Due to the ongoing trade disputes, the export volume of China’s photovoltaic solar products will drop to about $13 billion this year, down 40 percent year on year, Wang Bohua, secretary general of the China PV Industry Alliance, said on Tuesday.
Europe’s anti-dumping and anti-subsidies investigations on China’s solar products will have a bigger influence on the domestic solar industry than the probes started by the United States, said Wang during the 2012 Intersolar China Conference in Beijing.
He said that domestic orders for manufacturing equipment for PV solar products have dropped 80 percent year-on-year, which indicates the dramatic drop of China’s PV production.
The overseas market takes about 90 percent of China’s PV industry output. The US and Europe are the two biggest markets.
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