India defends its solar energy policy against US’s legal suit at WTO
Date: 2018-01-09   Author: Dhananjay Punekar  Category: #news

India defends its solar energy policy against US’s legal suit at WTO

India has apparently depicted a strong reaction to the U.S. administration’s recent criticism of the country’s solar power policies. According to reliable sources, in December 2017, the U.S. authorities had filed a litigation against India at the World Trade Organization (WTO) in Geneva, stating that the latter had unlawfully discriminated against the solar cells supply from foreign countries. Reports have stated that in 2013 the former had filed complaint against India alleging that its national solar program was biased and hampered U.S solar exports to the country. It has been learnt that in 2016, the U.S. administration had even won the legal case against the Indian government in the WTO, with the world trade body claiming that the latter to have violated the trade laws by forcing the developers of solar energy to make use of Indian made solar materials.

According to government officials, India has conveyed to the WTO that its main objective was to protect the regional solar sector through the implementation of tariffs on solar panels, cells, and modules to protect the regional solar market. To support its claim, it also stated that solar imports had increased from 86% in 2014-2015 to 90% in 2017-2018, which has adversely affected the regional solar material manufacturers. Sources have cited that India had issued a statement at WTO regarding its changed regulation, which conforms with the ruling of the international trade body, and has further claimed that the U.S. demand for disciplinary trade action against the nation was baseless.

As per industry experts, with rapid depletion of fossil fuel and growing menace of greenhouse gas effects, countries across the globe are focusing on the production of renewable energy. Developed countries are trying to capture a major share of global solar energy industry resulting in trade disputes and litigations. It has even been asserted by the market analysts that the recent trade disputes between India and U.S. is the result of the fight for hegemony across the emerging solar energy sector.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

India Post teams up with TCS to modernize 1.5 lakh post offices
Author: Pankaj Singh

TCS has designed and implemented the Core System Integration (CSI) program for the transformation

India Post has reportedly teamed up with global leading IT servi...


Nintendo Switch to enter the Chinese gaming market via Tencent
Author: Paroma Bhattacharya

The firm has been approved to sell a game related to Super Mario Bros. franchise of Nintendo.

Japanese gaming giant, Nintendo Co., Ltd., is reportedly setting foo...


NewBridge forms a joint venture with King Hemp NM for industrial hemp
Author: Pankaj Singh

The joint venture will use the most advanced farming and genetics techniques.

The US public company NewBridge Global Ventures, Inc., focused on the dynamic and em...