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PV Module Prices to Rebound into Uptrend as Global Wafer Prices Surge Once Again, Says TrendForce

2020/08/13

Energy

Polysilicon prices have seen continuous hikes in the past two weeks due to the explosion at Jiangsu Zhongneng’s chemical plant in Xinjiang and the impact of the COVID-19 pandemic, according to TrendForce’s latest investigations. In particular, mono polysilicon closing prices increased by more than 10% on average, which led wafer suppliers to increase wafer prices. As a result of rising wafer prices, the downswing in global PV module prices rebounded into an uptrend instead.

Press Releases
Total Inverter Shipment in Taiwan Once Again Sets Record High in 1H20, with Chinese Manufacturer Sungrow Making Its First Appearance in Top Three, Says TrendForce

2020/07/29

Energy

The current progress of downstream PV system installation in Taiwan is considerably lagging behind the 2.2GW yearly installed PV capacity targeted by the Bureau of Energy, Ministry of Economic Affairs in 2020, according to TrendForce’s latest investigations. Taiwan’s cumulative installed PV capacity reached a mere 410MW during the first five months of the year. Furthermore, recent legislative changes by the Council of Agriculture have made an impact on Taiwan’s PV industry, meaning the Bureau’s target of 2.2GW this year is a tall order for the market to reach. However, total PV module shipment and inverter shipment in Taiwan have each closed in on the 1GW mark in 1H20, a historical high for both sectors.

Press Releases
Chailease Leads the Pack in 2019 Rankings of Taiwanese EPC Suppliers, Says TrendForce

2020/03/18

Energy

According to the latest edition of the 2020 Solar Powering Taiwan: Special Report, published by the EnergyTrend research division of TrendForce, the Taiwanese PV market reached newly installed capacity of 1,411MW in 2019, which was 94% of the way to meeting its 1.5GW goal. Taiwan’s newly installed capacity in 2019 set a record since the market’s inception, in addition to landing it in the global GW-club.

Press Releases
TrendForce Releases the 2019 Rankings of Taiwanese PV Module and Inverter Manufacturers

2020/02/12

Energy

The latest analysis from the EnergyTrend research division of TrendForce finds that Taiwan’s newly installed capacity reached historical highs in 2019, with over 36% growth YoY compared to each quarter in 2018. This growth momentum is expected to continue in the next few years as large-scale ground-mounted PV projects are underway.

Press Releases
Growth for 2020 Taiwanese Solar Energy Market Positive, as Feed-in Tariff Stabilizes, Says TrendForce

2019/12/18

Energy

Since its domestic grid connections crossed the gigawatt mark in 2018, the Taiwanese solar energy market has come under international scrutiny, as the local government actively executes its two-year solar development program. The latest analysis from the EnergyTrend research division of TrendForce shows that cumulative PV installations in Taiwan reached 3.8GW in September 2019; the adjustments made in the 2020 draft of feed-in tariffs (FIT) are expected to help Taiwan achieve its goal of 6.5GW cumulative PV installations in 2020.

Press Releases
Annual Decline for Feed-in Tariff Should be Set at 4% in Order to Meet 2025 PV Installation Goals, Says TrendForce

2019/08/19

Energy

According to the latest “Solar Powering Taiwan: Special Report” by EnergyTrend, a division of TrendForce, Taiwan's PV installations made it past the 1GW mark for the first time in 2018, attracting many investors to set up PV power plants in Taiwan. The Bureau of Energy has therefore increased their installation goal for 2019 to 1.5GW. In order to reach this goal, they will be focusing on four big areas: Taiwan Sugar demonstration projects; industrial factory roofing promotion projects; large developer promotion projects; and projects applied for approval in 2018.

Press Releases
Taiwan EPC Supplier Rankings for 2018: Chailease Energy's Market Share Gone Above 10%, Says TrendForce

2019/04/17

Energy

According to the latest Regional Project Report – “Solar Powering Taiwan: Special Report ” by EnergyTrend , a division of TrendForce , new installations in the Taiwan's PV system market may reach 1.58GW in 2019. If 2020 sees 2GW worth of new installations, then the Bureau of Energy, Ministry of Economic Affairs may reach their set goal to accumulate 6GW in new installations by 2020. Among Taiwan's EPC suppliers ranked for 2018, Chailease Energy takes the lead and boasts a market share of 10%.

Press Releases
Taiwan's Solar PV Market Continued to Grow in 2018 and Surpassed 1GW in Installations for the First Time, Says TrendForce

2019/04/10

Energy

According to the newest Regional Project Report –“Solar Powering Taiwan: Special Report” by EnergyTrend , a division of TrendForce , 2018 will prove to be the most disastrous year for Taiwan's solar PV manufacturers, yet the best year in terms of solar PV system installations downstream, bringing new installations up to 1GW for the first time in history. The government is now actively pushing towards a goal of 1.5GW in new installations by the end of 2019.