26 Aug '13, 12pm

Index shows global PV market upswing in June

Bloomberg New Energy Finance's (BNEF) new Solar Shipments Index shows a rise in photovoltaic shipments as well as an improving price situation for the industry in June, with suppliers in China and Taiwan experiencing particularly high demand. The survey of leading manufacturers in the PV supply chain indicates some hopeful signs for companies that have been contending overcapacity and consolidation in recent years. According to BNEF, the booming Japanese market, expected to total between 6.9 and 9.4 GW of new-build PV this year, was one major driver for the June upswing. Another important factor was the rush to ship products to the European Union before a higher rate of preliminary antidumping tariffs on Chinese products was expected to come into effect August 6. The Solar Shipments Index showed that leading Chinese cell makers made shipments corresponding to 116% of their...

Full article: http://www.solarindustrymag.com/e107_plugins/content/cont...

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