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July 27, 2017

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Experts of PV industry urge 'stop expanding'

Experts in Taiwan's photovoltaic (PV) industry yesterday urged operators to refrain from capacity expansion, which they said might worsen the current oversupply situation.

They made the remarks during a forum held on the sidelines of the PV Taiwan 2012 trade show, which began yesterday and will last until Friday.

During the forum, experts called on operators to stop expanding capacity and instead focus on professional division of labor, formation of alliances and horizontal integration.

Such view was shared by participants in the forum, including Chang Ping-heng, chief executive of Motech; Lin Hsi-kun, chairman of New Solar Power; and Tsai Chin-yao, chairman of Auria Solar. The senior executives represented firms from both Taiwan and mainland China.

According to them, the glut currently in the industry and the resulting bloody price war were the result of capacity expansion by manufacturers, who were competing to be the biggest in the industry. However, they said this kind of practice will ultimately create a loss-situation for all, even if the industry turns around in the future.

"The market only has demands of 30 gigawatts, yet we supply 60 gigawatts. Let's stop this nonsense," said Motech CEO Chang.

"Let's work together in the midst of the current slowdown and stop expanding," urged Auria Solar Chairman Tsai.

PV Taiwan this year has over 200 exhibitors at 557 booths. It is being held at the Taipei World Trade Center Exhibition Hall 1.

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