SNEC: Chinas PV growth faces challenges
SNEC: The market is on the path for growth but still faces major hurdles. European equipment and inverter manufacturers in particular face intensifying Chinese competition, while the countrys ambitious targets wont be reached unless the government implements its distributed PV power policy. This was the conclusion of this years SNEC PV Power Expo in Shanghai.
Industry veteran Rene Moerman, CEO of consulting company Xilia, described this year’s SNEC expo as “booming”: not in reference to the number of visitors and exhibitors, but rather the large number of new players in China that look set to pose serious competition for established European rivals. Indeed, with the exception of robots, lasers and …
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