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E-Ton raises capital to combat debt

E-Ton Solar Tech, the Taiwanese crystalline-silicon solar cell maker, has announced that it has raised NT$2.415 billion by issuing new shares at the price of NT$80.5 per share, according to DigiTimes.

The funds, which amount to US$73.7 million, will go towards repaying company loans and decrease the debt ratio currently held by E-Ton from the 63% it stands at now, to around 50%.

E-Ton also plans to raise a further NT$1.0 billion by issuing domestic convertible bonds. The company intends to expand its capacity to 350MWp by the end of 2009, shipping 250MWp of solar cells by the end of the same period.

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Photovoltaics International 16th Edition

This sixteenth edition of Photovoltaics International marks four years of production of the quarterly journal. As always, our focus is on efficiency and quality improvement and cost reduction in manufacturing. As 2012 rolls along, companies are falling by the wayside due to supply and demand issues, ASP declines and drastic governmental subsidy cuts. A clear picture of 2012 is offered through papers from the likes of TÜV Rheinland, Fraunhofer ISE, SEMI PV Group and EPIA, amongst others.
Photovoltaics International Lite, Volume 05 - 2011

This digital interactive Lite sees Tom Cheyney follow Agua Caliente’s progress on becoming one of first truly utility-scale PV power farms, where 40–50MW (AC) will be commissioned by the end of the year. We also feature one of the world’s largest silicon thin-film PV power plants, Avenal; a report on warnings of the collapse of module prices from Solarbuzz and PI-Berlin presents tips on PV module testing. A print version of this edition will be distributed at Solar Power International 2011 in Dallas, Texas.
Manufacturing The Solar Future: The 2012 Production Annual

Manufacturing the Solar Future 2012, the second in the Photovoltaics International PV Production Annual series, delivers the next installment of in-depth technical manufacturing information on PV production processes.

E-Ton raises capital to combat debt

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