The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was seen immediately after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices hold steady between $0.26 and $0.29/W.
Chinese manufacturer, JA Solar has secured a long-term buyer credit loan facility worth US$68.4 million for the procurement of equipment for its 1.5 GW wafer facility in Vietnam.
Independent PV analyst, Corinne Lin discusses the fallout of China’s recent solar PV policy decision, including decreasing utilization rates and serious oversupply; and a focus on equipment upgrades, particularly for PERC, SE, half cut and bifiacial technologies. The industry will bounce back in 2019, she concludes.
The Taiwanese analysts expect that overcapacity will force some solar players to abandon their business or file for bankruptcy. IHS Markit also sees further price declines and consolidation in the third quarter, although it does forecast signs of a speedy recovery.
The latest figures from the Taiwanese analysts show that prices for monocrystalline solar PV products have fallen sharply in a week-on-week comparison. The price drop for wafer was even stronger.
Many expansion plans are still firmly afoot in the Chinese solar PV manufacturing industry, if the information pv magazine gathered from some of the country’s leading manufacturers at last week’s Smarter E event, are anything to go by. Indeed, Tongwei , Longi, Sunport and BYD are all progressing at full speed with their capacity ramp ups.
Following Monday’s announcement, pv magazine spoke to Lior Handelsman, of SolarEdge. The company VP is adamant Huawei has infringed the Israeli firm’s intellectual property, and says defending IP will see the PV industry grow.
Former manufacturing giant establishes a foothold in the promising Australian market, and says it is in talks with developer Biosar about supplying further modules for projects in the nation.
The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.
New policies affecting all solar market segments in China are likely to lead to production overcapacity in the second half of 2018. The new regulations, announced June 1, will likely see the Chinese market decline from an expected 40-45 GW to 30-35 GW for the year, analysts report.
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