The photovoltaic crisis has intensified the EU's anti-dumping investigation

[Source: "New Industry" October issue]

On September 6, the European Commission issued an announcement to launch an anti-dumping investigation against Chinese photovoltaic cells. This is also the survey conducted by the largest demand market in the global photovoltaic industry.

As a result, the price of photovoltaic modules in Europe is diving. A number of analysts told the "New Industry" that the price of PV modules in China is declining. "The original price was 0.5 Euro per watt, but in recent days, some companies have sold goods at an ultra-low price of 0.4 Euro per watt. Some manufacturers have already There is a panic."

“The PV module price diving behavior may be a panic performance of some small manufacturers.” A senior executive of Jinke Energy (JKS.NYSE) told the “New Industry” that the EU-sponsored anti-dumping investigation will last for nine months, and it is estimated that the EU may not A retrospective behavior similar to the US “double counter” was made, so the 9-month sales during the investigation period will be guaranteed.

However, some people in the legal profession pointed out that it is not ruled out that some large manufacturers will use the nine-month period to carry out low-priced sales, thereby combating the confidence of SMEs and completely eliminating them. Therefore, small and medium-sized PV manufacturers will immediately dump the goods from the date of the announcement of the EU, which is to prevent further losses in the future.

In fact, the investigation period in the next 9 months will also be a crucial period for Chinese PV manufacturers to maintain the European market. It will also directly determine the survival of a considerable number of Chinese PV manufacturers.

In 2011, China's PV modules and components sold to Europe totaled 21 billion euros, accounting for about 60% of China's PV products exports.

Life and death game

The anti-dumping investigation was initiated by European crystalline silicon photovoltaic modules and key component manufacturers and submitted through the civil organization EU ProSun.

"The amount involved in this case exceeds 20 billion euros, unprecedented." Senior lawyer Wang Jianyu told the "New Industry" that half of China's PV market is in Europe, and it is very different from previous cases.

The management of Jingke, Trina Solar, Suntech and other companies all expressed their support for the "New Industry". They hope that the Ministry of Commerce will come forward and negotiate with the German government, which has the largest PV export volume, to resolve the matter during the investigation and avoid the anti-dumping tax rate. The introduction of.

Mr. Liu, the head of Jinko Energy's investor relations, said that the company had held a small seminar, and lawyers told him that the investigation will last for nine months. It is estimated that in the past 9 months, Jinko Energy’s exports to Europe should not be affected.

Yao Ling, a researcher at the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce, said that the European Union also filed a survey on China's communications equipment last year, but then it was resolved that the EU's PV anti-dumping investigation is expected to have similar results.

Just half a month ago, the Ministry of Commerce also received a complaint from a domestic polysilicon company requesting an anti-dumping investigation against the EU polysilicon products. Whether the investigation will take place will wait for the conclusion of the Ministry of Commerce.

"The trade war can only be both loses, no one will benefit." Yao Ling said.

"After nine months, the EU will give a survey result and will submit it to various EU member states. At that time, it will look at the statements of governments and associations in other countries such as Germany," said a person in charge of Jingke Energy.

Unfinished

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