Weekly Review February 2nd ~ 6th

published: 2015-02-06 17:47 | editor: | category: News

In 2014, Taiwanese PV cell manufacturers have cumulatively shipped over 10GW of cell capacity, marking a new record with a growth rate as high as 20%. However, the orders would start to decline after the Chinese New Year due to U.S.’s anti-dumping and countervailing duties. EnergyTrend expects that the Taiwanese manufacturers will encounter the following challenge from March.

During this week, the global demand researches in 2014 and some manufacturers’ financial results were officially unveiled. UK has already taken Germany’s leading position in the European PV market. At the meantime, President Obama proposed to permanently extend the investment tax credit (ITC) for solar projects when he presented his budget proposal for next year. The result of this proposal would make significant difference to U.S.’s solar PV market.

(Source: Sharp Global)

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