EU “double-reverse” forced new living law for domestic PV companies

Abstract The EU "double-reverse" case is like a sword hanging on the head of domestic PV companies, affecting the nerves of all parties in the market. On June 6, the EU will vote on the "double anti-" case of China PV. However, according to the reporter, starting from March this year, the EU is coming from China Light.
The EU "double-reverse" case is like a sword hanging on the head of domestic PV companies, affecting the nerves of all parties in the market.

On June 6, the EU will vote on the "double anti-" case of China PV. However, according to the reporter, starting from March this year, the EU has implemented a registration system for photovoltaic products from China. This measure is regarded by some enterprises as a signal of “tax recovery period”. If this is the case, many PV companies may be "white" in the second quarter. As a result, some companies bypassed other dealers to enter the EU market.
China monthly solar cell production (MW)
Obviously, this is only a short-term response of domestic PV companies. For the embarrassing EU "double opposition", domestic PV companies need to be prepared for a protracted war.

At present, there are already enterprises in advance layout. Self-built power stations and the development of emerging markets have become an important means for domestic PV companies to ease the "double-reverse" impact of the EU. Among them, listed companies that build their own power stations include Sunshine Power, Hareon Solar, Aerospace Electromechanical, Sunflower, Zhonghuan, ST Super Day and so on.

It is undeniable that the development of downstream photovoltaic power plants does have certain investment value, but it should be noted that the investment cycle of photovoltaic power plants is long and the fees are difficult. Only companies with relatively strong strengths may have the possibility of intervention.

A few years ago, the financing of photovoltaic companies was not difficult. However, this is not the case. Since the crisis in Jiangxi Saiwei and Wuxi Suntech, banks and other financial institutions have avoided the photovoltaic enterprises. In the words of the interviewed companies, "Don't say that it is better to increase financing, not to lend."

However, when many PV companies are worried about “Qian Jing”, some small and medium-sized PV companies in Zhejiang have already emerged from the crisis. The sharp contrast makes the reporter feel quite a part of the featured enterprises.

Hangzhou Foster Hot Melt Adhesive Film Co., Ltd. is an ordinary photovoltaic film manufacturer. Their films are not used in photovoltaic power plants, but sold to toy manufacturers, small batteries, Christmas lights and other market segments. Competition, so that they have a good harvest last year, sales of more than 100 million.

Zhejiang University Sunni Energy Technology Co., Ltd., a battery component company, may have closed down if it is fighting the scale of production capacity. But they use their energy to develop special products such as solar street lights and avoid industry risks.

At the same time, a Zhejiang PV company has placed overseas factories on the agenda and hired Morgan Stanley as an investment consultant. They believe that setting up factories overseas is the most effective means of avoiding the EU's "double opposition."

For the Chinese PV industry, it is easy to stop production and it is difficult to stop production. The implementation of the EU's "double opposition" will force domestic PV companies to find new ways.

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