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The latest PV market analysis by EnergyTrend, a division of TrendForce anticipates falling prices across the supply chain this July, but the overall decline will not be as steep as the one occurred in the same period a year ago. Though the Chinese government will implement a cross-board subsidy reduction at the end of June, some of the country’s PV projects have a temporary reprieve. Furthermore, China’s solar demand is still being supported by installations related to the Top Runner Program and the PV Poverty Alleviation Project. These factors will moderate the price decline during the early third quarter.
Taiwan’s major annual optoelectronics industry exhibition, Photonics Festival 2017, will be held in Nangang Exhibition Hall of Taipei World Trade Center from June 14 to 16. Some of the highlights in the LED section of this exhibition includes products for the automotive industry and applications related to ultraviolet (UV) LEDs. LEDinside, a division of TrendForce, projects that the scale of the global UV LED market will increase from US$288 million in 2017 to US$526 million in 2020. Furthermore, the CAGR of the UV LED market in the 2015~2020 period is currently estimated at 34%. These and other data can be found in LEDinside’s 2017 UV LED vs. UV LED Module Market Report.
Compared against the average of the January to March period, prices of lithium batteries for IT devices have already risen by more than 15%, reports EnergyTrend, a division of TrendForce. The price trend of IT batteries started to turn in the fourth quarter of 2016, when the global cobalt market saw rising prices and China placed greater restriction on the domestic mining of cobalt ores. In the February and March of this year, the cobalt market saw another huge price jump. As a result, the price trend of IT batteries changed from a gradual climb to a sharp upswing.
The global solar market has yet to show signs of turnaround after going through the turbulent 2016. The latest Gold Member Solar Report by EnergyTrend, a division of TrendForce, forecasts that the global PV demand for 2017 will total just 73.9 gigawatts. This year’s PV demand growth will be nearly flat for the first time after years of expansion. Also, the ranking of the top three regional solar markets will likely change this year, with India having the opportunity to displace Japan to become the world’s third largest.
The U.S. Department of Commerce that on March 1 announced changes to the antidumping duties (AD) that are imposed on PV cell imports from Taiwanese suppliers during the 2014~2016 period. According to the preliminary result of the case review, the Commerce Department decided to substantially lower the AD rates for Taiwanese cell suppliers. The initial ruling had some of them pay the highest rate of 27.55% and the lowest rate of 11.45%, while the rest would have to pay 19.5%. The adjustments made after the review cut the highest rate down to 4.2% and the lowest rate down to 3.5%. The majority of Taiwanese suppliers, however, now pay a rate of 4.09%.
