Taiwanese cell producers could reach 10GW in 2014 but the spectre of US trade action could yet derail 2013’s growth, according to new research.
EnergyTrend, part of TrendForce, said shipments from the country had grown 42% year on year to reach 8.3GW in 2013.
“Regarding the trade war initiated by SolarWorld, it’s not likely to impact Taiwan in January and February. Yet, if the judgment reaches final stage, they may decide to trace back to products traded since the beginning of March, 2014,” said Jason Huang, research manager of EnergyTrend.
“By then, Taiwanese manufacturers’ OEM orders received in the end of 1Q14 and the beginning of 2Q14 may be affected,” he added.
TrendForce claimed that while the possibility of hitting 10GW in 2014 remains, the uncertainty created by the US trade ruling means producers would be well advised to explore new markets.
Motech, Neo Solar Power and Gintech all exceeded 1GW last year. Motech remained the largest single producer but TrendForce warned that it could be superceded by NSP in 2014.