(Summary description)Last Friday, the Jefferies Investment Bank (Jefferies) released a report that China's solar photovoltaic installed capacity will exceed 25GW in 2015, and the annual new installed capacity will reach 10GW. Jefferies predicts that China’s installed photovoltaic capacity will be 4GW in 2012, while domestic institutions generally predict that China’s installed capacity will exceed 5GW in 2012.
(Summary description)Last Friday, the Jefferies Investment Bank (Jefferies) released a report that China's solar photovoltaic installed capacity will exceed 25GW in 2015, and the annual new installed capacity will reach 10GW. Jefferies predicts that China’s installed photovoltaic capacity will be 4GW in 2012, while domestic institutions generally predict that China’s installed capacity will exceed 5GW in 2012.
Last Friday, the Jefferies Investment Bank (Jefferies) released a report that China's solar photovoltaic installed capacity will exceed 25GW in 2015, and the annual new installed capacity will reach 10GW. Jefferies predicts that China’s installed photovoltaic capacity will be 4GW in 2012, while domestic institutions generally predict that China’s installed capacity will exceed 5GW in 2012.
Jefferies believes that China will have more subsidies in the photovoltaic industry in the future. The current government subsidies for solar energy include projects such as Golden Sun, which will increase the demand for 2-3GW each year. Recently, it has been reported that the installed capacity of solar photovoltaic power generation during the 12th Five-Year Plan period is planned to be increased to 21GW, and distributed power generation will be vigorously developed.
Jefferies New Energy analyst Xu Min said that although the current price of photovoltaic products continues to fall, the demand has not decreased. In other words, the price demand elasticity theory of the photovoltaic industry has completely failed. "This is mainly due to the tight bank credit policy. As the world's largest photovoltaic market, Europe is experiencing a severe debt crisis, with credit tensions and low prices for photovoltaic products. At the same time, the installed capacity of photovoltaic products in China and other places is still increasing. Significant increase."
"In the future, the price of photovoltaic products will fall further, and the value of inventory will further decrease. While the demand increases, the profitability of photovoltaic enterprises will continue to be affected." Xu Min said.