Demand in the China’s Distributed PV market continues to increase, which caused manufacturers to come up with solutions in response to the trend. From the 8th SNEC Exhibition, which ended last week, we can see that PV service integration has become the strategic focus for Chinese manufacturers.
Global LED commercial lighting market penetration rate this year soared, with growth projected to reach 23% by the end of the 2014, according to the latest “2Q14 Silver Member- Commercial Lighting Market” by LEDinside a research division of TrendForce.
LED price for lighting applications have dropped around 3-7 percent in 2Q14. Similarly, backlight-use LED prices have also seen a decline, dipping around 5-10 percent, with direct-type TV backlight-use LEDs decreasing by 13 percent due to fierce market competition, according to the recent price report from LEDinside.