Black Tuesday, the hottest domestic solar photovol

2022-09-19
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"Black Tuesday" of domestic solar photovoltaic enterprises

this year, with the European debt crisis and the decline in polysilicon prices, leading to the bankruptcy of many U.S. solar photovoltaic enterprises, eight U.S. - funded photovoltaic cell manufacturers applied for anti-dumping and countervailing investigations against China's photovoltaic cell industry. The U.S. Department of Commerce will decide whether to file a case tomorrow. If the case is officially filed, it is likely that tomorrow (Tuesday, November 8) will be the "Black Tuesday" for Chinese photovoltaic enterprises. Experts believe that "double reverse" will only cause double losses, and the solar energy industry will hinder the road of popularization due to rising costs

many American enterprises have closed down

according to the complaint documents submitted by American enterprises, the market competitiveness has been further improved. 75 Chinese photovoltaic enterprises listed in New York, including Suntech, Jingao and LDK, are suspected of dumping photovoltaic panels at a price lower than the cost by taking advantage of the national low interest loan, resulting in unfair competition and bankruptcy of many American enterprises, Therefore, the U.S. government is required to levy more than 100% tariffs on solar photovoltaic panels imported by a large country with a large plastic gap every year. With the progress of the incident, Tang Yiming, chief financial officer of GCL poly, a leading polysilicon company in the mainland, refuted that the bankruptcy of bankrupt photovoltaic enterprises in the United States was caused by the loss of competitiveness due to high costs. In addition, the quality of photovoltaic products in China is getting better and better, so bankruptcy is only a normal phenomenon of market integration

100% tariff may be levied

the external data of the US solar energy enterprise alliance shows that the total value of solar photovoltaic panels exported by China to the United States in the first nine months of 2011 is about US $1.6 billion, and the whole year is expected to be about US $2billion (about HK $15.6 billion). Therefore, Li Junfeng, Secretary General of the industrial working committee of the China Renewable Energy Association, said that if the United States imposes 100% tariff, domestic photovoltaic enterprises will suffer US $2billion losses. Huang minshuo, director of Kanghong securities and asset management, believes that European Photovoltaic subsidies are already very low. If the United States imposes tariffs, it will undoubtedly be a double attack on China's photovoltaic industry, because most Chinese photovoltaic enterprises are export-oriented. Some analysts said that if the United States really imposes a 100% tariff, the cost of manufacturing photovoltaic modules will increase significantly, pushing up the installation cost of power stations in a disguised form, which will only lead to a decline in the number of installations, which runs counter to the U.S. government's policy of increasing the proportion of renewable energy

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