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TrendForce Says Trump Presidency Will Trigger Installation Rush in U.S. Solar Market, Followed by a Demand Freeze

9 November 2016

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.”

Global Supply Area for Large-Size LCD Panels to Expand 3.8% Annually in 2017, TrendForce Reports

8 November 2016

The latest report from WitsView, a division of TrendForce, finds that the supply of low-end panels for notebooks and tablets has declined as South Korean panel makers scale back production at some of their fabs and focus mainly on products for high-end applications. Global shipments of large-size LCD panels (7 inches and greater) will continue to contract in 2017, registering an annual decline of 2.4% to around 725 million units. On the other hand, the supply area of large-size panels will expand next year on account of strong demand for large monitors and TV sets. WitsView forecasts that global supply area of large-size panels will post an annual increase of 3.8% in 2017.


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