28 Sep '17, 1pm

US Solar Market Can Remain Strong in 2017, Even with the ITC Ruling

US Solar Market Can Remain Strong in 2017, Even with the ITC Ruling

Last Friday, the U.S. International Trade Commission (ITC) ruled in favor of Suniva and SolarWorld , having found that they suffered injury from the flood of cheap imports. Will this ruling dreadfully affect the U.S. PV market this year? “There is enough inventory in the channel to keep projects going for a while,” Paula Mints , founder and chief analyst of SPV Market Research, said, implying that the U.S. market will most likely grow, instead of shrink. In fact, the “Global Analysis for the Markets for Solar Products and Five-Year Forecast 2016-20121” published by SPV Market Research shows upward trends in two scenarios. For the Five-Year Forecast, there are three scenarios — low, conservative, and accelerated. According to Mints, for the low forecast, the impact of the decision including a significant increase in module and cell prices and low inventory was weighted more...

Full article: http://www.renewableenergyworld.com/articles/2017/09/us-s...

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