Green Energy Technology remains at full capacity despite ingot expansion

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In releasing monthly sales figures, Taiwan-based Green Energy Technology (GET) noted that it was still at full capacity utilization after further capacity expansions. This is the third consecutive quarter the company has been at 100% utilization. GET said that its annual capacity for ingot growing had reached 410MW, up from 360MW in Febraury, 2010. Wafer slicing capacity had also reason from 300MW in February, to 360MW.

GET reported net sales for March of NT$ 1,202 million (US$38.1 million), an increase of 15.8% from the previous month and a 126% increase YoY. First quarter sales totalled NT$3,300 million (US$104.6 million).

The company reiterated that its expansion plans to 500MW during the second quarter were on schedule.

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