The European solar association has called on Europe to set up 5 GW of solar PV module manufacturing capacity to cater to the expected around 15 GW of annual demand.
In this interview with pv magazine, the president of integrated monocrystalline PV maker Longi Solar gives his perspective on market and policy changes in China, Europe and the United States, as well as giving an update on his company’s very rapid growth.
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.
EnergyTrend has released a report suggesting that Taiwan is on its track to meet the target of building 20 GW solar PV by 2025. While decreasing module prices makes it easier for investors and stakeholders to achieve this goal, Taiwan’s module manufacturers are struggling to compete with the price developments this year. Many companies in Taiwan will, therefore, turn their eyes to the downstream market, the report claims.
According to IHS Markit, on the back of the decision to end the MIP in Europe, solar module prices will decline by up to 30%, while total project system costs will be “immediately” driven down. Overall, it forecasts PV demand to grow 40% in 2019.
In a meeting in Brussels, the majority of EU member states have decided not to re-apply the anti-dumping and anti-subsidy measures for crystalline solar PV modules and cells. As such, the undertaking on the minimum import price (MIP) is likely to end on September 3.
The proposed safeguard tariffs on imports from China and Malaysia are expected to generate a number of painful short-term impacts. Overall they are not expected to change much in the market, however, says TrendForce. What will have a bigger effect is the EU’s final MIP decision, due in September.
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