The demand of China's photovoltaic market is expec

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China's photovoltaic market demand is expected to shrink by 40% in 2018

recently, GTM research, an international research institution, released a report showing that with the slowdown of China's photovoltaic market, serious excess capacity has led to the distortion of the market price mechanism. In 2018, China's photovoltaic demand is expected to drop from 48.2 GW to 28.8 GW, a decrease of more than 40%. Moreover, due to this long-term impact, the report also indicates that China's PV installation capacity will drop to 141gw between 2018 and 2022

according to analysis, the main reason for the slowdown of China's photovoltaic market demand is the impact of China's 531 photovoltaic new deal. Moreover, the global market is dragged down by this. The global PV demand in the third quarter of 2018 will be at a very low quarterly level since 2015

the decline in demand in China's photovoltaic market has led to an increase in the supply of photovoltaic modules. The expert advisory committee has been organized to prepare and publish directory guidelines for key products, key enterprises and key convergence areas, which has promoted the accelerated decline in module prices, although due to the existing or possible protective tariffs, The cost of PV project brought by the decline of PV module price is not so obvious in normal production. However, considering that the module cost accounts for 57% of the total project cost, the impact is considerable. In the Asian market, under the same conditions that other material testing machines are one-piece material testing machines that integrate the functions of stretching, bending, tightening, shearing and ring stiffness, the component cost will be reduced by 30%, which will reduce the capital expenditure in most markets by 10%-14%, and even 18% in India

in addition, the decline in the overall cost of photovoltaic projects has also created conditions for the recovery of other photovoltaic markets. Both traditional European and American markets and emerging markets will benefit from it. Considering the current trend of PV module price reduction, parity may also become profitable, so more developers will be willing to participate. For example, the photovoltaic demand in the United States may increase by 42% in the fourth quarter of this year

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