Fang Peng, CEO of JA Solar Holding Co.,Ltd pointed that it will be worse for oversupply of PV industry before the new integration of PV industry, and there will appear short supply in 2014 and 2015.

He pointed that the worst time of PV market is not coming. He predicted that more than 90% PV enterprises will face the risk of being eliminated in 2013.

He also added that most PV systems of Germany and Italian have finished in the first half of 2012. The prediction from industry persons is not clear. The market demand in the emerging market of Japan, Middle East, South Africa etc will keep strong. Therefore, the global demand may keep increase, but the price will continue to fall.

Fang Peng expressed that the price declining is mainly in the part of polycrystalline silicon, silicon slice and battery slice. However, the price of PV assembly and the system part will be possible to be down.

He predicted that the PV demand in Japan will increase greatly as the latest PV subsidy and longing for the energy.

Japan planned to close 54 nuclear power plants at the end of 2012, which amounts to 1/3 generated energy of the country, There will appear 100GW energy gap. Therefore, Japan needs renewable energy sources to fill this gap. If 30% of 100GW is supplied power by PV solar, Japan need to install 120GW PV system. He showed that this scale is further larger than that in Germany.

He indicated that at present, there is no need innovate technology in the PV industry. So substitute products of film and other polycrystalline silicon products may be marginalized in the short term.