Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek


Filed under: News | Technology News


Dark American Cloud Over Taiwan Solar Panels

Feb 26 2014, 1:26am CST | by

2 Updates
Dark American Cloud Over Taiwan Solar Panels

YouTube Videos Tweets Comments

Full Story

Dark American Cloud Over Taiwan Solar Panels

Taiwan’s solar technology industry, the world’s second largest, faces U.S. government trade sanctions after selling components to Chinese producers that shipped finished modules onward to the United States. Word in Taipei: They’re not guilty but might be hit anyway as the U.S. tries to protect local makers against red-hot imports.

The U.S. Department of Commerce will decide whether findings by its International Trade Commission Feb. 14 merit anti-dumping penalties against Taiwanese exporters. Taiwanese makers of photovoltaic cells for finished Chinese modules are bracing for a harsh verdict as the commerce department crunches financials to determine how much Taiwan’s industry made from the fourth quarter of 2012 to the third quarter of last year. A final verdict is due in August. Taiwanese suppliers stood a 50-50 chance of profiting then, says the Market Intelligence & Consulting Institute, a government-backed IT industry research group.

Taiwan is innocent, it says, but solar components could be slapped anyway as the United States frets about a trend of lower priced imports.

“Their substantially low utilization rates can serve as a testament to the lack of intention to dump products,” institute senior analyst Sean Kao says. “A rational interpretation of the criteria will not provide sufficient support for the U.S. government’s decision to impose anti-dumping and countervailing duties on Taiwanese PV cell vendors. However, many Taiwanese vendors are still pessimistic about the possible final ruling, expecting that the United States will hurt Taiwan based on the consideration of its own benefits.”

Taiwan’s solar tech industry took off about 10 years ago along with global growth of solar energy. Its capacity of 8,000 megawatts per year ranks it as the world’s second largest industry after China’s. It produced about 6,300 megawatts worth last year. Industry stars are Neo Solar Power, the largest maker in Taiwan and second in the world. Delta Electronics, founded by multimillionaire Bruce Cheng, is Neo’s biggest shareholder with a 17% stake. Gintech and Motech are other top manufacturers. Product-specific sanctions could technically raise tariffs on any of them, with levels above 10% likely hurting orders and outraging Taiwanese exporters.

Taiwan had no way of knowing the Chinese module makers would export to the United States, says Arthur Hsu, analyst with Taipei-based market research firm TrendForce. The U.S. government imposed anti-dumping duties on Chinese solar panels on Chinese solar panels imported since October 2012. “Taiwan just got stuck in this,” Hsu says. “To sell outside is China’s own decision. Taiwan is a supplier to the Chinese side, and we can’t go and ask where the modules will sell.”

The threat of sanctions started last year with an International Trade Commission complaint from SolarWorld Industries America. The U.S. government may back its cause because solar imports claim more than 30% of domestic demand and cost 10%-15% less, Hsu says. “We don’t think Taiwan affected U.S. businesses,” he says. Whether U.S. officials pursue them is “hard to say.”

Source: Forbes


iPad Air Giveaway. Win a free iPad Air.

You Might Also Like


Top Tweet

Sponsored Update

Update: 2




More From the Web

Shopping Deals


<a href="/latest_stories/all/all/31" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.




blog comments powered by Disqus

Latest stories

New Video Shows Orlando Bloom Punch the Bieber over Miranda Kerr
New Video Shows Orlando Bloom Punch the Bieber over Miranda Kerr
A new video gives a clear view of the punch Orlando Bloom landed on Justin Bieber. Was it over Miranda Kerr?
Dollarbird App Review
Dollarbird App Review
Dollarbird is a cutting-edge finance tracking application that has received quite an applause by the numerous users. It is a far-reaching and dynamic tool for handling your finances and it assists you in placing your money in places that matter. It enables you to effortlessly have a trajectory and make a thorough prognosis about your finances.
Light Flow App Review
Light Flow App Review
The Light flow app is particularly useful for those users who find it difficult to manage and/or respond to their notifications. Light flow ideally allows you to take full control of the notifications on your Smartphone. The app allows you to set different sound patterns on mobile vibration in order to alert you for your notifications.
VSCO Cam App Review
VSCO Cam App Review
The VSCO cam is a highly productive and useful app. It is regarded as one of the smartest and easy to use photo editing apps. It gives its user the optimal way of shooting, editing, adjusting, and then sharing their enhanced photographs with their friends and family. The customers rate this app quite high and it ideally stands among the top 5 photo editing apps in the market today.

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.