Solar
  • gcl
    China-based GCL Group has obtained a revolving credit facility worth CNY12 billion (US$1.75 billion) from a local bank.
  • China-based PV inverter maker Sungrow Power Supply, solar cell-use back sheet maker Jolywood (Suzhou) Sunwatt, and PV module maker Risen Energy are expected to see net profits for January-September 2018 shrink significantly on year, according to China-based media reports.
  • tsec
    Taiwan-based solar cell and PV module maker TSEC has announced it will lay off 20% of its 1,400 employees to cope with sharp drops in demand.
  • A drone planned to be used to inspect PV modules
    The Center for Measurement Standards under government-sponsored Industrial Technology Research Institute (ITRI) is developing a solution integrating images taken by drones for detecting hot spots on PV modules of power stations for maintenance purposes.
  • China-based vertically integrated PV makers upgrading to PERC have come to bottlenecks in hiking solar cell energy conversion rates, according to industry sources.
  • Electric machinery and home appliance maker Tatung has disclosed it will invest in a project to construct a 133MWp PV power station in Tainan, southern Taiwan.
  • Some China-based polysilicon makers have started production at new plants established in regions offering lower production costs, which is expected to send product pricing further declining amid weak demand, according to industry sources.
  • Solar cell makers Motech Industries and Neo Solar Power (NSP) have reported consolidated revenues of NT$616.7 million (US$20.1 million) and NT$1.023 billion respectively for September, the former decreasing 20.40% sequentially and 71.76% on year, and the latter dropping 7.62% sequentikally and 2.50%...
  • Inventec sees strong revenues from the server business in 3Q18
    Inventec has registered consolidated revenues of NT$48.04 billion (US$1.53 billion) for September, down 3.68% on month, but up 11.76% on year with combined consolidated revenues from January-September rising 11.33% on year to arrive at NT$372.78 billion.
  • lite-on
    Taiwan diode makers are likely to see their revenues for the fourth quarter of 2018 suffer sequential decreases amid growing uncertainties arising from the US-China trade war, prompting them to accelerate deployments in the automotive market to offset expected revenue and profit shrinkages, according...
  • Economic minister Shen Jong-chin at Taiwan Business Alliance Conference
    Ministry of Economic Affairs (MOEA) has signed letters of intent (LoI) with 23 foreign enterprises for planned investments in Taiwan.
  • Solar wafer makers Green Energy Technology (GET) and Danen Technology have reported consolidated revenues of NT$253.8 million (US$8.3 million) and NT$1.6 million respectively for September, the former decreasing 39.77% sequentially and 77.69% on year, and the latter slumping 76.99% sequentially and...
  • Chi Mei Corporation (CMC), a supplier of plastic and rubber materials, has issued NT$5 billion worth of green bonds to finance its green investment projects, according to the company.
  • Taiwan-based makers of solar wafers and cells have come under pressure to lay off some of their employees due to diminishing demand and falling prices, according to industry sources.
  • United Renewable Energy
    United Renewable Energy (URE), formed by merging three solar cell makers - Neo Solar Power (NSP), Gintech Energy and Solartech Energy - marks the Taiwan PV industry's move into "PV 2.0" characterized by a business focus on power generating projects and own-brand module marketing, according to company...
  • A Taiwan government fund will invest in an entity freshly formed by three solar cell makers, but local firms have urged the government to also help others merge to improve the health of the country's PV industry.
  • Tongwei Group chairman Liu Hanyuan
    Since the China government announced plans to control PV installation on June 1, 2018, PV demand has plummeted, inflicting on them stock and production value losses totaling about CNY500 billion over rhe past four months, according to Liu Hanyuan, chairman of Tongwei Group.
  • Solar wafer maker Green Energy Technology (GET) has disclosed it will lay off 203 employees, or about two-thirds of its workforce at a plant in Southern Taiwan Science Park (STSP).
  • JD.com online shopping operator has begun selling PV products, including modules, inverters and other components, and offering brokerage services for installing and maintaining PV systems, according to China-based media reports.
  • Taiwan Edison PV- and wind-power LED street lamp
    Taiwan Edison Creative Technology has unveiled an LED street lamp independently powered by a PV module, a 1,150W mini wind turbine in combination with a 1,200W energy storage battery.
  • Solar Master Energy to be prepared for listing in Taiwan
    PV engineering, procurement and construction contractor Solar Master Energy has cooperated with Taiwan-based Cathay Securities for the preparation of being listed on Taiwan's stock markets, according to the company.
  • SEMI Taiwan PV Committee chairman Ellick Liao
    The Taiwan government aims to attain nuclear-free energy structure in 2025 and is accordingly boosting transformation of energy structure through integrating generation of renewable energy with energy storage, energy saving and smart grids, according to director general Lin Chuan-neng for Bureau of...
  • US and Europe equipment vendors have reduced investment and R&D efforts for the PV sector in the wake shrinking demand from China, and instead are focusing more on the semiconductor sector, according to industry sources.
  • ITRI pushing for power management
    The Taiwan government-sponsored Industrial Technology Research Institute (ITRI) has announced to establish an office for developing technologies and solutions for power grid management and modernization.
  • In line with the government's promotion of circular economy, a system to recycle decommissioned or damaged PV modules in Taiwan is being established.

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