TrendForce:European Solar Firms May Transfer Orders to Taiwanese Companies

published: 2012-09-14 19:12 | editor: | category: Price Trend

Due to the European Union’s announcement of starting an anti-dumping investigation on Chinese solar product imports, Taiwanese manufacturers have a shot at receiving more orders. According to EnergyTrend, the green energy research division of TrendForce, several companies’ sales representatives have recently gone on business trips to Europe and the United States. Although Solar Power International 2012 is ongoing at the moment, it is evident that the business in Europe is to start picking up. Orders may start to pour in as the European market becomes more vital.

According to the information EU released, the initial ruling will be announced within nine months, with the final ruling following six months later. Related manufacturers predict that since EU might complete the investigation within three to six months, European companies, in fear of statute of limitations and the operation crisis that Chinese firms may face, will transfer the orders soon. According to EnergyTrend survey, Chinese companies have enacted measures to respond to any possible crisis, including cutting down labor costs and setting up production bases in different foreign locations to avoid the EU regulations. According to EnergyTrend, Southeastern Asia, Eastern Europe, and America are places where Chinese manufacturers may establish their new plant. Although Taiwan will not be amongst the Chinese companies’ preferential choices, with EU’s investigation and Chinese manufacturers’ possible production adjustments, Taiwanese firms may receive more orders from European companies in 4Q12 and 1Q12, which will largely increase their capacity utilization rates. However, the market outlook after 2Q13 will still depend on the initial ruling and Chinese manufacturers’ strategy.

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