IHS Report: Antidumping Tariffs Raise Prices
El Segundo, Calif. (July 22, 2013)—The European Union’s antidumping tariffs are spurring an increase in prices for Chinese solar modules, marking the end of a period when available inexpensive photovoltaic (PV) devices enabled fast growth of installations in the region.
After declining for 48 months since the first quarter of 2009, with a seasonal uptick in February 2013) , average pricing for Chinese crystal polysilicon modules in Europe rose by 4 percent in June to 0.54 euros, up from 0.52 euros in May, according to a new report, entitled “PV Price Tracker—Modules” from information and analytics provider IHS (NYSE: IHS). Pricing is expected to continue climbing in July and then again in September, with the average increasing to 0.55 euros by the end of that month.
“With the plan to reduce government subsidies in Germany starting in April 2012, low-cost PV modules from China took over as the engine of growth in the European solar market, enabling the continued expansion of installations,” said Dr. Henning Wicht, senior director of solar research for IHS. “However, the era of low-cost Chinese modules is now over, as prices have risen due to the EU Commission’s implementation of preliminary antidumping tariffs. This will have a negative impact on solar installations, and is likely to cause many companies engaged in the engineering, procurement and construction (EPC) of solar systems to go out of business this year.”
The EU Commission imposed the tariffs on June 5. The duties of 11.8 percent correspond to a net value of 0.05 to 0.055 euros per watt. This additional cost has translated directly into an increase in prices for buyers. Read more
Big Winner in Trade Wars: Taiwan
Trend Force reports that Taiwanese PV factories shipped 3.2 GW in the first half of 2013, 6.7 percent ahead of the same period a year earlier. More
China’s Polysilicon Tariffs Hurt REC Reorganization Plan
Bloomberg Business Week reports that proposed Chinese tariffs on polysilicon imports have scared off bondholders, who are unlikely to support REC’s planned division of its business into separate divisions for polysilicon and module manufacturing. More