Double reversed Chinese PV exports to the United States by 80%

Wang Bohua: Dual anti-Chinese PV exports to the United States reduced by 80%

Yesterday, Wang Bohua, Secretary General of the China Photovoltaic Industry Alliance, introduced at the seminar of the International Solar Energy Symposium 2012. Since the United States launched the investigation of my photovoltaic product launches, China’s exports of photovoltaic products from the United States decreased from 387 million U.S. dollars in January of this year to 8 It was 80 million U.S. dollars a month, down 80%.

In addition, the EU has also launched a double counter investigation. The export situation of China's photovoltaic products is not optimistic. The EU and European markets, led by the European Union, are the major destinations for the export of photovoltaic products in China. Wang Bohua predicts that this year, China's exports of photovoltaic products will be about 13 billion yuan, which will drop by more than 40% year-on-year.

In fact, this has fallen from the performance of domestic PV giants Suntech, LDK, and even losses. The stock price fell below 1 US dollar.

Wang Bohua said that the US and Europe’s dualism has seriously affected the development of the entire photovoltaic industry. The end of last year, the beginning of the year, the United States began to carry out double counter investigations on China's photovoltaic components, the EU also launched an anti-dumping investigation in September, India also intends to follow up. According to him, at present, more than half of China's small and medium-sized PV module enterprises have stopped production, 30% have cut production, 10% to 20% have reduced production or have worked hard, and have begun to lay off employees at different levels.