Featured in Solar leads the European recovery – 06-2020

Module prices plunge as Covid-19 hammers demand

Some European countries and emerging markets are now showing signs of slow recovery, as the Covid-19 pandemic brought overseas markets to a shuddering halt in late March. However, demand is expected to remain weak through the beginning of the third quarter, writes PV InfoLink’s Amy Fang, as it will take time for overseas markets to snap back. Meanwhile, the Chinese market is again busy with the June 30 installation rush, as the government has left tariff timelines unchanged up to the middle of May.

By

pv magazine

15 Jun 2020

As an assistant analyst at PV InfoLink, Amy Fang focuses on researching the solar cell segment of the PV supply chain, by providing analysis of market trends and timely market information. She supports the team in producing market trend analysis and works across price forecast and production capacity data services. | Image: PV InfoLink

Cell prices have bounced back, and module manufacturers raised utilization rates at the end of April. But this rebound will be short-lived because the majority of projects to be installed by June 30 are delayed from 2019. Prices across the supply chain are likely to trend downward.Market movementFrom a demand perspective, most overseas projects had …

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