Industry News

Solar developers are accelerating to purchase the solar cable from China

Published by Author: Joey May 03,2022

In order to catch up with the effective node of the tariff policy, Indian solar developers have stockpiled a large number of modules(including single core and twin core solar cable, MC4 connectors ), and in the first quarter of 2022, imported modules soared by 210% year-on-year.

solar cable manufactured by JZD

 

Ahead of april 1, the effective date of the Solar Cell and Module Basic Tariff (BCD), Indian solar developers purchased 9.7GW of solar modules in the first quarter of 2022, a 210% year-on-year surge in imports compared to 3.13GW in the first quarter of 2021.

 

What's the influence on solar cable market?

Obviously that will accelerate the import of solar cable for wholesalers and building contractors from India and other countries. For TOP 5 China solar cable manufacturer JZD Cable, it is the time to push it's production capacity to content to more customers from India and other countries.

 

China solar cable manufacture situation

In China, there are plenty of electrical cable manufacturer own the ability to supply solar cable, however less than 6 factories to have the enough ability to provide the solar cable with TUV certification, JZD Cable is the rare ones of those manufacturers, it has been exporting to their high quality to many regions, such as the Australia, Chile, The Philippines.

 

Given that batteries imported from China face a basic tariff of 25%, we will wait and see how high the price of Indian solar cable will rise, certainly other countries wholesalers and building contractors also will accelerate their speed to purchase the solar cable from China.

 

Welcome to contact with solar cable department of JZD Cable and will provide the latest quote to you as soon as possible.

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