The main policy of the European PV industry is subsidies for on-grid tariffs. However, in recent years, in order to adapt to the falling prices of photovoltaic products and control the disorderly growth of the photovoltaic industry, European countries have accelerated the pace of reducing PV subsidies. The decline will be the main theme of the European PV market? In Germany, in early 2012, the subsidy for on-grid tariffs for photovoltaic systems below 10 MW has dropped from 0.32 euros/kWh to 0.135 euros/kWh? In addition, since May 2012, Germany cuts PV subsidies monthly by 0.15 Euro cents per kWh per month. On March 30, 2012, the German Parliament passed the Photovoltaic Subsidy Reduction Act, which aims to cut the annual installed capacity of the world's largest PV market by half. According to the bill published on the German Parliament website, since April 1st, PV subsidies will be cut. 29%, and depends on the installed scale of the PV power plant. The bill stipulates that the new feed-in tariff for rooftop PV systems below 10 kW is 0.195 EUR/kWh, and the subsidy for rooftop PV systems below 1 MW is 0.165 EUR/kWh, subsidies for 1 to 10 MW ground support systems and rooftop PV systems. The fee is 0.135 EUR / kWh. In the UK, the original PV subsidy program was for the UK government to repurchase electricity to PV installers at 43 pence/kWh, but the UK government announced that it would reduce the subsidy price to 21 pence/kWh. The Greek Ministry of the Environment has also announced a new on-grid tariff subsidy reduction plan for photovoltaic projects. The Greek PV feed-in tariff subsidy will be reduced from the current 0.32 Euro/kWh to 0.229 Euro/kWh in August 2014. Swiss Environment? Transportation Energy The Ministry of Communications and the Ministry of Communications recently announced that they will increase the national PV subsidy reduction plan by 10%, plus 8% of the previous implementation on January 1, the total reduction will reach 18%. At the same time, European countries are also tightening the ceiling for installed PV power plants. For example, France has determined that the annual subsidy installation limit is 500 MW, while Germany gives the 2012 installation target of 2.5 GW to 3.5 GW. Compared with the total of 7.5 GW in 2011, the installed capacity has dropped by about half, and since 2014, Germany will also reduce the installed capacity of 400 MW per year, and strive to limit the annual installation to 900 MW in 2017. To 1900 MW. In addition, the reduction in feed-in tariffs puts more pressure on the price of photovoltaic products. From the beginning of 2011 to the present, the price of photovoltaic products has continued to decline. In early 2012, the price of components has been lower than US$1/watt, which is close to US$1.7/W at the beginning of 2011. Compared with the decline of more than 40%? Recently, there are more news that the component transaction price is as low as 50-60 cents/watt. The continuous decline of the price of photovoltaic products poses a great challenge to the profitability of photovoltaic enterprises. The continuous decline in the price of photovoltaic products has led to a significant reduction in the market size of the European PV industry. In 2011, the European PV market was 51.8 GW, accounting for 74% of the global PV market. Among them, the new installed capacity was 21.9 GW. The Industry Association (EPIA) released its market forecast report in May 2012. It is pessimistic that the new installed capacity of the PV market in Europe is only 10.3 GW in 2016, less than half of that in 2011. Even under policy-driven, optimistic estimates for 2016 The new installed capacity of the European PV market is only 24.8 GW.
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