Chinese PV manufacturers target Japan, the US and India

Abstract According to EnergyTrend, a Taiwan-based market research company of TrendForce, Chinese PV manufacturers are expected to ship more than 6 GW of PV modules in three major markets in the first half of 2015. EnergyTrend said...
According to Trend Trend, a Taiwan-based market research firm of Trend Force, Chinese PV manufacturers are expected to ship more than 6 GW of PV modules in three major markets in the first half of 2015.
Energy Trend said that in the first half of this year, Japan was the largest component shipment destination for Chinese PV manufacturers, with shipments exceeding 3.9 GW.
It is expected that more than 1.5 GW of shipments from the US will come from Chinese manufacturers during the same period, while shipments to India will reach around 900 MW. This exceeded the expected shipment of 700MW to the UK, the largest market in Europe.
According to PV-Tech's report on US shipments of Tier 1 suppliers in the first half of the year, Trina Solar shipped approximately 525 MW, while Jinko Solar (284.5 MW). Both companies have established manufacturing plants in Southeast Asia to meet growing US demand.
Energy Trends analyst Lin Rongrong said: "In the second half of 2015, the global PV market will continue to witness strong demand from China, the United States, Japan and India. Support from these four regional markets will ensure primary and secondary components. And battery manufacturers' full capacity. However, due to ongoing PV trade disputes, component companies will shun China and Taiwan when setting up additional capacity. They also want to approach emerging markets, so future production relocation or capacity expansion plans will be These countries are carrying out. This round of overseas capacity expansion will once again undermine the balance of supply and demand that has developed over the recent period."
Energy Trend also pointed out that Chinese PV manufacturers exported 12GW components in the first half of 2015.

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