[PV market to become supply-driven in 2014, says NPD Solarbuzz]
With solar PV costs and prices falling dramatically, a more balanced supply-demand picture awaits the PV market this year, predict the solar analysts.
One scenario that could play out this year is suppressed demand in the U.S. arising from the current International Trade Commission (ITC) investigation against Chinese solar equipment made in Taiwan. Depending on how the ITC rules, China could well increase domestic demand in an attempt to absorb any excess supply from local manufacturers – a move that would not only boost China’s installation figures but also enable solar factories to maintain their currently high utilization rates, suggest the report.
"The solar PV markets in China, Japan and the U.S. are characterized by strong PV project pipelines, flexible and innovative financing vehicles, and proactive government policies that can be adapted to drive short-term demand upside," added NPD Solarbuzz vice president, Finlay Colville. "Understanding the changing supply dynamics into each of these countries during 2014 will represent a key tactical challenge for all module suppliers serving the PV industry this year.
Markets & Trends, Global PV markets, Industry & Suppliers | By: Ian Clover
With solar PV costs and prices falling dramatically, a more balanced supply-demand picture awaits the PV market this year, predict the solar analysts.
One scenario that could play out this year is suppressed demand in the U.S. arising from the current International Trade Commission (ITC) investigation against Chinese solar equipment made in Taiwan. Depending on how the ITC rules, China could well increase domestic demand in an attempt to absorb any excess supply from local manufacturers – a move that would not only boost China’s installation figures but also enable solar factories to maintain their currently high utilization rates, suggest the report.
"The solar PV markets in China, Japan and the U.S. are characterized by strong PV project pipelines, flexible and innovative financing vehicles, and proactive government policies that can be adapted to drive short-term demand upside," added NPD Solarbuzz vice president, Finlay Colville. "Understanding the changing supply dynamics into each of these countries during 2014 will represent a key tactical challenge for all module suppliers serving the PV industry this year.
Markets & Trends, Global PV markets, Industry & Suppliers | By: Ian Clover