Taiwan PV producers already benefiting from US anti-dumping case, says Jefferies

Facebook
Twitter
LinkedIn
Reddit
Email

Taiwan-based PV wafer and cell producers are already seeing the benefits from the US anti-dumping duty case, for which the US Department of Commerce has yet to make its final determination on possible countervailing import duties against Chinese PV module producers. According to Jefferies investment bank, sales at Taiwanese solar cell producers have rebounded 29% since the beginning of the year, after sales plummeted as overcapacity and subsequent weak demand resulted in many posting their lowest sales for more than two years.

A group of publicly traded Taiwanese PV producers, which include E-Ton, Motech, Mosel, Neo Solar Power, Solartech and Gintech, all saw increased sales in January that averaged 11.8% and averaged a further 15.4% in February.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Jefferies pointed to the increased sales activity as confirmation that China-based PV producers were concerned over the possibility of US anti-dumping duties and had increased purchases from Taiwan in an effort to overcome any duties yet to be imposed on China-produced cells and modules.

Several Chinese PV producers that have already released full-year 2011 results cited strong demand from Europe and the US in the later part of the fourth quarter, but had been able to meet some of the demand from inventory within the supply chain, despite having cut production in the third quarter.

Inventory levels for some ended lower than usual, which could also explain part of the rebound in sales of Taiwanese firms supplying to Chinese PV producers as well as customers in Europe and other regions.

However, many Chinese players had previously indicated that one of the strategies to limit the looming duties was to use solar cells from Taiwan for US module shipments.

Read Next

September 11, 2025
Founder Group has won a RM10 million (US$2.3 million) engineering, procurement, construction and commissioning contract for a 30MW solar plant in Malaysia.
September 11, 2025
German renewable energy developer ib vogt has signed a 70MW solar PV virtual power purchase agreement (vPPA) in Romania.
September 11, 2025
Madison Energy Infrastructure has raised US$800 million to accelerate the deployment of clean energy assets across the US. 
September 11, 2025
The PEARL Consortium has developed perovskite solar cells with carbon electrodes with a conversion efficiency of 21.6%.
September 11, 2025
The EBRD has launched a new programme to improve access to green financing and support energy investments such as renewable power projects.
September 11, 2025
Constant Energy has secured THB300 million (US$9.4 million) in green financing from HSBC to expand large-scale solar and battery storage projects in Thailand. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines