What a start to the PV Taiwan 2017 week! There have been some rather tame mergers and acquisitions in the solar PV industry over the years - not to mention the shuffling of zombie factories within China – but the news today that Neo Solar Power, Gintech Energy Corp., and Solartech Energy are planning to merge is worthy of far more scrutiny.
As expected, three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and Solartech Energy have officially announced plans to merge and exit the ‘foundry’ business model they were founded on.
Three of Taiwan’s merchant solar cell and module producers, Gintech Energy Corp, Neo Solar Power (NSP) and SolarTech Energy have separately announced the suspension of trading of their stocks on the Taiwan Stock Exchange beginning on October 16.
Taiwan-based materials suppliers are benefiting from increased demand for diamond wire cut wafers for higher efficiency solar cells that is supporting higher prices in recent months.
Although profitability for many remains elusive sales have rebounded in September.
A basket of publicly-listed solar cell and module manufacturers on the Taiwan Stock Exchange (TSE) have continued to build sales momentum through September as demand increased for products from China, Europe and the US.
Global solar PV manufacturing capacity expansion announcements in the first half of 2017 showed a significant increase over the second half of 2016. New plans almost reached the record heights set in the first half of 2016.
TUV Rheinland India, a subsidiary of the TUV Rheinland Group has opened a new €2.5 million state-of-the-art laboratory at Electronic City in Bangalore, India to provide all testing services under one roof and dramatically reduce turnaround time and accelerate time-to-market for customers.
Eyelit Inc., a manufacturing software provider for visibility, control, and coordination of manufacturing operations has launched version 5.3 of its Manufacturing Execution System (MES) software suite.
China-based PV manufacturer and downstream project developer ReneSola has officially completed the divestment of its integrated solar manufacturing operations to its chairman and CEO to focus exclusively on downstream business development.
'Silicon Module Super League' (SMSL) member GCL System Integration Technology (GCL-SI) has again improved the efficiency of its multicrystalline Passivated Emitter and Rear Cell (PERC) with ‘black-silicon’ texture.
