The vast majority of the European solar industry will be celebrating the removal of the Minimum Import Price for Chinese PV cells and modules coming into Europe. As of midnight tonight it will cease. This will have a number of consequences both in terms of new solar projects and European manufacturing. As subsidy-free solar is beginning to stack up in many European countries, falling equipment prices should create a major boost to the economics of projects. Projects which were previously borderline in terms financial viability will hopefully now be in a position to go ahead making installing solar more attractive at all scales.
We will also certainly see a consolidation on the manufacturing side. With MIP protecting many smaller European PV manufacturers, I am sure many will now struggle to compete. Over the next couple of years I would predict that only the very large manufacturers will be able to survive and dominate the industry.
Having worked in the solar and clean energy sector for the last eight years, I look forward to seeing how the next chapter unfolds.
In an unexpectedly early announcement, the European Commission has decided to end EU anti-dumping and anti-subsidy measures on solar PV cells and modules from China at midnight on September 3. James Watson, CEO of SolarPower Europe, told pv magazine, “SolarPower Europe has fought hard for the removal of these duties as we see them as a major barrier to the growth of solar in Europe. We are pleased that the Commission will follow its plan to eliminate the measures on 3 September, while at the same time we must now have a strong industrial policy put in place for solar manufacturing to grow in Europe.”