According to Chinese industry sources, some solar firms plan to decrease investments in the US solar market, with China-based solar firms likely to expand procurement of solar cells from Taiwan-based peers.
The effects of the anti-dumping duties announced by the US government against China-based solar firms are continuing. According to Chinese industry sources, some solar firms plan to decrease investments in the US solar market.
The market believes China-based solar firms are likely to expand procurement of solar cells from Taiwan-based peers, while other forms of cooperation have also been predicted. Some Taiwan-based solar firms increased quotes immediately after the announcement of the duties.
Nevertheless, the price increase initiated by Taiwan-based solar cell makers has not been successful because some China-based peers have been considering the possibility of decreasing investments in the US market, which means that demand for solar cells from Taiwan is likely to fall as there will be fewer solar modules exported to the US.
However, according to industry sources, lowering investments in the US does not mean giving up on the US solar market, as, in the long run, it has a lot of potential. Moreover, the industry will need to wait for the decision from the International Trade Commission on whether the duties will extend to solar modules.
Industry sources in Taiwan noted that price negotiations are ongoing.