As PV Tech previously reported, Taiwan’s solar industry supply chain failed to recover lost revenue in 2017, despite strong global demand growth and expectation that installations topped 100GW.
The majority of Taiwanese solar industry companies that are public listed on the TSE have recently reported December, 2017 sales figures, highlighting how elusive the recovery in sales has been in 2017.
After several months of lacklustre sales from many key PV manufacturers in Taiwan, indicating an expected boom in China’s downstream PV market had yet to gain momentum, March sales data indicates improving market demand, yet not at the levels seen in the prior year quarter.
Many key PV manufacturers in Taiwan are still reporting monthly sales in February, 2017 that are well below the levels set in the first half of 2016, due primarily to the expected boom in China’s downstream PV market, which has yet to take hold.
Key Taiwan-based PV manufacturers have reported December, 2016 sales and indicated fourth quarter and full-year sales figures, which were primarily impacted by a slump in demand in the second half of the year.
Taiwan-based solar cell and wafer producers are being impacted by slowing demand from China and unfolding overcapacity that has resulted in ASP declines hitting monthly revenue figures since June.
