European Companies Prepared to Counterattack the Chinese Solar PV Market

UK law firm Norton Rose partner, Simko, head of global energy in (SimonCurrie) said that in the domestic Chinese PV companies will face the challenge of some European companies.

“And the wind is different from photovoltaic industry to open foreign markets play a decisive role. Because ultimately the development of wind power industry can not do without the support of national policies, the average person can not be the individual consumer,” Corey in Beijing in early August to accept financial new interview, said, “but solar energy is different from ordinary people may purchase solar modules or solar panels.”

Corey believes that this is the eyes of the world were to invest in PV product manufacturers an important reason. At present, China’s Wei Quan Qiu photovoltaic products Zhuyaoshengchan Guo, Yi Shang occupy three percent of the shares, Qizhongbufa Wuxi Suntech, the British Lee Deng Zhimingqiye.

But the long-term participation in the European renewable energy project financing Corey that, even so, China now is still not fully open the door leading to the European market, the main reason attributed to the product quality can not be absolutely sure.

Norton Rose is a global law firm, a total of more than 1,800 lawyers in Beijing, Shanghai and Hong Kong offices. Corey is a famous British lawyer one of the renewable energy business, done a lot of projects in Eastern and Western Europe.

Simon appears in the low cost of “Made in China” and can not be occupied by the market’s fortune. “Renewable energy is not a low-cost manufacturing, whether China can really become Germany, Denmark and other countries a real competitor, depending on when China would be able to guarantee the quality of their products.”

At present, solar companies rely heavily on exports. Data show that in 2008 China’s solar photovoltaic cells more than 2,000 megawatts of production, of which 97% is exported, mainly targeted at Germany, Italy, Spain, Greece and other countries; in 2009, the figure has dropped somewhat, but there are still 9 into.

In this case, the European market, Any sign of trouble, the Chinese solar companies are vulnerable. Financial crisis, the global installed capacity in Spain after Germany, the photovoltaic market to “roller coaster” type of contraction. PV enterprises in China exports to plunge.

Today, the European economic recovery, China’s photovoltaic business re-lease of life to regain order. However, the old good days may be gone forever.

With the Spanish photovoltaic market that is saturated, the threshold increase photovoltaic subsidies, lower level of subsidy. July 13 this year, formally adopted by the German solar subsidy bill, but also down, including a number of rooftop PV systems, including the amount of subsidies. Starting from October 1, the total subsidy will be further reduced. The world’s major PV markets – Europe, thus experiencing a series of changes.

In this case, “even if some of the European market with lower proportion of renewable energy in countries such as Britain, Italy and Greece still have some potential, but some European companies are beginning to turn their attention to China.” Simon said.

However, European investors have doubts: whether China can afford solar power? China’s renewable energy policy to support from a large number of investment into?

“We found that solar photovoltaic applications in China have yet to begin construction of solar power plants still lags far behind the PV products manufacturing, which is why the European PV companies have adopted the attitude of the main reasons,” Keli Tan Yan .

He believes that if China wants to attract overseas investors, bear the brunt of providing a stable market environment and renewable energy policy. In fact, such an environment and policies on renewable energy in China is also beneficial to the development of enterprises.

Second, subsidies and access adequate compatibility of the grid, it is also important for foreign investors. Investors do not want to see their investment in renewable energy power generation projects, the power grid in the distant future, or wind power, photovoltaic electricity prices up, not a gain.

“When these three factors one by one to meet, the capital will naturally flow.” Corrie said.

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