U.S. Photovoltaic Prepared Projects Proliferate, Benefiting Global Market Recovery The U.S. solar energy industry support policies mainly include three aspects: 1. adopting tax relief, fiscal subsidies, and other policies to attract industry investment and maintain competitiveness; 2. adopting guarantees for solar energy projects** Such as encouragement policies; 3, take measures to remove barriers for investors into the solar industry. In addition, 20 states, including California, already have renewable energy standards, and some states have on-grid tariff policies. The implementation of these policies has also promoted the development of the US solar PV application market.
Among the above policies, the most successful should be the 2009 IRS Article 1603 Alternative Energy Subsidy Act (also known as the "Cash Return Act"). The main content of this article is that after the completion of renewable energy projects, the U.S. Department of Finance must return 30% of the project cost in cash within 60 days. This is a significant improvement over the previous tax refund policy because companies do not have to bear any tax burden. , you can enjoy cash returns. After the introduction of the policy, in 2009 and 2010, there was a continuous and significant growth in the US photovoltaic installation market. At the end of last year, the Obama administration extended the term of the “Cash Repayment Act†by one year, plus the substantial reduction in the prices of photovoltaic products since the first half of the year, prompting a large-scale increase in U.S. PV system application market investment this year. From the analysis of up to 24GW non-residential solar energy preparation projects, the future US PV installation capacity will maintain rapid growth.
The strong growth of the US photovoltaic system market can, to a certain extent, promote the recovery of the domestic photovoltaic industry. Similar to China, the United States is also the world's major exporter of photovoltaic products, but the structure of photovoltaic products has significant differences with China. According to statistics, in 2010, the trade surplus of photovoltaic products in the United States was mainly achieved through upstream polysilicon and photovoltaic equipment, while the mid-to-downstream PV module products achieved a net import of US$1.2 billion, of which imports from China rose from 2009 to US$430 million to 2010. $1.4 billion. We believe that although the United States is the world's major export market for photovoltaic products, its competitive advantage is mainly concentrated in the upper reaches, forming a certain degree of complementarity with China's emphasis on the linking of photovoltaic cells and components in the midstream and downstream. Therefore, the strong growth of the US photovoltaic system market is conducive to a rebound in the prosperity of the photovoltaic market in China and even in the world.
Among the above policies, the most successful should be the 2009 IRS Article 1603 Alternative Energy Subsidy Act (also known as the "Cash Return Act"). The main content of this article is that after the completion of renewable energy projects, the U.S. Department of Finance must return 30% of the project cost in cash within 60 days. This is a significant improvement over the previous tax refund policy because companies do not have to bear any tax burden. , you can enjoy cash returns. After the introduction of the policy, in 2009 and 2010, there was a continuous and significant growth in the US photovoltaic installation market. At the end of last year, the Obama administration extended the term of the “Cash Repayment Act†by one year, plus the substantial reduction in the prices of photovoltaic products since the first half of the year, prompting a large-scale increase in U.S. PV system application market investment this year. From the analysis of up to 24GW non-residential solar energy preparation projects, the future US PV installation capacity will maintain rapid growth.
The strong growth of the US photovoltaic system market can, to a certain extent, promote the recovery of the domestic photovoltaic industry. Similar to China, the United States is also the world's major exporter of photovoltaic products, but the structure of photovoltaic products has significant differences with China. According to statistics, in 2010, the trade surplus of photovoltaic products in the United States was mainly achieved through upstream polysilicon and photovoltaic equipment, while the mid-to-downstream PV module products achieved a net import of US$1.2 billion, of which imports from China rose from 2009 to US$430 million to 2010. $1.4 billion. We believe that although the United States is the world's major export market for photovoltaic products, its competitive advantage is mainly concentrated in the upper reaches, forming a certain degree of complementarity with China's emphasis on the linking of photovoltaic cells and components in the midstream and downstream. Therefore, the strong growth of the US photovoltaic system market is conducive to a rebound in the prosperity of the photovoltaic market in China and even in the world.
Taizhong Wood Co., Ltd. , http://www.sgtzwood.com