On September 3, the EU officially canceled the minimum import price of imported PV products from China, Taiwan and Malaysia. IHSMarkit analyst Josefin Berg expects that the new contract price of European components will drop by 30% in the next few weeks. For project developers and EPC In this case, this means immediately reducing the total cost of the project system and the corresponding LCOE, and increasing the project profitability of the contracted project.
Last week, Taiwan's EnergyTrend has observed further declines in solar cell prices, especially in the field of high-efficiency monocrystalline cells. After the MIPS stop, new price wars will be inevitable, especially in China and Taiwan.
Berg said on Monday that the biggest impact of this decision will be to stimulate Europe's new photovoltaic facilities in 2019 to grow 40% year-on-year. All project developers will benefit from the increasingly fierce competition among suppliers.
In the latest 'Photovoltaic Facility Tracker' report released by IHSMarkit in June this year, analysts have assumed that MIP will not be extended after September. Therefore, it is predicted that the installed capacity of photovoltaics in Europe in 2018 will be 12 GW, and in 1719 it will be 17 GI. watt.
Competition in the European component market is bound to intensify, and manufacturers in Southeast Asia will lose their competitive edge in the European market. The only clear market is the US, and possibly India – depending on the dynamics of China's component and battery import tariffs.
SolarPowerEurope, which has always opposed the tariffs, called the European Union's decision “the watershed moment” and the “new solar era” of the European solar industry. It is believed that this decision of the EU 'eliminated the biggest obstacle to solar energy growth in Europe'. Become the cheapest form of electricity in many EU countries, which means more consumers and national governments will be able to invest in solar energy.
EUProSun also called for the retention of tariffs, saying that solar energy is now the cheapest power source in Europe. Once the tariffs are lifted, solar energy will not be cheaper, only the profits of importers will increase. But for the manufacturing industry - and even the whole The damage of the value chain - will be devastating.
