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Press Release


  • Merger of Gintech, NSP and Solartech Will Contribute to Taiwan’s Solar Industry by Speeding Up Vertical Integration and Stimulating Investments, Says TrendForce
    10-17-2017 / Rhea Tsao
    Taiwan’s three solar companies Gintech, Neo Solar Power (NSP) and Solartech signed an MOU on October 16 announcing their intention to merge as one single corporate entity by the third quarter of 2018. According to EnergyTrend, a division of TrendForce, the combined production capacity for photovoltaic (PV) cells of these three companies is projected to reach 5 gigawatts (GW). This estimate not only takes account of their combined 3.5GW capacity in Taiwan but also their combined 1.5GW capacity from their facilities located in Mainland China, Thailand and Vietnam. The company that resulted from this merger – United Renewable Energy Co., Ltd. (UREC) – will not only become the largest solar enterprise in Taiwan but also the world’s fifth-largest cell maker in terms of capacity and second-largest cell suppliers in terms of overseas shipping. [ more ]
  • TrendForce Anticipates Increasing Demand for Taiwanese PV Products This Third Quarter Following Latest Reviews of AD/CVD Rates
    07-14-2017 / Jason Tsai
    The U.S. has further lowered the antidumping and countervailing (AD/CVD) rates imposed on Chinese and Taiwanese solar imports in 2012 and 2014, according official statements on the recent AD/CVD reviews conducted by the U.S. Department of Commerce. Many PV cells and module manufacturers have managed to evade U.S. trade barriers by setting up factories in third-party countries, majority of them in Southeast Asia. However, TrendForce’s green energy division EnergyTrend believes that the reduction of AD/CVD rates will have an impact on the global market this third quarter. [ more ]
  • U.S. Caps AD Rate for Taiwan-Based Cell Suppliers at 4.2% According to Preliminary Result of 2014~2016 Solar Trade Case Review, TrendForce Reports
    03-03-2017 / Corrine Lin
    The U.S. Department of Commerce that on March 1 announced changes to the antidumping duties (AD) that are imposed on PV cell imports from Taiwanese suppliers during the 2014~2016 period. According to the preliminary result of the case review, the Commerce Department decided to substantially lower the AD rates for Taiwanese cell suppliers. The initial ruling had some of them pay the highest rate of 27.55% and the lowest rate of 11.45%, while the rest would have to pay 19.5%. The adjustments made after the review cut the highest rate down to 4.2% and the lowest rate down to 3.5%. The majority of Taiwanese suppliers, however, now pay a rate of 4.09%. [ more ]
  • TrendForce Reports PERC Cell’s Global Production Capacity to Reach 25GW in 2017, Resulting in Doubling of Total Annual Output
    01-19-2017 / TrendForce
    Volume production of PV cells based on PERC (passivated emitter rear cell) technology is expected to reach a new peak in 2017 on account of advances in equipment and manufacturing process. The latest PERC technology report from EnergyTrend, a division of TrendForce, states that PERC cell suppliers that began to expand their production capacity last year will be completing their works in the first half of 2017. Global PV cell production capacity on the whole will increase this year, while PERC cell capacity is forecast to reach 25GW by the year’s end. The total annual output of PERC cells is also expected to double compared with 2016. [ more ]
  • Cutting Costs Will Be Imperative for PV Enterprises as They Face Falling Prices in 2017, Says TrendForce
    12-15-2016 / Corrine Lin
    EnergyTrend, a division of TrendForce, estimates that the total PV demand worldwide for 2016 will reach 69.5GW. The installation rush in China during the year’s first half and significant market growth in the U.S. and India have been driving this year’s demand. [ more ]
  • Prices in PV Supply Chain Have Peaked and Expected to Drop in Late November, Says TrendForce
    11-16-2016 / Corrine Lin
    Product orders are tapering off across the PV supply chain as some projects that are required to connect to the grid before the year-end deadline are almost completed. Though polysilicon, wafer and cell prices have been on the rise during the past one and half months, the market demand has cooled down a bit. Corrine Lin, assistance research manager of EnergyTrend, a division of TrendForce, stated that prices of polysilicon, wafers and cells will soon experience a small decline. [ more ]
  • TrendForce Reports Second Review on 2012 Chinese PV Case Has Concluded; Manufacturers Put Overseas Expansion Plans on Hold
    08-01-2016 / Corrine Lin
    The U.S. Department of Commerce has released the final ruling on its second review of the antidumping and countervailing duties (AD/CVD) rates on Chinese PV module imports for 2012. According to the decision, imports from major Chinese manufacturers will be affected by total rates ranging from 23.95% to 33.13%. In the preliminary ruling of the second review, some manufacturers were imposed with a CVD rate of 19.62%. The final ruling, however, has further reduced it to 19.2%. On the whole, the latest ruling does not have a huge impact on major manufacturers’ strategies for the U.S. market. [ more ]
  • PV Cell Makers Have Lowered Production to Survive the Off Season as Prices Along the Solar Chain Reach New Depths, Says TrendForce
    07-21-2016 / Corrine Lin
    The global PV market has encountered a freeze in demand as it enters the third quarter, and declining orders led to rising inventories for wafers, cells and modules. “Prices in different sectors of the supply chain have kept falling through July due to the lack of demand,” said Corrine Lin, assistant research manager of EnergyTrend, a division of TrendForce. “The cell prices in particular have reached their historical lows during this off season.” EnergyTrend expects the situation in the August market to turn for the worst, and demand will probably not pick up even by the end of the third quarter. [ more ]