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.
Key Taiwan-based wafer producers Green Energy Technology (GET), Sino-American Silicon (SAS) and Danen Technology delivered mixed sales results for September, 2016, yet the underlining trend remained weak demand and ASP pressures.
Polysilicon producer REC Silicon is cutting production at its Moses Lake facility by around 50% from the beginning of October due to overcapacity in the solar supply chain.
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.