US cautions against lure of cheap Chinese solar imports
NEW DELHI: Solar energy developers in India should consider quality, service standards, overall costs and geopolitical implications before going for cheap Chinese imports, a top US official said.
Considering these factors, the US can offer better value to Indian solar developers, Francis R Fannon, assistant secretary of state for energy resources, told ET.
“When you are doing business, you have to look at: is this a commercial endeavour, or is this something else, and how is this deal being financed? Is it because the company is there to get returns, or is there any kind of government backing, in which case it has geopolitical implications,” he said.
