Dharmendra Kumar

Dharmendra Kumar

Dharmendra is an Analyst for the IHS Solar research group. His primary area of focus is the Indian PV market and the value chain from modules to EPC companies. Dharmendra closely follows PV project activity in India for the Solar Deal Tracker. He contributes with research and analysis to the global and regional reports for IHS Technology. Prior to joining Solar Energy research group, Dharmendra was an Analyst with IHS Janes & Fairplay (Defence & Maritime) teams. Dharmendra graduated from Bangalore University, India with an MSc. in Biological Sciences.


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India anti-dumping duties petition adds on to PV module procurement woes

In June 2017, a group of Indian module manufacturers filed a petition for anti-dumping duties (ADD) against foreign PV module suppliers. Jupiter Solar Power, Indosolar Limited and Websol Energy has filed the petition with the help of Indian Solar Manufacturers Association (ISMA). In reaction to the petition, the Directorate General of Anti-Dumping and Allied Duties (DGAD) opened an investigation in July against imports from China, Malaysia and Taiwan. DGAD has also released the list of suppliers who will be investigated during the on-going process. From China, it includes BYD, Canadian Solar, Hengdian, Hanwha Q Cells, JA Solar, Risen, Suntech, Shunfeng, Trina Solar, and Tongwei Solar. From Taiwan, it includes Solartech and Motech. From Malaysia, it includes First Solar Malaysia, Jinko Solar, TS Solar Tech, Panasonic Energy Malaysia, and JA Solar Malaysia. The investigation is expected to complete by mid or end of 2018. If the investigation results in increased module prices, many planned PV projects under low tender tariffs will be at risk delay, potentially slowing the growth of the market.

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Power & Energy Technology
Global Infrastructure Partners expanding in APAC

Amid rising module prices and rock bottom solar tariffs in India, mergers and consolidations of renewable energy companies are taking place. Last year, Tata Power acquired Welspun Renewables, which became one of the biggest acquisitions within the Indian PV market. Last week, Global Infrastructure Partners (GIP) announced the acquisition of Equis Energy, with important assets in India. Equis Energy is an Independent Power Producer (IPP) company. GIP will be acquiring 100% of Equis Energy for USD 5.0 billion, including assumed liabilities of USD 1.3 billion. The transaction is expected to be completed no later than at the end of Q1 2018. This is one of the largest acquisitions within the renewable energy industry to date.

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Power & Energy Technology
Key takeaways from REI 2017

IHS Markit analysts attended REI 2017. Below are some key takeaways from the show.

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Power & Energy Technology
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