The introduction of the “5·31” New Deal in 2018 stimulated domestic PV companies to accelerate their pace of going to sea. Under the new policy in 2019, the domestic market tends to be rational, and industry organizations predict that China's new installed PV will be between 40GW and 50GW. With the global tide of photovoltaic parity online, it is expected that the global installed capacity of photovoltaics will reach 128GW, and the foreign PV market will remain an important development direction for PV companies.
First, the market overview
Looking at the 2019 overseas PV market, Europe is very attractive. In September last year, the EU ended its five-year “double-reverse” measures against China PV. This year, the PV growth rate is obvious, and the installed capacity can reach 11 GW. Among its member states, Germany is expected to install 3.3 GW to 4.1 GW of solar energy annually in 2021 and 2022. The Netherlands will expect a total installed capacity of 6 GW in 2020 under the favorable policy and favorable market conditions, and it is expected to surpass Germany to become the fifth largest PV market in the world. Spain's market growth comes from long-term power purchase agreements (PPAs) and distributed generation projects.
In the United States, the newly installed capacity in 2019 was about 11 GW, a slight increase year-on-year; Japan delayed the FIT reduction of more than 2 MW of PV projects for six months, ushered in a short-term rush to install; the Indian market is stabilizing and is expected to surpass the US as the world's number one Two major markets; Australia's household energy storage is experiencing explosive growth. It is estimated that more than 70,000 households will install batteries. This year, Australia's energy storage demand will account for 30% of global energy storage demand.
Second, policy dynamics
United States: According to the latest US regulations, 30% ITC subsidies can be subsidized for PV power plant projects started before the end of 2019, and ITC subsidies will gradually decline in subsequent years.
Japan: Japan will expand the scope of projects affected by the bidding system this year, from 2 MW to 500 kW and above. For the project with a capacity of more than 2 MW, the electricity price reduction policy will take effect in the second half of the year, while the Ministry of Economy, Trade and Industry proposes to reduce 10 The tax rate for the -500 kW commercial solar system has been reduced from 18 yen/kWh ($0.165) to 14 yen for small commercial photovoltaic power plants. The residential electricity price plan will be further revised next year.
India: The Indian government is about to introduce a new PV manufacturer access list ALMM, requiring all public sector solar power plants (including bidding and power procurement sources) and can only use the components and batteries in the list.
The list will be selected from the BIS certification list, which includes both the battery and the component. The power station will only be able to use the component manufacturers and products in the component list, and the component manufacturer can only use the battery manufacturer in the battery list. product. DAH solar has already embarked on the BIS certification process and hopes to get a certificate within a few months to reopen cooperation with Indian customers' PV solar modules and solar systems,especially we keep receving on grid 3kw ,5kw 10kw solar system demands from India market.