singh said in a written response to the Lok Sabha.

From April to January 2021-22, the peak import was from China at USD 3,117.78 million.

In another response, the minister said the government has set a target to install 100 GW of solar power capacity by December 2022 in the country.

On the other hand, projects of 108.91 GW have been commissioned or are in preparation.

A total of 50.78 GW of solar power capacity has been installed as of February 28, 2022. Approximately 44 GW of capacity is in various stages of implementation and 13.86 GW of capacity is in the tender phase , said the Minister.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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