The Chinese ingot, wafer cell and module giant has signed a significant sales contract for the shipment of solar PV modules to an unidentified customer in the United States.
The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was immediately seen after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices held steady at between $0.26 and $0.29/W.
In the wake of the U.S.-China trade dispute, the Chinese government has loosened its policy on ownership caps for factory sites for foreign car brands. Previously, car companies could only retain 50% of the ownership of a factory and had to set up a joint venture with a Chinese partner. By setting up shop in China, Tesla can avoid import duties on its cars, to cater to a broader customer base.
GTM Research says the 10% tariffs that the Trump Administration is calling for are “significant”, and some companies and sectors will be affected more than others.
As the trade war escalates, inverters may be the latest victims.
While overall global investment in clean energy saw a decrease of just 1% year-over-year in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg New Energy Finance. It forecasts this trend to continue throughout the year.
The Norwegian polysilicon maker has announced that it will today lay off around 100 employees from its Washington plant and reduce production, as a “direct result” of the trade dispute between the United States and China.
The new round of IT-related tariffs would make it more expensive for any manufacturers planning to import cells from China for module production in the United States.
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