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China’s Policy Shift: Impact on PV Pricing and Demand

1 minute read

At the start of June 2018, China’s National Energy Administration, National Development and Reform Commission and Ministry of Finance released new guidance that terminates any approvals for new subsidized utility-scale PV power stations in 2018, among other changes.

A policy shift like this in China causing a severe change in 2018 demand has always been in the realm of possibility. GTM Research has explained this possibility in previous analyses, which outlined a similar scenario in demand due to mounting curtailment and subsidy deficits as well as rising trade protectionism cases against Chinese manufacturers globally.

This brief details the predicted impact this new policy shift will have on PV market trends and forecasts.

The brief is available to subscribers of our Global Downstream Solar Service