Motech Industries, the largest maker of solar cells in Taiwan, is installing equipment for its second production line with initial operations to begin in the second half of August and capacity levels to reach 2-3MWp in September of this year, according to company CEO Simon Tsuo. The line is designed to have an annual capacity of 80MWp (megawatts-peak), noted Tsuo.
Motech's first production line, with a maximum annual capacity of 120MWp, is currently in full operation, Tsuo indicated, adding that the second production line will come fully online at the end of this year. Total output for this year will exceed 120MW and may attain the goal of 140MW if the operation of the second production line goes smoothly, Tsuo pointed out.
Due to a tight supply of polycrystalline silicon, monocrystalline solar cells will account for quite a large portion of total output in 2006, but polycrystalline cells is the focus of long-term production, Tsuo pointed out.
A shareholders meeting on June 9 approved the distribution of a 2005 dividend per share of NT$11.0, with NT$6.6 in stock and NT$4.4 in cash. The company reported estimated revenues and pre-tax profits for last month on June 9 as well, with a pre-tax earnings per share of NT$5.19 for January-May.
Article translated by Adam Hwang and edited by Eric Mah
