Sino-US Photovoltaic Industry Competition

According to the Yonhap News Agency, at the beginning of this year, China imposed an anti-dumping tax of up to 57% on US-made polysilicon for 5 years. The US Department of Commerce recently announced an anti-dumping tax of up to 165.04% on Chinese-made PV products. Companies will usher in a good time to take advantage of fishing.

On the 11th, according to the Korea Photovoltaic Industry Association, Renesolar, a Chinese solar panel manufacturer, has plans to expand import programs from South Korea, India, and other places to avoid pressure from the US tax increase. By the end of this year, Renesolar will import photovoltaic cells from seven countries including South Korea. 1.2 MW, import 1.5 MW next year. Its South Korean customer Shinsungsolar received an order of 116 MW in March this year. In addition to orders for 100 MW last year, Chinese orders have already accounted for 30% of its output. The company is looking forward to new orders from the Chinese side and began to consider adding a solar cell factory in South Korea. . Hanwha and other Korean manufacturers are also actively preparing to expand production capacity. According to relevant research institutes in Korea, demand for photovoltaic products in the United States, China, and Japan has increased, and global market demand will increase to 45-49.6 megawatts this year, and will increase to 52.5-58.3 megawatts next year. Korean PV companies have bright prospects for a period of time.