Featured in Potential for dark days ahead – 10-2018

The MIP comes to an end

On August 21, the majority of EU member states rejected the request for the initiation of expiry reviews with regards to the antidumping and anti-subsidy measures for crystalline solar PV modules and cells originated in or consigned from the People’s Republic of China. As such, the undertaking on the minimum import price (MIP) expired on September 3, after almost five years in place. Here, Edurne Zoco, Research Director at IHS Markit looks at the changes this will likely bring to Europe’s PV market.
A 10.9 MW PV project in Southern Spain. IHS Markit expects lower module prices thanks to the end of the MIP to drive demand in Europe, with Spain one of several markets set for a boom next year. | Image: Solaria Energia

In retrospect, the actual impact of the controversial MIP in limiting the entry of modules manufactured in China and maintaining higher-module prices in Europe has been rather limited. According to IHS Markit internal data, almost 80% of modules shipped in the first half of 2018 were outside the MIP framework, many of them imported from …

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