September 6, 2012 (Investorideas.com renewable energy newswire) According to EnergyTrend, the green energy research division of TrendForce, domestic PV demand in China seemed to be picking up. Research suggests that solar projects with capacity of above one MW are ongoing in northwestern cities in China, such as Xinjiang, Gansu, and Qinghai. Moreover, Jiangsu and Liaoning announced their own subsidy policies, hoping to stimulate the solar demand along with the central governmentís subsidy.
The European Commission has decided to conduct the anti-dumping investigation against Chinese module makers. Chinese manufacturers indicate that they have prepared for the worst, and the Chinese government will come up with solutions based on the verdict. According to EnergyTrend analyst Arthur Hsu, increasing domestic solar demand is the goal for both the Chinese government and manufacturers. For example, the installed solar capacity in Xinjiang is approximately 170MW. Judging from the bidding prices, the average price falls at $0.734/Watt, with the lowest price at $0. 712/Watt. As for BOS (Balance of System), 20MW projectís average price is at $0.62/Watt, with lowest price at $0.507/Watt and lowest system cost at $1.218/Watt. Moduleís bidding prices are 5%-10% lower than the spot prices, which will be appealing to Chinese manufacturers. Related manufacturers are confident about domestic demandís growth momentum, but are concerned about how electric grid companiesí problems can delay the grid connection process. According to EnergyTrend, certain projects have had their systems installed, but yet to be connected to the grid due to unsolved technical problems.
Spot price downtrend persisted this week, and certain productsí ASP have dipped to the rock bottom. Polysiliconís lowest price came down to $17.5/kg, which may further plunge, and ASP slid to $20.093/kg, a 0.17% decrease. As for multi-Si wafers, non-standard products were still the mainstream, whose ASP is at $0.75/piece; standard productís price in China dropped below $1.0/piece, and the ASP in Taiwan slid to $1.02/piece, a 0.39% decrease. As for mono-Si wafers, related firms continued to compete with high-efficiency multi-Si wafers for orders, and the prices continued dipping, with the ASP dropping to $1.298/piece, a 1.74% decrease. As for solar cell and module, non-standard product (type B) became the mainstream in the market, and multi-Si productís price in China dropped below $0.4/Watt. Cell ASP fell to $0.415/Wtt, a 0.48% decrease. Due to the uncertainty brought by EUís anti-dumping case, module price stayed flat.
TRENDFORCE is a global leading research institution providing market intelligence, in-depth analysis reports and consultant services on technology sector. Our company consists of 4 major research divisions---DRAMeXchange, WitsView, LEDinside and EnergyTrend which cover the DRAM, NAND Flash, PC, display, LED and Green energy research sectors respectively. www.trendforce.com
This news is published on the Investorideas.com Newswire and its syndicated partner network
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.