Antidumping duty order on China PV market in Europe was injured

US-based information products and services provider IHS on the 17th release of the report, the EU photovoltaic products "double reverse" ruling will result in huge losses in Europe, European countries will be the first out of the three major global PV market, Asia will become the new global PV market growth momentum. In the European market is shrinking at the same time, the global PV market is still expected to maintain double-digit growth.

IHS study reported that, according to the European Commission to China photovoltaic products "double reverse" preliminary decision, from June 6 until August 6 on the production of PV solar cell panel from China of 11.8% imposed provisional anti-dumping duty may lead to the European Photovoltaic loss of market 1.3GW; if this period the two sides failed to reach a new settlement agreement, the EU starting from August 6 anti-dumping duties will be raised to 47.6%, will lead to the shrinking size of the European PV market 11.6GW, compared to last year fell by 33 %. During this period, the global PV market is still expected to maintain double-digit growth, compared to last year the growth rate will reach 11%, the market size of up to 35GW.

IHS senior director of solar cell efficiency research Ash Sharma said: "The EU anti-dumping duties will be substantially suppressed market demand in Europe, exacerbated by the European PV market is shrinking, shrinking of the market in Germany and Italy will be the most obvious compared with last year, Germany will shrink 3GW, Italy will shrink 2GW. "Meanwhile, Asia will become the new global PV market growth momentum. Sharma predicted that the region's PV market size over Europe for the first time this year reached 15GW, the proportion of total global demand will reach 45%.

IHS research report that China, Japan and the United States will become the global PV market demand this year, three engines, especially in China and Japan, demand for photovoltaic products is expected to become the two largest markets. IHS predicts emerging economies PV market in 2014 will grow to 9GW, 2017 will exceed 16GW, which is the global PV companies will be an important opportunity for development.