Chinese PV manufacturers again encountered trade wars this week. The Canada Border Service Agency (CBSA) has decided to launch investigations on PV modules and laminates imported/originated in China. EU, on the other hand, proposed to exclude three Chinese PV manufacturers from the EU-China Minimum Import Price deal because of alleged agreement-violations.
Given that China is still struggling against all of the trade wars, its domestic demand strongly sustains local manufacturers’ financial performances. Cumulatively, China has reached 28GW of solar installation until the end of 2014. Moreover, supporting policies are sequentially proposed during the 2015 CPPCC. It is expectable for the nation and its local vendors to see another prosperous year.
Globally, high-efficiency PV products continue their domination of current market demand. EnergyTrend forecasts an increase of PV module export ratio from China. Besides, power battery and energy storage systems will be more crucial among the customer electronics market and renewable users
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(Graphic: Sohu)