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Reduced market dependence in Europe
The formal implementation of the China-EU PV price commitment means that since August 6th, Chinese PV companies participating in price negotiations and signing agreements will no longer have to pay up to 47.6% anti-dumping duties. According to informed sources, there are 94 Chinese companies involved in price negotiations and signing agreements, while other domestic PV companies are unable to enjoy the results of this negotiation and still have to pay up to 47.6% of anti-dumping duties.
In this regard, Meng Xianyu, vice chairman of the China Renewable Energy Society, believes that in the past, the European market accounted for 70%-80% of China's total PV exports. The success of the China-EU PV negotiations is for the development of the domestic PV industry and the participating companies. Said that the meaning is significant.
Jingjing Energy Global Brand Director Qian Jing told reporters that Jingke Energy's European market accounts for about 30%-40%, which is a very important market for Jinko Energy. The reconciliation of the Sino-European PV dispute is of great significance to the development of the company. In terms of market share in the future, with the deepening of the domestic and other markets, the market share in Europe may fall to 20%-30%, but this market is still extremely important.
According to informed sources, from the results of the negotiations, the future solar panels exported to the EU will not exceed 7GW (7 million kilowatts). In this regard, relevant experts believe that this quota is lower than China's annual 10GW market target. In contrast, the domestic market may become the focus of the future strategic layout of some PV companies in China, and the situation of over-reliance on foreign markets.
How this quota is distributed has become a concern of Chinese PV companies. Informed sources revealed to reporters that the quota allocation standard will follow the following three principles: First, 60% of the 7GW quota will be allocated according to the actual export volume of enterprises from July 1, 2011 to the end of 2013. Second, 30% of the quota will be used to encourage companies that play an active role in the “double-reverse†negotiations. Third, 10% of the quota will be tilted toward SMEs.
Undermining the domestic market
The return of the European market has given Chinese PV companies more confidence in the future of the industry. However, with the launch of the domestic photovoltaic power generation application market and the development of other international markets, re-layout and rational planning of domestic and foreign markets have become a reality.
Qian Jing told reporters that China will become the world's largest PV installation market. The development prospects of this industry in China are very broad. Jinko Energy will increase its efforts in the domestic market. In fact, it is not just Jinko Energy. In the interview, a number of business leaders made similar statements to reporters. It is understood that Jinko Energy is one of the first domestic PV companies to lay out the domestic market. At present, the domestic market accounts for 20%-30% of the performance of the Jingke market.
Qian Jing also believes that the time is ripe for China to vigorously develop renewable energy utilization industries such as photovoltaics. On the one hand, China has the global leading technology and cost advantages of the photovoltaic industry. Second, the state's financial resources have the ability to support the application and development of renewable energy, thus highlighting China's great country and global responsibility.
Speaking of the support of national policies for the domestic photovoltaic power generation application market, Qian Jing said that the current enterprises are most concerned about how to issue financial subsidies in time and the subsidies for photovoltaic power generation.
Domestic PV market becomes a strategic highland
Abstract The Sino-European PV dispute has finally been settled by both sides. The European market is less dependent on the formal implementation of the China-European PV price commitments. Since August 6, Chinese PV companies that participate in price negotiations and sign agreements will no longer have to pay up to 47.6% of anti-dumping duties. According to insiders...
The Sino-European PV dispute has finally been settled by both sides.