US local time On January 22, 2018, the Trump administration announced 201 resolution on solar cells and modules, in which the safeguard tariff on imported products will be implemented for 4 years with a tax rate of 30% in the first year and then 5% %, The tax rate will be 15% by 2021. Every year, the first batch of 2.5GW batteries imported into the United States can also be exempt from additional tariffs. The news triggered market volatility, and some companies are also considering whether they need to establish factories in the United States to circumvent this A new tax pressure of 30%.
Sai Laver is one of the few components of the Chinese plant in the United States root.What the company think of this new US photovoltaic sanctions? The company how to build a factory in the United States? Energetic No. 1 made an exclusive line.
Jiangsu Silaver Photovoltaic Systems Co., Ltd. (hereinafter referred to as 'Sai Laver') was established in 2009, the European and American subsidiaries were established in 2011 and 2012 respectively, and the branches have since been expanded to Australia, Japan and other places.
The launch of the new component plant in Jackson, Mississippi, USA, will be the first of its kind to be completed by the end of 2015. The new plant will be constructed in two phases with a fully automated and intelligent production line, With an annual production capacity of 300MW, Celaver's worldwide production capacity will reach 3GW at the end of 2017 with the release of new plant capacity.
After the United States announced the tax on imports of solar cells and components, 30% of the news issued, Seraphim general manager Li Gang obviously felt that the news on the formation of the impact of the US PV market.But whether Chinese companies need to build components factory in the United States need Think carefully.
'Now, the Trump administration's new taxation provisions on photovoltaic cells and components, there are some things to be determined, such as how to allocate 2.5GW quotas, the tax rate from the date of formal implementation, etc. However, at present In terms of information, it may not be the best choice for Chinese enterprises to set up factories in the United States.
In his view, Chinese companies need to first examine how factories in Southeast Asia, Vietnam and other transport, with the United States to manufacture and sell components cheaper.According to the Sailafu calculations, after the first 30% plus tax in the first year, every watt Components prices, Vietnam made slightly more expensive than the United States to make about 4 cents.From the second year to the fourth year, tax revenue decline (especially in the tax becomes 20%), Vietnam exports to the United States components, will be more than the United States Local manufacturing cheaper.
After the price calculation, let's look at the construction of the factory. A large-scale component factory will take at least half a year to prepare and build. In the second and third year of taxation, investors also need to recover their costs and sell the products quickly So as to avoid (or lessen) the impact that the United States will have on the implementation of the tax de-escalation mechanism for batteries and components, etc. Once lowered, the advantages of overseas products will outweigh the advantages of the U.S.-made ones.
Relatively speaking, investment in Southeast Asia plant components, it seems to be more secure.First, in Vietnam, for example, labor costs lower than the United States, and union and overtime pressure is small.Second, although the US component plant can be built locally However, due to the lack of basic facilities in the United States, many auxiliary materials need to be shipped from abroad, which is not a small expenditure.A battery container into the United States, but also need to use another container to transport borders, back plates, etc., As these costs go up, Vietnam is 6 to 7 cents cheaper than the U.S. in terms of construction costs per watt.
The Trump administration hopes that through this taxation measure, it will stimulate the U.S. manufacturing. We hope everyone can make a component locally in the United States after buying a solar cell, but from our factory experience, it seems that the component is still directly Export from Vietnam to the United States cost-effective.Of course, does not rule out the future the United States government may amend the regulations, then you can further explore the United States or Southeast Asia, which is more cost-effective to build.Li Gang also said that although Lailaver has component plants in the United States , But most of the products were used in their own developed power plant.Sepraph in the operation of the US plant by the tax and other less affected, full rate has been high.
In the implementation of tax measures, the US PV market demand will appear what changes? Power station investment rate of return will decline? Li Gang believes that the PV module price changes may not be particularly obvious, the investment rate of return and the power may be decline.
In the first half of last year, the price of PV in the U.S. market showed polarization. In the first half of the year, the demand was weak and the price was low. In the second half of the year, due to the 201 cases of panic, there was a panic buying surge and prices soared. Less than the time, the United States component prices diving again in December last year, the component manufacturing costs are around 36 cents, and now the component price has reached 32-33 cents per watt range.
One of the reasons for component price adjustment, but also with the material price of upstream materials on this factor by the Chinese market subsidy policy cut and domestic demand weakened, the impact of Section 201 and tariff imposed by India and other three aspects of the decline in battery prices also It is clear.
Looking further down, the components in the US market may be quoted at about 30 cents in the future, with a price increase of about 0.41 cents after the tax increase of 30% and other costs, which is cheaper than the pre-201 case.
As far as investment in power stations is concerned, due to the wave of panic buying of components in the second half of last year, some power plant investors will build power stations at a higher price, and the yield will drop significantly. Once the investment return slides, the investment enthusiasm of new power plants will also be reduced .
Trump originally planned to give everyone more interest in establishing factories in the United States to promote local employment and boost investment, but now the new tax collection does not seem to exceed the government's expectations or even lower than expected. "Li Gang Said.
He also believes that it is almost impossible for Chinese PV companies to export their products from the local market to the United States because it has the double tax rebate effect in addition to the 30% tax revenue, but Vietnam and Thailand can export the past. In addition, Some manufacturers may also choose to export their photovoltaic products to the more profitable parts of Europe, thus replacing the U.S. market.
