{"id":14320,"date":"2013-08-28T10:12:26","date_gmt":"2013-08-28T04:42:26","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=14320"},"modified":"2013-08-28T10:12:26","modified_gmt":"2013-08-28T04:42:26","slug":"despite-the-trade-wars-and-quotas-china-to-account-for-70-of-global-supply","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2013\/08\/28\/despite-the-trade-wars-and-quotas-china-to-account-for-70-of-global-supply\/","title":{"rendered":"Despite the Trade Wars and Quotas, China to account for 70% of Global Supply"},"content":{"rendered":"<h1>China and Taiwan to account for 90% of Global Supply<\/h1>\n<p>The <strong>Chinese solar industry<\/strong> has been making global media headlines as <strong>USA<\/strong> imposed a duty on Chinese solar panel imports. A <a href=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2011\/09\/images-21.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-5006\" title=\"Solar Panels \" src=\"http:\/\/www.greenworldinvestor.com\/wp-content\/uploads\/2011\/09\/images-21.jpg\" alt=\"Solar Panels\" width=\"259\" height=\"194\" srcset=\"https:\/\/iiec-india.org\/greenworld\/wp-content\/uploads\/2011\/09\/images-21.jpg 259w, https:\/\/iiec-india.org\/greenworld\/wp-content\/uploads\/2011\/09\/images-21-100x75.jpg 100w\" sizes=\"auto, (max-width:767px) 259px, 259px\" \/><\/a>trade war was averted with <strong>Europe<\/strong> after both sides reached a last minute deal. Under the deal China is restricted to sell only <em>7 GW of panels to Europe in one year at a minimum price<\/em>. China is also facing potential duties in India as well. Despite these issues, China is all set to produce<strong> 23 GW<\/strong> of solar panels in 2013, which will account for almost 70% of the global demand of ~35 GW in 2013. The country is too far down the cost curve for other countries to effectively compete with China. <strong>Taiwan<\/strong> will account for another 20% of the global supply, which means that these 2 countries will account for almost<em> 90% of the global supply<\/em>.<\/p>\n<p>China is also making strides in the polysilicon manufacturing and will probably meet half of its domestic demand through internal sources. <a href=\"http:\/\/www.greenworldinvestor.com\/2011\/07\/06\/polysilicon-manufacturing-process-of-depositionindustry-growthtechnology-productionsolar-usemanufacturing-companiescost-and-prices\/\" target=\"_blank\" rel=\"noopener\"><strong>Polysilicon<\/strong><\/a> is the only part of the supply chain where China has failed to dominate. Poly requires high chemical making expertise and small Chinese companies have failed in building economic plants. Most of the plants were too small and too costly and have been <a href=\"http:\/\/www.greenworldinvestor.com\/2012\/02\/23\/chinas-smaller-polysilicon-companies-go-bankrupt-as-price-goes-below-cost\/\" target=\"_blank\" rel=\"noopener\">shut down<\/a>. Only a few big poly makers are left in China with half of the <a href=\"http:\/\/www.digitimes.com\/news\/a20130818PD200.html\">requiremenst being imported.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China and Taiwan to account for 90% of Global Supply The Chinese solar industry has been making global media headlines as USA imposed a duty on<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[80,45,104],"tags":[1002,4070,4879,5401],"class_list":["post-14320","post","type-post","status-publish","format-standard","hentry","category-china-world-markets","category-solar-renewable-energy-greeninvest","category-taiwan","tag-china-green-stocks-greeninvest","tag-polysilicon","tag-solar-industry","tag-taiwan"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/14320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=14320"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/14320\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=14320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=14320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=14320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}