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

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

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

July 18, 2025
The average price of solar panels used in distributed generation projects in the US reached US$0.27/W by the first half of the year.
July 18, 2025
Companies have signed 4.22GW of solar PV power purchase agreements in the first half of 2025, according to Swiss consultancy Pexapark.
July 18, 2025
PV Tech spoke with international buyers and investors on key industry issues such as new technology equipment procurement, supply chain management and ESG compliance.
Premium
July 18, 2025
Inside the European Solar Academy's steps to equip Europe’s workforce with necessary skills as it approaches its first anniversary.
July 18, 2025
Georgia Power’s 2025 Integrated Resource Plan (IRP) will see the utility aim to install 4GW of new renewable power capacity by 2035.
July 18, 2025
Decisions and actions related to the US Department of Interior (DoI) will ‘undergo elevated review’ of solar PV and wind facilities.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK