Because China wants to control the excessive development of the domestic photovoltaic industry and to promote the reform of the electricity industry, the photovoltaic industry is seeking new markets abroad。Two solar giants company Sunvia and Solarworld declared bankruptcy, PV project bidding price constantly refresh, these events are not isolated.
Although the Chinese market is continuing to promote the development of photovoltaic components manufacturing industry stronger, the second half of 2017 oversupply is still inevitably continue to deteriorate. More new technology production will gradually release. At present, the overseas production capacity of Chinese enterprises has reached nearly 16gw.
We expect polysilicon production in 2017 to reach 457,300 tonnes, sufficient to support the production of 91GW crystalline silicon components, further increasing the oversupply to 15% to 22%. This quarter, the first echelon component manufacturers total capacity has reached 78.4GW.
Residents' PV systems in Australia and Germany are relatively close to $ 1.65 per watt. While the US household system continues to maintain more than 3 US dollars per watt, to such as tesla photovoltaic tile equivalent high product still leave a place. But with the US market more intense competition, this opportunity may not be long.
India's PV tender has hit a new record in its own country, and we are skeptical about the profitability of the project. And as an early attempt to bid for renewable energy, Brazil has begun to bid in the same way to determine the number of successful developers before the bidder how many fines to cancel the project.
Here are a few sets of data we counted:
77-81GW2017 year of the whole industry to promote the import and export
91GW2017 annual growth forecasting of the country (converted into component power)
$ 38 / MWh India's latest PV auction of the final winning price - another record low national history