As the Chinese New Year is around the corner, the PV market enters into an off-season, and short-term demand from China and Taiwan has rapidly declined. This week, spot prices of PV products continue the dropping trend lasting from the previous weeks. Most Chinese and Taiwanese will start a long vacation after they complete orders and shipment next week, while it is still unclear about how the market would be after the Chinese New Year at the moment.
China’s National Energy Administration has unveiled the national goal of installing 15GW of new solar projects in 2015. Furthermore, it publishes a series of official and financial supportive programs. The huge domestic demand can help Chinese manufacturers to secure part of their surplus production capacity.
Last but not least, EnergyTrend’s team will take part in the World Smart Energy Week 2015 exhibition in Tokyo, Japan after the Chinese New Year. Exhibitions such as PV EXPO, PV System EXPO and Battery Japan will be visited and reported.
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| (Source: 57-sun-money) |
Research
Interview
Industry and Market Highlights
- China Aims to Install 15GW of Solar Power in 2015 with Sturdier Policy
- Taiwan PV Manufacturers See Above-Average Financial Performances from November 2014 to January 2015
- Apple to Invest in First Solar for the Industry’s Largest Solar Power Plant
- Coronal Group and HelioSage Unite under the Coronal-Panasonic Eco Solutions Platform
- The 550MW Solar Power Plant Starts Commercial Operation in California
Business/Investment/Financing/Acquisition
- Trina Solar, PingAn Trust and Jiuzhou Investment Partner to Develop up to 1GW of Solar Power Plants in China
- BIG SUN Energy and SAS Sign Agreement to Distribute iPV Solar Trackers in Germany and Italy
- Duke Energy Acquires REC Solar to Boost Distributed Solar among Commercial Users
- ET Solar to Develop Commercial PPA Market in Australia with CEFC Financing
- NEXTracker Raised $25 Million Financing to Expand Services
Construction/Production/Supply Agreement
- Yingli Supplies PV Cells to One of the First PV Power Plants in East Malaysia
- Adani to Build a Solar Park with up to 10GW Capacity in Rajasthan, India
- Enphase Brings C250 Microinverter Systems to the Commercial Solar Market
- SMA Expands Its Successful Central Inverter Family With a New 1 MW Device
- SunEdison to Develop and Operate 22MW of Rooftop Solar Arrays in Los Angeles
Wind Energy
- Siemens to Supply Wind Turbines for Pattern Development’s Wind Farm in Texas
- Mainstream Renewable Power Financed $760 Million Investment for 360MW of Wind Projects in South Africa
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