India has imposed duties on imports of solar equipment from China and Malaysia lasting two years. The aim is to kick-start a domestic industry that’s failed to take off in the face of ever-cheaper imports of solar cells and modules. China accounted for 89 percent of imports in the last financial year. The protectionist move risks setting back India’s climate change commitments by slowing the buildup of renewable energy capacity, even as prices for solar power in the world’s second-most populous nation fall to record lows.
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