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The overseas epidemic affects the expansion of photovoltaic enterprises, and the installed capacity may be reduced by 15GW

The overseas epidemic is affecting the photovoltaic market.

According to data from the China Photovoltaic Industry Association, the total export volume of domestic photovoltaic products (silicon wafers, cells, modules) in 2019 was as high as US $ 20.78 billion, and a number of exports reached a record high.

Among them, in addition to mainland China, there are already more than 15 countries and regions with a total photovoltaic capacity of more than 1GW. The top ten overseas markets include the United States, India, Japan, Australia, Germany, Spain, and Vietnam.

The domestic photovoltaic industry has been steadily expanding after undergoing policy adjustments such as 531, and overseas markets have played a very important role. But with the outbreak and spread of the new crown epidemic abroad, overseas markets are also facing challenges.

But in general, the person believes that the impact of the epidemic has been very limited so far, and major overseas projects have no feedback on project extension or cancellation, and shipments are normal. He said that in the case of general overseas countries, although the local government requires strict measures, many of the controls are actually semi-mandatory, and there is no requirement to stop construction or project suspension, including the normal operation of ports and shipping.

Overseas installed capacity is expected to be reduced by 15GW

Wang Shujuan said that the market did not feel the impact of the foreign epidemic before February 2020, and basically all of them were being urged to deliver goods. The impact began to appear in mid-March, including the extension of tenders for large projects. The volume of goods peaks, but this year it is expected to be affected in the second and third quarters.

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