TSEC raises capital
Stockwatch - Jun 28, 11:48
Solar cell maker TSEC has announced that it has finished raising additional paid-in capital of NT$900 million (US$27.7 million) through issuing 75 million new shares for sale at NT$12 per share, with the funds to be mainly used to expand production capacity.
Solartech to expand PV module capacity
Jun 27, 11:14
Solartech Energy will expand annual PV module production capacity from 60MWp currently to 120MWp, or 180MWp if demand is strong, by the end of 2016, company chairman and CEO Liu Kong-hsin said at a shareholders' meeting on June 24.
Taiwan sets 2025 target renewable energy installation capacity at 27.423GW
Jun 24, 15:31
The Bureau of Energy under Taiwan's Ministry of Economic Affairs, in line with the Taiwan government's goal of no nuclear power generation in 2025, has set a target total installation capacity of 27.423GW for all types of renewable energy by 2025, 2.19 times the level set a few years ago.
Neo Solar Power unveils 3 high-efficiency solar cell models
Jun 23, 20:54
Crystalline silicon solar cell maker Neo Solar Power has unveiled Hello 22, a N-type HIT (heterojunction with intrinsic thin film) monocrystalline solar cell, Black 21, a P-type PERC (passivated emitter and rear cell) monocrystalline cell, and Black 21-BiFi, a double-side model of Black 21, according...
DoC imposes tariffs on China-made SolarCity PV modules
Jun 22, 12:52
The US Department of Commerce (DoC) has made a final decision to uphold SolarWorld's petition that PV modules consisting of HIT (heterojunction with intrinsic thin layer) solar cells produced by Silevo - a US-based PV module maker acquired by US-based PV installation undertaker SolarCity in 2014, -...
Inventec solar cell subsidiaries to expand capacity
Jun 21, 11:33
Notebook ODM Inventec has announced total investment of NT$2 billion (US$61.7 million) for its subsidiaries, Inventec Solar Energy and E-Ton Solar Tech, to expand their solar cell production capacity.
GCL System Integration Technology to raise funds of up to CNY3.346 billion
Jun 20, 12:11
China-based solar-grade polycrystalline silicon wafer maker GCL System Integration Technology will raise additional paid-in capital of up to CNY3.346 billion (US$509 million) through issuing up to 700 million new shares for private placement by up to 10 target investors, according to the company.
PV demand to peak in 4Q16, says Gintech president
Jun 14, 14:14
As the China government has set target installation capacity of 18.1GWp for PV power-generating stations to be established in 2016, PV demand is expected to significantly rebound in August and peak in the fourth quarter, said president Pan Wen-whe for Taiwan-based solar cell maker Gintech Energy at...
PV demand to rebound in August, says Motech chairman
Jun 14, 14:11
As the China government has set target installation capacity of 18.1GWp for PV power-generating stations to be established in 2016, PV demand is expected to significantly rebound in August and remain strong until first-quarter 2017, said chairman and CEO Chang Peng-heng for Taiwan-based solar cell...
Taiwan PV makers to set up module JV
Jun 7, 16:03
Several Taiwan-based PV makers plan to establish a joint venture in Taiwan to produce PV modules mainly for the domestic market, according to industry sources.
Giga Solar revenues down sequentially in May
Jun 7, 12:09
PV conductive paste maker Giga Solar Materials has reported consolidated revenues of NT$1.357 billion (US$41.6 million) for May, slipping 10.12% on month but growing 19.44% on year, and those of NT$7.421 billion for January-May increased 46.98% on year.
NSP, Gintech see increased May revenues
Jun 7, 11:59
Solar cell makers Neo Solar Power (NSP) and Gintech Energy have reported consolidated revenues of NT$1.701 billion (US$52.2 million) and NT$1.634 billion respectively for May, with the former increasing 9.94% on month and 4.73% on year and the latter growing 4.94% on month and 32.30% on year.
SAS, GET post mixed sequential growth in May revenues
Stockwatch - Jun 6, 11:03
Solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) had consolidated revenues of NT$2.502 billion (US$76.7 million) for May growing 9.60% on month and 10.45% on year, while fellow maker Green Energy Technology (GET) booked revenues of NT$1.728 billion decreasing 2.93% on...
TSEC sets NT$12.00 price for new shares
Stockwatch - Jun 1, 13:36
Crystalline silicon solar cell maker TSEC on May 31 set a unit price of NT$12.00 (US$0.368) for the 75 million new shares to be issued to increase paid-in capital, with the sales price 20.8% discounted from the closing price of NT$15.15 per share on the day, according to the company.
China solar cell capacity expansion raises overesupply concern
May 30, 16:02
China-based makers are setting up additional production capacities for solar cells in China and overseas, but the China government has not yet set the target for PV installation capacity for second-half 2016. The capacity expansion and uncertainty about demand in China have raised concerns about global...
Gintech Energy obtains NT$500 million joint lending
May 30, 10:23
Crystalline silicon solar cell maker Gintech Energy has signed with three local banks for a syndicated loan of NT$500 million (US$15.4 million), to be used to expand overseas production capacity, according to the company.
Global solar wafer demand, prices to fall in 2H16, says GCL-Poly Energy CEO
May 25, 16:00
While there was tight global supply of solar wafers in fourth-quarter 2015 and first-quarter 2016, global demand is expected to decrease and thus prices will slip in the second half of 2016, according to China-based solar wafer maker GCL-Poly Energy Holdings CEO Zhu Zhanjun at SNEC PV Power Expo taking...
Gintech has no merger plan for subsidiary, say sources
May 19, 10:41
Solar cell maker Gintech Energy has no plans to have its solar wafer subsidiary Utech Solar merge with fellow maker Eversol, sources with Gintech has said in the wake of market rumors claiming the company is mulling such a merger.
Gintung Energy to sell PV module equipment
May 19, 10:29
PV module maker Gintung Energy has announced it will sell manufacturing equipment with annual capacity of 50MWp and move all production lines to solar wafer maker Green Energy Technology's (GET) factory in northern Taiwan.
China PV makers expanding capacity
May 16, 11:03
Several China-based first-tier and second-tier PV makers have been expanding or plan to expand solar cell production capacity in China or overseas, and they are likely to ramp up an additional annual capacity of as much as 15GWp in second-half 2016, according to industry sources.
Motech to set up solar cell capacity in central China
May 11, 15:50
Motech Industries will set up annual solar cell production capacity of 500MWp at its new factory in Maanshan, central China by moving 400MWp from its Taiwan factories and 100MWp from another in Kunshan, eastern China to the new plant, according to industry sources.
China makers rushing to expand PERC capacities
May 10, 14:59
China-based PV makers are rushing to expand PERC (passivated emitter and rear cell) crystalline silicon solar cell production capacities in China mainly because the China government has hiked minimum power-generating efficiency standards for feed-in tariff eligibility, according to industry sources.
NSP posts 1Q16 net EPS of NT$0.13
May 10, 11:58
Solar cell maker Neo Solar Power (NSP) has reported consolidated revenues of NT$5.904 billion (US$182 million), gross margin of 12.73%, net operating profit of NT$157 million, net profit of NT$109 million and net EPS of NT$0.13 for the first quarter of 2016.
GET, Solartech, TSEC post 1Q16 profits
May 9, 10:59
Solar wafer maker Green Energy Technology (GET), and solar cell makers Solartech Energy and TSEC have reported financial reports for the first quarter of 2016, recording net EPS of NT$0.94, NT$0.69 and NT$0.55 respectively.
SAS to sue solar wafer makers for patent infringement
Apr 28, 13:10
Sino-American Silicon Products (SAS) has revealed it is preparing to file charges against China- and Taiwan-based makers who allegedly have infringed on its patent No. 1452185 concerning the structure and manufacturing process of solar ingots and wafers.
China 1Q16 PV installation capacity hits record, say reports
Apr 27, 11:53
Total PV installation capacity in China in the first quarter of 2016 reached 7.14GWp, the highest quarterly level on record and consisting of 6.17GWp for PV power stations and 0.97GWp for distributed systems, according to China-based media reports.
TS Solartech to expand production capacity in 2H16
Apr 25, 10:54
TS Solartech Sdn Bhd, a Malaysia-based crystalline silicon solar cell maker in which Taiwan-based Solartech Energy holds a 42% stake, will expand annual production capacity from nearly 300MWp currently to 500MWp in the second half of 2016, according to Solartech.
Taiwan solar cell makers may withdraw from US anti-dumping tariff review
Apr 19, 12:32
JA Solar has asked the US Department of Commerce (DOC) to select Vietnam-based PV module makers Vina Solar Technology and Boviet Solar Technology as respondents in its review of the anti-dumping tariff rates imposed on Taiwan-based solar cell makers since December 2014. If the request is accepted,...
Firms offer drone-based security services, says paper
Newswatch - Apr 18, 22:13
Security service provider Taiwan Shih Kong Security and GeoSat Aerospace & Technology, a provider of satellite-based navigation, location, remote-sensing and GIS (geographic information system) services, have cooperated to provide security inspection services using drones equipped with infrared...
Giga Solar Materials to start production at China factory in September
Apr 13, 22:27
PV conductive paste maker Giga Solar Materials is constructing a factory in eastern China and will begin production of PV silver paste, silver-aluminum paste and aluminum paste for supply in the China market in September 2016, company president Cafer Huang said at an April 12 investors conference.
SAS to produce PERC N-type solar cells
Apr 13, 15:25
Solar-grade crystalline silicon wafer maker Sino-American Silicon Products (SAS) will start production of PERC (passivated emitter and rear cell) N-type crystalline silicon solar cells with an initial energy conversion rate of 21.5% in the fourth quarter of 2016, according to the company.
Motech Industries holds rosy outlook on 2016 business
Apr 13, 14:38
Crystalline silicon solar cell maker Motech Industries is optimistic about business in 2016, although demand in the second quarter will slightly decrease due to seasonal effects, according to company CFO Jack Hsieh.
Giga Solar sees increased March revenues
Apr 11, 14:26
PV conductive paste maker Giga Solar Materials has reported consolidated revenues of NT$1.571 billion (US$47.8 million) for March, growing 27.41% on month and 62.76% on year, and those of NT$4.554 billion for January-March dipped 8.44% on quarter but hiked 61.34% on year.