Japan's nuclear disaster affects European solar market

DIGITIMES Research pointed out that although the European market is still affected by uncertainties in Italy and Germany, it has caused a strong wait-and-see atmosphere. However, recently the market has reported that due to the nuclear disaster caused by the 311 earthquake in Japan, the Japanese government has not ruled out a new budget. The northeastern region that supports strong earthquakes has installed about 1 billion watts of solar energy system. The solar energy industry said that it is closely monitoring the trend of the news. In addition, the European market has been affected by Japan’s nuclear disaster, and it has already started to increase the price of electricity. As a result, solar photovoltaic development space will also increase. As a result, the industry expects that the recent battery-side production cuts and bargains are “dark before dawn”.

Although the European market was uncertain about the new subsidies from Italy and Germany, which led to a strong wait-and-see atmosphere that affected demand, the bargain hunting and production reduction issues began to ferment. However, solar energy companies said that the market conditions are not necessarily completely pessimistic and new demand has not slowed down.

The solar cell plant that has Japanese OEM orders revealed that the Japanese government recently reported that the Japanese government has been responsible for nuclear disasters, causing nuclear power, power outages, restoration of electricity, and strengthening the rapid growth of the renewable energy industry. The tsunami-affected northeastern region has set an additional budget and it is expected that about 1 billion watts of solar rooftop demand will come into being. At present, it is still not possible to determine the operational mode of the strategy. Japanese customers have been asked to pay more attention to facilitate the follow-up cooperation.

In addition to the Japanese market, the Italian market is also expected to announce a new subsidy policy on the 10th or so. The solar industry believes that the main reason for the freezing of demand from the Italian market is due to bank-side loans because there are no new subsidy rates. It is impossible to estimate the return on investment of the new system case. Due to fears that the rate cut will be higher than expected, many banks will gradually reduce their capital borrowings, wait to see the new rates and make decisions, and the funds for system installation will be further affected by bank attitudes. When it comes to freezing, once the new strategy is released, it also means that the funds on the system side can be thawed and started to run.

In addition, the solar energy industry analysts, regardless of the number of cuts in the Italian market subsidy, as long as there is no cap for the installation of subsidies, the currently mature Asian solar energy industry supply chain should have enough strength to compensate for government subsidies through price cuts. , cut down the reduced return on investment (IRR).

The most dramatic of these was the German market. Affected by Japan’s nuclear disaster, the German government, which had high anti-nuclear awareness, quickly shut down seven nuclear power plants established before 1980 and conducted comprehensive security checks to appease the people. The German government also Strengthen the amount of subsidies for renewable energy, especially to increase off-shore wind energy as an alternative to the power required to shut down 7 power plants. In addition, it also strengthens the basic grid-connected structure of solar photovoltaics.

However, the recent local elections in Germany were still affected by the Japanese nuclear disaster, which made the anti-nuclear German Green Party a big victory, and it is expected to win the Baden-Württemberg state together with another opposition Social Democratic Party, which seriously impacted Angela (Angela). Merkel's election to the next premier election highlights Merkel's efforts to retain power and restore the people's special effects. It may be a renewable energy policy, and the new solar energy subsidy policy to be implemented in July may bear the brunt of it.

In addition, foreign reports reported that the impact of Japan’s nuclear disaster, including Germany, Austria, the Czech Republic, Poland, and other European countries’ traditional electricity prices, has escalated, indicating that the traditional power generation and solar photovoltaic power generation costs are even closer (Grid-Parity) milestones. For the solar optoelectronics industry, the recent production cuts and bargains fall into the "darkness before dawn."