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According to market research firm IHS, China's solar PV installations are expected to decline sharply in the third quarter of 2016, falling by 80%.
This will trigger a slowdown in global solar demand, which will lead to a global oversupply of solar PV modules, especially solar modules
.
IHS analysis shows that China's solar PV installed capacity in the first half of 2016 was nearly 13 GW, driven by
a planned cut to solar feed-in tariffs on June 30.
After the subsidy cuts take effect, China's solar industry will see a sharp decline
.
Given China's importance and market share in the global solar PV sector, it is also expected that China's declining demand will bring about a global expansion effect
.
While installations will recover slightly in the fourth quarter, the Chinese government's desire to ensure that 20 GW of solar capacity this year will hinder real progress
.
According to IHS, trends in China will trigger a huge price correction
.
In the second half of this year, the selling price of shipping products in the solar module supply chain will fall sharply, much lower than the price
in the first half of the year.
According to market research firm IHS, China's solar PV installations are expected to decline sharply in the third quarter of 2016, falling by 80%.
This will trigger a slowdown in global solar demand, which will lead to a global oversupply of solar PV modules, especially solar modules
.
IHS analysis shows that China's solar PV installed capacity in the first half of 2016 was nearly 13 GW, driven by
a planned cut to solar feed-in tariffs on June 30.
After the subsidy cuts take effect, China's solar industry will see a sharp decline
.
Given China's importance and market share in the global solar PV sector, it is also expected that China's declining demand will bring about a global expansion effect
.
While installations will recover slightly in the fourth quarter, the Chinese government's desire to ensure that 20 GW of solar capacity this year will hinder real progress
.
According to IHS, trends in China will trigger a huge price correction
.
In the second half of this year, the selling price of shipping products in the solar module supply chain will fall sharply, much lower than the price
in the first half of the year.
