Wednesday, July 24, 2013

Antidumping duties on Chinese modules will lead to higher PV prices, fewer EPC providers in Europe

Antidumping duties on Chinese modules will lead to higher PV prices, fewer EPC providers in Europe, IHS

24.07.2013: In Europe, »the era of low-cost Chinese modules is now over,« according to Henning Wicht, senior director of solar research at market research firm IHS. »This will have a negative impact on solar installations, and is likely to cause many companies engaged in the EPC of solar systems to go out of business this year.« Antidumping duties on Chinese-made solar products have led to an increase in the price of solar modules in Europe, signaling the end of a period when inexpensive modules enabled rapid growth of PV installations in the region. Average prices for Chinese multicrystalline modules in Europe rose in June for the first time in 48 months (excluding a seasonal uptick in February 2013), reports IHS in a new report entitled PV Price Tracker-Modules. The average price of multicrystalline modules rose 4% in June to €0.54 ($0.71) per W, up from €0.52 in May. IHS expects prices to continue climbing in the next few months, with the average price reaching €0.55 per W by the end of September. On June 5, the EU imposed provisional antidumping duties on wafers, solar cells and modules imported from China. The duties are valid for a period of 6 months from June 6. The Commission decided to introduce the duties according to a phased approach starting with an 11.8% tariff for the first 2 months. Following that, the tariff will be raised to 47.6% for the remaining 4 months. The Commission stated that the provisional antidumping duties will counteract unfair trade practices that have harmed the European solar industry. In an effort to defuse the escalating trade conflict resulting from the EU's decision to apply the provisional duties, the EU and China began official talks to discuss a compromise on June 21. The two parties have until August 6 to reach a deal. If the countries fail to reach a compromise by then, a punitive tariff of 47.6% will be applied to Chinese solar imports, which would effectively prevent Chinese companies from selling solar products on the European market. Antidumping duties on Chinese-made solar products have already claimed at least one victim: German solar project developer Gehrlicher Solar AG said the introduction of antidumping duties was responsible for the company's decision to launch insolvency proceedings on June 8. © PHOTON

http://www.isuppli.com

The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/78863.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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