PV exports may rise as EU curbs end
By Zheng Xin | China Daily | Updated: 2018-10-22 07:48
Photovoltaic exports from China are expected to increase as the European Union has ended anti-dumping and anti-subsidy measures, but the effect will not be immediately seen, market insiders said.
Beijing's decision in June to cut subsidies and impose a cap on new solar projects meant the country would have some 30 gigawatts of excess capacity to export.
While the opening of the European market is definitely good news for PV module makers in Europe and China, it is expected the country's announcement will not have a marked effect on either global module prices or short-term demand in the EU.
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