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Hundreds of solar energy companies in 62 countries: over 70% of orders reduced
Issue Time:2020-05-06
On the issue of "Global PV installation capacity in 2020", photovoltaic people have experienced roller coaster-like ups and downs. At the beginning of the year, many people were full of confidence, hoping to achieve a target of 150GW or higher; even after the Spring Festival, many companies have proposed a forecast of 140-150GW.

From the perspective of a third-party analysis agency, Bloomberg NEF first proposed that 108-143GW of new global installed capacity is expected in 2020, which may be the first decline in global new installed capacity in the past 40 years. PV InfoLink believes that the global component demand is expected to be 118.3GW in 2020, a slight decline from 2019. IHS Markit predicts that global photovoltaic projects will drop to 105GW in 2020, and the Chinese market will increase to 45GW.

It should be pointed out that some of the above predictions only focus on the DC side component requirements, some only focus on the AC side grid connection data, and some are based on official data, but there is no clear distinction between DC and AC. So, how big is the impact of the new crown epidemic on the global market in 2020? How can we help companies overcome the difficulties?

Gianni Chianetta, chairman of the Global Solar Council (GSC), said that they have recently conducted a survey of global solar companies and received responses from hundreds of solar companies in 62 countries. According to the survey results, 71.2% of the respondents encountered the problem of order reduction. Among them:

● 60% of respondents ’order reduction is less than 50%

● 30% of respondents ’order reduction is between 50-90%

● Another 10% of respondents' orders decreased by more than 90% and almost disappeared.
Compared with the rise in supply chain prices, the difficulty of providing products / services to the outside world is more of a headache. 74.9% of the respondents believe that it is more difficult to supply products / services than before, and 71.4% of the respondents believe that this situation will continue in the next four months.


Judging from the feedback from related companies, difficulties in contract formation, supply chain / logistics issues, and restricted access to construction sites are the main reasons affecting the development of the photovoltaic industry. 57% of the respondents believe that their work cannot be carried out normally due to traffic control, restrictions on the movement of personnel, and shortage of staff. In addition, 18% of the respondents attributed the reduction in business to raw material supply and logistics.



In this market environment, what policy requirements do companies have? GSC survey shows:

38% of respondents want to get more tax credits 48% of respondents want the government to reduce taxes on solar installations 37% of respondents want to get a non-refundable loan or assistance 42% of respondents want to get Special support from national finance In addition, programs such as reducing administrative burden, relaxing financial supervision, stimulating investment demand, and improving the preferential treatment of solar energy in the power market are also mentioned.



Gianni Chianetta concluded that the overall popularity of COVID-19 has caused serious damage to economic and social operations, and has caused serious impacts on the daily operations and project investment and construction of global photovoltaic companies. He emphasized that, as health conditions permit, solar energy companies must resume operations as soon as possible, stimulate renewable energy investment through various means, improve relevant goals, and restore their long-term growth trends, so that this crisis will bring new opportunities to the green economy. Development Opportunities.