As Taiwan exports flag, domestic market picks up
Taiwan Industry: With prices for solar PV cells and modules plumbing new depths in the face of slowing demand and oversupply in global markets, Taiwans solar industry is in dire need of relief. Could Taiwans own domestic installations market provide a lifeline? In an industry facing chronic overcapacity issues and strong price pressure, 2016 is proving to be a particularly arduous year for Taiwans solar manufacturers. Sales are down and losses are mounting.
The reduction to China’s feed-in tariff after June 30 put the brakes on Chinese installations for the second half of 2016. According to solar market analytics firm EnergyTrend, grid-connected installations will drop from more than 21 GW in the first half, to just 5.5 GW for the second half. U.S. and Japanese markets have also …
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