China's solar installations predicted to have surged in June

10-12GW of installations are expected.

Media has reported that installations are expected to have surged in June, with demand for photovoltaic (PV) goods seeing a pickup in May, according to UOB Kay Hian.

The surge in demand for PV goods is expected to be offset by the decline in ASP, with polysilicon and wafer prices down 3-12% ytd.

Overall, earnings will likely be evenly balanced between 1H and 2H, with a slight skew to 2H as rush installations result in spillover demand.

Here's more from UOB Kay Hian:

According to PV EnergyTrends, installations were expected to surge in June, with 10-12GW of installations expected. This represents a surge in installations as compared to 1Q17, which saw 7.21GW (+1% yoy) of installations.

Preliminary reports indicate only 3.87GW installed in April-May, so the surge in June will likely have induced a corresponding demand surge for PV goods in the months leading up to it. This is corroborated by a report from Economic Information Daily: based on interviews with industry players, a surge in demand for PV goods was seen in May which also saw a corresponding spike in prices.

Also Read

What is the future of gas in Australia's energy market?

Vietnam’s weak grid a barrier to direct power purchase policy

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit