China's photovoltaic industry was forced to speed up the adjustment of energy structure after six consecutive quarters of industry wide losses, the demand and price of polysilicon and silicon wafers began to stabilize and rebound in the first quarter of this year. However, just as China's photovoltaic industry has just been able to breathe, it has been hit hard again. A few days ago, a source from the European Union said that the European Union will announce the "double anti" investigation ruling on Chinese photovoltaic enterprises in the near future, and is expected to impose high punitive tariffs. Once the ruling is confirmed, it will become the "last straw" to crush China's photovoltaic enterprises
according to the procedure, after soliciting the opinions of EU Member States, the European Commission will issue the standard conditions and preliminary ruling of UAV manufacturing enterprises for the temporary tax rate of photovoltaic anti-dumping case at the latest on June 6. The deadline for the preliminary determination of the countervailing case is August 8, and the final determination of the two cases will be completed in December this year. In the proposal, the EU will impose an average anti-dumping duty of 47% on Chinese photovoltaic products, of which Suntech Power is 48.6% and LDK is 55 Synchronous belt and reducer; In terms of force measurement, the electronic universal experimental machine adopts load sensors of 9%, Trinasolar energy of 51.5%, and Jingao solar energy of 58.7%
Chinese photovoltaic enterprises have been hit hard again
Shi Dinghuan, director of the China Renewable Energy Society, believes that if high tariffs are imposed, Chinese photovoltaic products will not be competitive in Europe, and the EU "double anti" investigation involves multiple production links such as batteries and components, which Chinese enterprises cannot avoid. An analyst who declined to be named said: "the European Union, which is good at following the pace of the United States, is very likely to vote through" double negatives "
data show that from 2009 to 2011, China's photovoltaic module production capacity quadrupled. The market share of Chinese components in Europe accounts for more than 80%. In 2011, the export volume of Chinese components to the European market reached 21 billion euros, accounting for more than 70% of the export of Chinese enterprises and more than 50% of the total output value of Chinese component enterprises. Shanghai Securities believes that the impact of this "double anti" will far exceed the previous "double anti" sanctions on U.S. component companies in China. Wang Haisheng, senior analyst of new energy at Minsheng securities, said: "if a% double tax rate is imposed, it is expected that domestic manufacturers may lose half of their share in the European market."
Shi Zhengrong, director of Suntech Power, pointed out that the "double anti" investigation in the United States and Europe is even worse for Chinese photovoltaic enterprises that are already in trouble. Before that, China's photovoltaic industry had suffered losses for six consecutive quarters, and some enterprises that expanded too fast defaulted or went bankrupt
according to the financial report of the fourth quarter of 2012 of Savills, another photovoltaic giant, the net loss of the company in the fourth quarter has reached US $517million, which is the seventh consecutive quarterly performance loss of Savills, and has become the worst performance of photovoltaic companies that have disclosed last year's performance
hope is born out of despair
although the EU's high double anti tax rate is highly passable, even if it is passed, it is not without hedging means for China's photovoltaic industry, but it will be more difficult in the short term
the above analysts pointed out that in the medium term, the "double reverse" has little impact on market prices and supply and demand patterns. The proportion of the European market in the world has decreased from 56% last year to 21% this year, and most of the demand is reflected in the first half of the year. In the future, the importance of this market will be reduced
in addition, emerging markets represented by China and Japan have witnessed explosive growth this year. The Japanese market is expected to have an installed capacity of 5GW this year, while the domestic market is expected to reach 11gw, making up for the decline in the European market. In India, Southeast Asia, South America and the Middle East, the installed capacity will reach 9gw this year, driving up the global installed capacity
it also signed a strategic agreement on cooperation with the national wire and cable quality supervision and Inspection Center for graphene cables and other products
"the State Council and various ministries and commissions attach great importance to the photovoltaic industry, and the national development and Reform Commission is also studying how to promote the orderly development of the industrial chain. In the future, the world's largest photovoltaic market should and must be in China." The above analyst pointed out, "in addition, the development of distributed energy fully meets the requirements of China to reduce fossil energy and develop new energy. The cramped external market environment can make us more stable to adjust our energy structure. We can't always do the business of leaving pollution to ourselves and energy conservation to outsiders"