INCENTIVES:A lack of new ‘green’ policies in Europe and the US, and uncertainty about China’s energy policy is likely to see the photovoltaics downtrend continue, analysts said

Taipei Times
Date: Jun 13, 2016
By: Lisa Wang / Staff reporter

Prices of solar cells last week continued to spiral to approach cost-level and the decline is expected to accelerate due to a supply glut, TrendForce Corp (集邦科技) said.

TrendForce attributed the slump to sagging demand amid uncertainty about Beijing’s new “green” energy policy and subsidy measures, the Taipei-based researcher said in a statement released on Tuesday last week.

Demand from the US and Europe are likely to be lukewarm as no new subsidy programs are available to drive solar system installations, the researcher said.

Solar power companies are expected to take a wait-and-see approach to placing new orders for next quarter, given the current price downtrend, it said.     [FULL  STORY]