China still controls 60% of EU photovoltaic market

China cannot risk losing the EU market.

China’s Ministry of Commerce said that in 2011, China exported 21 billion PV products to the European Union or 80% of China's total PV exports. With an employment of 400,000, China's PV industry is almost totally dependent on the EU market.

The EU is the largest importer of China's photovoltaic products. Addressing trade problems through dialogues and consultation can help to maintain open, cooperative and sustainable trade relations, said the ministry.

This preference for dialogue was evident when representatives from 95 Chinese PV makers recently reached consensus on ending the PV products trade dispute with the European Commission.

The price consensus, satisfactory to most Chinese participants, will enable Chinese PV producers to continue exporting to the EU and maintain a reasonable market share under the agreed-on bilateral trade arrangements.

China said the negotiated price range will not be announced and that it is still working on quota allocation among domestic enterprises.

Also Read

Carbon capture and storage outlook worsens amidst high costs, performance

Indian wind and solar projects see improved performance in FY24

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