China-based PV module makers have drastically reduced orders released to Taiwan-based crystalline silicon solar cell makers who are subject to US anti-dumping tariffs at an average rate of 24.23%, but some of them are willing to resume orders if the suppliers absorb the taxes and slacken payment terms, according to Taiwan-based solar cell makers.
However, Taiwan-based solar cell makers are generally unwilling to accept such terms, believing that China-based PV module makers are likely to default on payments. Before the US imposition of anti-dumping tariffs, China-based PV module makers paid in cash or letters of credit, the sources indicated.
China-based PV module makers are considering resuming orders is because Taiwan-based solar cell makers have reduced quotes significantly in the wake of US anti-dumping tariffs, the sources said.