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During these two weeks, the global PV supply chain remains relatively flat due to weak market demand. Fortunately, demands in China are expected to return and declines in PV prices would end in the second quarter, according to EnergyTrend’s market research.
China, the world’s largest PV manufacturer and the largest market, dominates the global PV supply chain. It has been facing waves of anti-dumping and countervailing investigations conducted by USA, Canada and Australia. This week, Australia’s Anti-Dumping Commission announced the conclusion for its investigation on China’s alleged dumping, determining that China’s dumping margin is negligible and will terminate the future investigation.
Meanwhile, China itself is working on establishing a healthier business environment for the PV industry. In order to build an efficient, transparent and trustable platform for PV financing, a new alliance called “China PV Power Investment and Financing Alliance” has successfully formed by a dozen of PV manufacturers, administrative institutions and governmental organizations. This new alliance aims to further prompt the nation’s PV development.
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(Photo Credit: Solar Amusement via Flickr)