EnergyTrend, a division of TrendForce, finds that India has become the fastest growing photovoltaic (PV) market and replaced the U.K. as one of the top three exports markets for Chinese modules. Based on EnergyTrend’s latest report, the Chinese PV industry exported 12GW of modules during this half-year period, with over 6GW going to three principal overseas markets – Japan, the U.S. and India.
Orders continued to stream into the photovoltaic (PV) market during the latter half of July, according the latest PV price report by EnergyTrend, a division of TrendForce. Besides China’s domestic demand being spurred by government policy, market demands remain strong across regions, including the United States, Japan and India.
United States Department of Commerce on July 8 concluded its final ruling of the review of the anti-dumping and countervailing (AD/CVD) measures on certain Chinese photovoltaic (PV) cell imports and ruled to raise the tariff rates set in 2012. This decision will put pressures on Chinese module exporter while giving competitive advantages to Taiwanese companies.
At the start of this year, the United States Department of Commerce conducted a preliminary review of the anti-dumping and countervailing (AD/CVD) measures against Chinese photovoltaic (PV) cell imports for 2012 and reduced the overall tariff rate from 30% to 17.5%. Consequently, advantages are lost for Taiwanese cell manufacturers facing tariff rates between 11.45% and 27.55%. Cell prices since then have also seen a steady decline.
Earlier in May, American electric car maker Tesla Motors Inc. made a splash in the energy sector when it revealed a new type of lithium battery packs for home and enterprise applications. Tesla touted its new line of energy storage systems, known as Power Wall, would fundamentally change the way the world uses energy and get the world’s consumption of power down to zero carbon levels.
