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Exemption of bifacial cell technology from Section 201 measures to accelerate switch from mono to bifacial cell lines outside of China and drive demand in the United StatesJune 17, 2019On 13 June 2019, United States Federal trade authorities ruled that bifacial solar modules will be exempt from Section 201 tariffs, as outlined in a notice from the Office of the United States Trade Representative. The ruling will dramatically increase demand for bifacial solar modules in the United States due to the opportunity of avoiding tariff rates of 15% to 25% through February 2022, in addition to the benefits of higher efficiencies and energy yields associated with such products. IHS Markit expects that demand for bifacial modules in the United States will be primarily served by manufacturing lines across Southeast Asia, as products shipped from China will still face antidumping and Section 301 tariffs that will make them less competitive.Subscribers Only
China PV installations to boom in fourth quarter after grace period removalJanuary 31, 2018On 22 December 2017, the National Development and Reform Commission (NDRC) in China confirmed the 2018 FiT rate and the anticipated grace period until June 2018 to obtain the 2017 FiT rate (for projects approved in 2017). The FiT tariff valid from 1 January 2018 is 0.55 yuan/kWh, 0.65 yuan/kWh, and 0.75 yuan/kWh for resource areas I, II and III, respectively. Distributed PV systems that sell surplus power to the grid will obtain 0.37 yuan/kWh for the excess power. The updated policy has removed the grace period in 2019, meaning that the 2019 FiT rate will apply for all projects as of 1 January 2019. The FiT deadlines for different policy segments, in parallel with events in PV markets outside China, will determine the quarterly module pricing and installation patterns. IHS Markit maintains its current annual 50 GW PV installation projection for China in 2018, but we are reviewing the quarterly distribution.Subscribers Only
SNEC 2017 Key TakeawaysMay 05, 2017SNEC PV Expo 2017 was once again a frantic exhibition, and the show floors felt as busy as previous years. The show has become an annual celebration of a market that has grown ferociously to account for sizeable share of both global demand and supply.Subscribers Only
China releases proposal to promote adoption of energy storageMarch 22, 2016On 10 March, China National Energy Administration (NEA) released a draft on “Using energy storage for peak shaving in the Northeast (NE), the North (N), and the Northwest (NW) regions” for public review. The document heralds a tipping point for the commercialization of energy storage projects in the Chinese market.Subscribers Only
China's NEA announces another 5.3 GW of PV capacity quota – IHS AnalysisOctober 16, 2015On 28th September, China’s NEA (National Energy Administration) announced plans to increase the country's quota for solar PV capacity by an additional 5.3 GWac. This has been widely reported as China increasing its 2015 PV installation target.Subscribers Only
[Display Dynamics] Is Xiaomi ready for going global?September 22, 2014Xiaomi Corp. made headlines in early August after it took the crown from Samsung Electronics Co. in sales of smartphones in China in the second quarter of 2014. The result might vary depending on estimates calculated in different ways, but it came as a large shock that this only four-year old Chinese company is threatening Samsung Electronics, which has been the largest smartphone seller in the Chinese market for years where it successfully beat rival Apple Inc.
NEA’s Lowered Target for Chinese Distributed Solar Helps Boost Market in H2’14August 19, 2014Whilst China’s National Energy Administration (NEA) lowered its 2014 installation target from 14 GW to 13 GW and matched IHS’ forecast from earlier in the year, it vowed to continue support for the PV industry and upcoming policy will help to remove barriers for distributed solar (DPV) and accelerate the build-out of new projects.
Global Production of Electric Vehicles to Surge 67 Percent This YearFebruary 17, 2014Driven by tighter emission standards in Europe, worldwide production of electric vehicles (EVs) will soar by 67 percent this year. Total production of EVs—both pure electric models and plug-in hybrid electric vehicles (PHEVs)— is projected to rise to more than 403,000 this year, up from slightly more than 242,000 in 2013, as presented in the figure. Growth will accelerate sharply from the 44 percent increase in 2013,
China Automotive Telematics Market Shifts to CE-Based SystemsFebruary 03, 2014When it comes to automotive telematics systems, Chinese consumers prefer embedded solutions that come from the factory installed in their vehicles. However, the country’s motorists during the next seven years increasingly will embrace systems that are based on consumer electronics (CE) wireless devices such as smartphones, with these solutions set to take the lead in the country’s telematics market in 2020. Embedded telematics systems from original equipment manufacturers (OEM) currently dominate China’s automotive telematics market, generating sales of 1.5 million units in 2013.
Auto MEMS Sensors to Keep Expanding toward Banner Growth in 2014Safety mandates in cars like ESC and TPMS will be the main driversJuly 15, 2013Sales of automotive microelectromechanical system (MEMS) sensors are expected to reach a high-water mark in two years as car-safety mandates come to full maturity and achieve maximum saturation...
China’s Telematics Market to Grow Eightfold from 2012 to 2019Country on path to becoming more important telematics regionApril 29, 2013
Already the world’s largest car market since 2009, China now is on the path to become the leading country for embedded automotive telematics systems made by original equipment manufacturers (OEM), with sales expected to grow by more than a factor of eight from 2012 to 2019, according to a new IHS Automotive Research report from information and analytics provider IHS.
OEM-embedded telematics sales in China will rise to more than 9.5 million units by 2019, up from 1.1 million in 2012. Shipments will expand to 1.8 million units this year, and then climb to 2.7 million units in 2014, 3.8 million units in 2015 and 5.1 million units in 2016.
At least 12 vehicle OEMs will add telematics systems to their cars in China from 2013 through 2015, IHS believes. These will be mostly embedded mechanisms, as the systems have a strong start in the country given the impressive sales of OnStar by General Motors, and also because of the introduction of similar efforts by other OEMs in China.
China ADAS Market Set for Solid Drive into the FutureRevenue projected to triple from 2013 to 2019April 26, 2013
The market for automotive Advanced Driver Assistance Systems (ADAS) in China is forecast to grow quickly from $971.0 million in 2013 to $3.1 billion in 2019 in light of rising awareness on ADAS benefits among the Chinese. Fitment rates for most ADAS products are currently very low in China, typically installed only in luxury and some high-end light vehicles because of their high cost. However, most ADAS mechanisms are predicted to see a big increase in China in both shipments and fitment rates starting this year until 2019, due to the growing awareness of driver safety from both consumers and vehicle manufacturers.
Polysilicon Price Stabilizes Despite Looming Trade DisputesPrices even set to increase during the next three monthsApril 24, 2013Following a sustained stretch of severe declines from February 2012 through the end of the year, solar polysilicon pricing has stabilized in early 2013, with prices steady in April and early May,...
Global Photovoltaic Market Will Finish Year with Slower GrowthGermany, China, Italy, US and Japan will be the Top 5 solar markets for the yearNovember 16, 2012Global photovoltaic (PV) installations will finish the year with discernibly lower growth than in 2011, undercut by softer demand in light of continuing economic uncertainties and a general cooling in solar markets worldwide...
A Year of Turbulence for the Solar IndustryConsolidation, trade wars and price drops rule in the second halfOctober 22, 2012The first half of 2012 was tumultuous for the photovoltaic (PV) industry. The overall economic downturn continued to impact prices across the silicon supply chain—extending from polysilicon to solar modules...
Photovoltaic Market Continued Hot Growth Streak in 2011 with 40 Percent ExpansionGermany and Italy tussle for top spot; US, China and France are in Top 5 among regions with most new installationsFebruary 06, 2012The photovoltaic (PV) market enjoyed another year of sunny growth as solar installations climbed 40 percent in 2011, although dark clouds loom on the horizon over the industry’s reduced prospects this year...
Photovoltaic Inverter Market Suffered Slight Setback in 2011But growth to return this year; strong performance expected to continue in China and USJanuary 30, 2012The worldwide photovoltaic (PV) inverter space dipped slightly in 2011 as two big solar markets stalled or cut tariffs, even though overall losses in the industry were mitigated somewhat by growth in other parts of the world...