China: PV still at “take-off” stage

Share

CCID Consulting says there is “significant” potential for market demand in the country, but goes on to state that it currently has a low added value due to “restrictions” on core technologies and “limited” state supports.

Consequently, the company believes investors of the upper stream of the industry chain should have a strong research and development capability, while those of the lower stream should pay close attention to the state’s policies.

Furthermore, it says that in the upper end of the chain, the PV sector primarily relies on imports for polysilicon supplies, “due to limited domestic production capacity” and in the middle part of the chain, 95 percent of the solar batteries are produced for export. Meanwhile, it states that PV component production at the end of the industry chain “faces over capacity and low profit margins due to insufficient investment and low technical content”.

“Policy and economy risks are significant because, judging from the development of the international renewable energy industry, it relies heavily on governments’ policy supports for its advancement, “ comments Wang Xiaoning, consultant with CCID Consulting’s Energy Industry Research Center.

The company says market risks include difficulty in market access, the industry’s life cycle, as well as products’ competitiveness and growth capacity.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.