India accuses US of "ruining" domestic PV industry

[paulzubrinich]

India’s Centre for Science and Technology (CSE) has launched a scathing attack on U.S. photovoltaic manufacturers, claiming they are "ruining" India’s domestic photovoltaic manufacturing industry by taking advantage of the US$30 billion Fast Start Finance Fund.

According to the center’s researchers, which are reviewing the first phase of India’s Jawaharlal Nehru National Solar Mission (JNNSM), 80% of India’s photovoltaic manufacturing capacity is in a state of "forced closure and debt restructuring", because Indian project developers are placing their equipment orders with U.S. manufacturers.

[russ]

So the Indian industry would rather import? The entire line of thought is BS.

[Naptown]

Didn't we do the same thing with China and accuse them of basically the same thing?

[bonaire]

In many ways, India is ruining the US-based IT industry. This PV stuff is small potatoes to that.