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Impacted by the US-China trade war, PV cell manufacturers’ utilization rates continued to drop in June, and thus affected manufacturers’ sales performances, according to EnergyTrend.
The Japanese Ministry of Economy, Trade, and Industry (METI) announced on June 17th the withdrawal of FIT certifications for 144 solar plant facilities with capacities totaling 290MW. While there are 288 approved PV projects totaled at 1950MW that have yet to enter the construction phase, METI has the right to revoke these projects’ FIT certifications if they do not start construction by the end of August, according to analysis from EnergyTrend, a subsidiary of Taiwan-based market intelligence firm TrendForce.
Following cylindrical cells price and volume usage declines, supply and demand for the technology is expected to remain flat in the second quarter of 2014, due to lowered supply coupled with slight demand increases. Additionally, manufacturers estimate prices will stabilize, ending roughly a two-year decline, according to recent findings from EnergyTrend, a subsidiary of Taiwan-based market intelligence firm TrendForce.
SolarCity recently acquired Silevo, a maker of high-efficiency solar modules. SolarCity has also merged with Zep Solar to gain access to innovative module installment technology and will pair up with Paramount Solar and Common assets to expand energy storage and electric vehicles businesses, according to EnergyTrend, a subsidiary of Taiwan-based market intelligence firm TrendForce.
Contrary to PV manufacturers’ high utilization rates spurred by UK and Japan market demands in first quarter of 2014, pricing in the PV industry is likely to drop in the following quarter, according to EnergyTrend, a subsidiary of Taiwan-based market intelligence firm TrendForce.
