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Press Release


  • 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 ]
  • TrendForce Says Trump Presidency Will Trigger Installation Rush in U.S. Solar Market, Followed by a Demand Freeze
    11-09-2016 / Celeste Tsai
    The result of the U.S. election may further aggravate the oversupply situation in the global PV market, according to Celeste Tsai, analyst for EnergyTrend, a division of TrendForce. The federal Investment Tax Credit (ITC) for solar power, which the U.S. Congress has extend to the end of December 2022 will maintain PV demand in the U.S. at 8~13GW each year from 2017 to 2019. “Donald Trump’s administration wholly supports fossil fuels over renewable energies, so there is a strong possibility that the U.S. will stop subsidizing the installation of PV systems altogether,” noted Tsai. “Under this scenario, the U.S. will witness a great urgency to install PV systems before the ITC cut-off date, followed by a freeze in domestic demand and a worsening of the current oversupply problem in the global PV market.” [ 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 ]