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According to EnergyTrend, the green energy research division of TrendForce, domestic PV demand in China seemed to be picking up. Research suggests that solar projects with capacity of above one MW are ongoing in northwestern cities in China, such as Xinjiang, Gansu, and Qinghai.
According to EnergyTrend, the green energy research division of TrendForce, manufacturers are experiencing mediocre market condition where purchase orders plunge, which caused suppliers’ inventory levels to continue rising.
According to EnergyTrend, the green energy research division of TrendForce, the demand in PV market remained sluggish. Outlook for September appears bleak, and the expected demand rebound may not occur. On the other hand, shrinking end-market subsidies has affected the return on investment (ROI) of solar systems.