28 Jul '14, 2pm

China Solar Projects Poised to Fuel Rebound in Panel Prices

“Current prices have bottomed and will rebound later” as Chinese orders rise, said Xie Jian, president of JA Solar, the world’s third-biggest solar-panel maker by production capacity. “Demand will be quite positive” from August, Xie said. The expected recovery in China, which accounts for more than 60 percent of global solar panel output, offers an early sign that manufacturers are succeeding in soaking up supply by building their own projects. The government’s push to promote developments closer to regions where electricity is needed most — so-called distributed solar projects — may also spur orders. Panel prices in China declined about 10 percent in the first six months of the year compared with the second half of last year, according to Bloomberg New Energy Finance. Higher tariffs imposed in the U.S. have had the opposite affect to what’s happened in China. Panel prices...

Full article: http://www.renewableenergyworld.com/rea/news/article/2014...

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