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Press Release


  • ITC Rules in Favor of Relief from Solar Imports Under Section 201; TrendForce Anticipates U.S. PV Demand for 2018 to Be Cut in Half
    09-25-2017 / Jason Tsai
    The U.S. International Commission (ITC) announced on September 22 (local time) that it has accepted Suniva’s petition to seek relief against all solar imports under Section 201 of the 1974 Trade Act. Following the affirmation of Suniva’s claim, ITC will develop recommendations to safeguard the U.S. solar market against imports from Asia. EnergyTrend, TrendForce’s green energy research division, states that ITC’s ruling is expected to raise the solar trade barrier significantly and may slash the U.S. photovoltaic (PV) demand for the whole 2018 by half. [ more ]
  • Strong Chinese Market to Push Annual Global Photovoltaic Demand Above 100 Gigawatts for 2017, Says TrendForce
    09-14-2017 / Rhea Tsao
    China will again take the leading share of the total annual photovoltaic (PV) demand worldwide in 2017, says the latest Gold Member Solar Report by EnergyTrend, a division of TrendForce. China’s solar demand for this year has surpassed earlier expectations due to the surging installations of distributed PV systems. With China’s contribution, the annual global PV demand is also projected to cross the 100-gigawatt mark for the first time in 2017, coming to a 100.4 gigawatts. Compared with 2016, this year’s global PV demand will advance by about 26%. As the Chinese government continues to support its domestic solar sector, the annual global PV demand is expected to top 100 gigawatts through to 2019. [ more ]
  • PV Price Trends to Diverge Between China and Other Regions This Third Quarter as the U.S. Decides on Suniva’s Petition, Says TrendForce
    06-29-2017 / TrendForce
    The latest PV market analysis by EnergyTrend, a division of TrendForce anticipates falling prices across the supply chain this July, but the overall decline will not be as steep as the one occurred in the same period a year ago. Though the Chinese government will implement a cross-board subsidy reduction at the end of June, some of the country’s PV projects have a temporary reprieve. Furthermore, China’s solar demand is still being supported by installations related to the Top Runner Program and the PV Poverty Alleviation Project. These factors will moderate the price decline during the early third quarter. [ more ]
  • TrendForce Expects India to Overtake Japan as the World’s Third Largest Solar Market in 2017
    03-13-2017 / Celeste Tsai
    The global solar market has yet to show signs of turnaround after going through the turbulent 2016. The latest Gold Member Solar Report by EnergyTrend, a division of TrendForce, forecasts that the global PV demand for 2017 will total just 73.9 gigawatts. This year’s PV demand growth will be nearly flat for the first time after years of expansion. Also, the ranking of the top three regional solar markets will likely change this year, with India having the opportunity to displace Japan to become the world’s third largest. [ 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 ]
  • 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 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 ]
  • Taiwan to Become One of 10 Largest PV Markets Worldwide in 2017, Says TrendForce
    11-02-2016 / Celeste Tsai
    Taiwan’s government has focused on expanding the island’s PV power generation as part of its plan to abandon nuclear power. In terms of targets, Taiwan aims to add 1.52GW of PV capacity between mid-2016 and mid-2018 and ultimately achieve a cumulative capacity of 20GW in 2025. If 1.52GW plan is successfully implemented, Taiwan will be joining Thailand as one of the world’s 10 largest PV markets in 2017 with an annual demand reaching 900MW, according to EnergyTrend, a division of TrendForce. With the global PV demand being almost flat next year, Taiwan is now considered a highly prospective market for major enterprises within the supply chain. [ more ]