The deteriorating epidemic situation in India is attracting more attention. South Asia, Southeast Asia and other places have clearly seen the epidemic spread. The blockade measures brought about by the epidemic may once again delay the construction of photovoltaic power plants. On the other hand, the intensification of the epidemic has brought a certain degree of impact to the shipping industry in the short term, and shipping costs are expected to continue to remain high during the year. In addition, China, which has the greatest potential for installed capacity in the world, is still under pressure from fluctuations in the photovoltaic supply chain, and progress in ground solar power stations has been slow. Various signs show that the photovoltaic market in Asia in the first half of this year is relatively sluggish, and the annual installed capacity may be lower than expected at the beginning of the year.

Out of control of the epidemic, Indian developers seek another extension of the project deadline from the Ministry of Energy.

Last year, India announced that due to the slowdown in photovoltaic manufacturing and power station projects due to the complete blockade in March, the annual installed capacity was only 3.2GW, a decrease of 56% from the 7.3GW in 2019. At the beginning of this year, many analysis agencies predicted that the Indian market will usher in a rebound this year and is expected to return to the installed capacity in 2019.

However, as far as the current situation is concerned, even if the window period of less than one year before April 1, 2022 (India’s tariffs on imported photovoltaic cells and modules will be increased to 25% and 40%), it is difficult to save India’s this year. Installed capacity. On the one hand, the modules that India snapped up from China are likely to be stockpiled first, and there will be no time to install and connect to the grid during the year. On the other hand, the price of modules continues to rise due to the price increase of upstream silicon materials; photovoltaic inverters are facing a serious shortage of chips; at the same time, shipping Fees are still rising; a substantial increase in overall costs will reduce India's installed capacity this year. In 2021, India’s new photovoltaic installations are likely to remain at 3.2GW or even lower last year.

At present, due to a large number of laborers returning home to avoid the epidemic, roof installations in most parts of India are affected. Utility-scale projects are facing delays in commissioning. Some developers have begun to seek another extension of the project period from the Ministry of Energy.

The second outbreak of the epidemic caused foreign capital to flee, and suppliers strategically abandoned the market. A photovoltaic manufacturer told photovoltaics, “There are already many photovoltaic companies that have strategically put aside the Indian market. At most, they can maintain a few core customers to prevent them from being completely blank. Now modules are still being released because of tax increases. Goods. However, due to the shortage of chips, the delivery time of inverters to Indian customers is generally 4-5 months. Therefore, if there is no major improvement in the second half of the epidemic, a significant reduction in the number of installations and grids can be foreseen.

Another extreme situation occurred in maritime logistics. According to photovoltaics, Indian ports have begun to experience an increase in the abandonment rate due to the outbreak of the epidemic and the sudden increase in death toll. Many goods may be shipped when the consignee is still there. In Hong Kong, the consignee has been diagnosed or died of illness.

In such a severe market, UISOLAR maintains a spirit of cooperation that does not abandon or give up, keep in touch with the original customers in related areas, and find the best solutions, such as solar carports, ground solar mounting, and roof mounting. Minimize losses while continuing to explore new markets and look for new opportunities.