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Ever since the Japanese government passed the Act on Special Measures concerning the Procurement of Renewable Energy in July, 2012, the amount of grid-connected installation in Japan continued to increase. According to EnergyTrend, a research division of TrendForce, 24.5GW of PV systems have passed the certification, in which, 22.5GW were systems above 10kW. It showed that the focus has started to shift from residential systems to utility-scale power plants after the new Act took place.
Last week, there were two headlines for solar industry on both positive and negative sides – the positive one was that China officially announced its new PV system installation target of 14GW in 2014, which represented a strong market demand; the negative one was that the U.S. International Trade Commission (ITC) had filed SolarWorld’s petition against dumping and subsidies.
Taiwanese manufacturers hold conservative attitudes toward shipments after Chinese Lunar New Year due to the US-China trade war and the end of fiscal year in Japan. However, according to EnergyTrend, a research division of TrendForce, major Chinese and Taiwanese manufacturers still maintain regular shipment while some of them even accelerate shipments to the US and Japan. Thus, sales revenue can still be high in February. It’s projected that the US-China trade war’s impact on Taiwanese manufacutrers won’t begin to show until March.
ITC today announced that Taiwanese and Chinese PV products exported to the U.S. have caused substantial damages to the U.S. PV industry. Henceforth, DOC will take over the following administrative processes and announce the anti-subsidy and anti-dumping tariffs by the end of March and mid-June, respectively.
EnergyTrend, a research division of TrendForce, indicates that although the Chinese Ministry of Commerce (MOFCOM) proclaimed that Europe’s solar-grade poly imports counted as “product dumping” and it caused substantial damages to Chinese poly industry, the Chinese government decided not to impose anti-dumping tariff on European poly imports. EnergyTrend believes that this will help European manufacturers to maintain their market share in the Chinese market in 2014. It can also give pressures to the ongoing USA-China trade war.