Further PV manufacturing consolidation in Taiwan as Tatung, GET and Gintech strike pact

Facebook
Twitter
LinkedIn
Reddit
Email

Taiwanese PV manufacturers, Green Energy Technology (GET) and Gintech Energy are to form a module manufacturing joint venture to be called Gintung Energy Corporation. Any financial details were not disclosed.

GET, primarily a large wafer producer, has a small module manufacturing subsidiary, ASEC, joint owned with electronics manufacturing parent company, Tatung Group.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

ASEC’s operations are to be transferred to the newly formed JV with Tatung Group taking a 45% stake in the company and Gintech a 36% stake.

ASEC was said to have had a module capacity of 170MW, which will be expanded to 320MW by the fourth quarter of 2014.

The ASEC brand name will be retained, although the companies said they would develop a new brand-named module with emphasis of high-efficiency and cost competitiveness.

As part of the manufacturing pact, major solar cell producer, Gintech, will transfer multicrystalline wafer production subsidiary, Utech Solar to GET, under an operations agreement.

Utech Solar was established in 2011 as a joint venture between Gintech, CTCI Group and Mitsubishi with an initial 330MW of wafer capacity. Wafer production was said to have currently reached 450MW.

The companies noted that high-efficiency wafers were currently in short supply and that the operational shift of Utech under GET control would lead to further unidentified capacity expansion and lower production costs through joint management of material procurement.

Last year, affiliates of Delta Electronics, Neo Solar Power and Del Solar merged cell and module operations.

Read Next

July 3, 2025
Renewable energy curtailment in Brazil is set to reach 8% across the country, and be as high as 11% in the north-east, by 2035.
July 3, 2025
Spanish IPP Zelestra has secured a €235 million (US$277 million) increase to its sustainability-linked loan, bringing the total to €770 million.
July 3, 2025
US tracker manufacturer GameChange Solar has introduced the Genius Tracker TF, a new terrain-following solar tracker system designed to deliver “the industry’s lowest grading requirement on challenging terrain.” 
Premium
July 3, 2025
Meeting the UK’s solar targets will not simply require the installation of new capacity, but investment in grid infrastructure and training.
July 3, 2025
TotalEnergies has expanded its renewables assets in the Caribbean, sold a stake in projects in Portugal and begun construction on two PV parks in Spain.
July 3, 2025
Malaysian engineering and infrastructure giant Gamuda has expanded its presence in the Australian renewables sector by partnering with Tasmanian landowners to build a 1.2GW portfolio, which includes solar PV.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK