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India Sees Record Low Solar Prices Returning on China Reforms

  • Government expects tariffs in next auction to beat record lows
  • Cheaper panels may boost installations in India: JinkoSolar
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India may be the biggest beneficiary of solar industry reforms in China that are poised to reduce prices for photovoltaic panels.

China announced last week it was halting approvals of some new solar projects this year and cutting subsidies to developers to ease its pace of expansion. That’s expected to slow demand in the world’s biggest market, weakening prices, and force the country’s manufacturers to ship more panels overseas.