Solar cell and PV module maker United Renewable Energy (URE) posted consolidated revenues of NT$12.511 billion (US$440 million), gross margin of -7.01%, operating loss of NT$4.614 billion, net loss of NT$6.139 billion for 2020, according to the company.
Solar wafer and cell maker Sino-American Silicon Products (SAS) recorded net EPS of NT$10.82 for 2020, while solar cell and module maker Motech Industries returned to profitability following losses for six consecutive years.
Delta, a supplier of power and thermal management solutions, has announced it has joined RE100, a global initiative bringing together the businesses commiting to 100% renewable energy use and carbon neutrality in their operations.
United Renewable Energy (URE) will focus on running its own PV power stations and rooftop systems for long-term revenues from electricity sale in Taiwan, aiming at total installation of 500MWp in 2023 and 1GWp in 2025, according to company chairman Sam Hong.
Solar cell and PV module maker United Renewable Energy (URE) has made breakthrough in developing perovskite solar cells in collaboration with National Taiwan University, with energy conversion rates reaching as high as 26%, according to the company.
LCD panel maker AU Optronics (AUO) has disclosed it has obtained certification from state-run Taiwan Power Company (Taipower) for its SunVeillance cloud-based smart monitoring solution for PV power generation.
Solar cell and PV module makers United Renewable Energy (URE), TSEC, Motech Industries as well as solar-grade crystalline silicon wafer and solar cell maker Sino-American Silicon Products (SAS) have reported consolidated revenues for December, recording mixed on-month and on-year growth.
Taiwan's Ministry of Economic Affairs (MOEA) has announced feed-in tariffs for renewable energy in 2021, reducing the rates by 7.90-8.59% for offshore wind power and by 0.74-3.91% for PV power, compared to 2020 levels.
Tatung aims to become a leading provider of smart energy systems in Taiwan, covering integrated PV power-generating facilities, smart micro-grids, energy management and related ITC infrastructure, smart monitoring and energy storage, according to the company.
TSEC has disclosed a plan to invest NT$700 million (US$24.3 million) to set up monthly production capacity of 350-400MWp for 10- to 12-inch solar cells, with operation to begin at the end of first-quarter 2021.
After three years of nearly stagnant demand, the polysilicon industry is entering a new phase of dynamic growth. As photovoltaic power plants have become the cheapest source of energy, global PV installations will increase in the coming years rapidly, according to Bernreuter Research.
The Taiwan government-backed Industrial Technology Research Institute (ITRI) has teamed up with 12 domestic and foreign firms to build a smart green energy demonstration house - SPIN Lab - for testing and developing innovative subtropical green energy-saving solutions.
Photonics Industry and Technology Development Association (PIDA) has recently held a green technology investment forum in Tainan, calling for new investments to promote local industries and economy in the southern part of Taiwan.
Chunghwa Telecom (CHT), which has invested in renewable enegry business, has disclosed it has worked with Vitec Energy Taiwan to install two rooftop PV systems totaling nearly 3MWp in Yilan County, northeastern Taiwan.
Wistron has disclosed it will rent a factory in Taiwan from solar cell and module maker United Renewable Energy (URE) for housing additional server production capacity, and will also inject US$28 million in investment into its plant in Mexico for building new server production lines.
Taiwan-based PV module makers have been impacted by shortages of glass sheets, EVA (ethylene vinyl acetate) and POE (polyolefin elastomer) backplanes, which have pushed up BOM costs and reduced their gross margins by about 10%, according to industry sources.