Taiwan-based solar cell producer Solartech Energy Corp has seen its monthly sales rebound strongly in the last few months as the company continues to shift production to PERC (passivated emitter rear contact) cell technology.
Solartech reported May 2015 revenue of NT$708 million (US$22.9 million) an increase of 18.25% from the previous month.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
Sales have yet to recover from the most recent peak in January when the company reported revenue of NT$826 million (US$26.1 million). However, a shift in production to Malaysia as part of its stake in Tek Seng Holdings, a small module manufacturer in the country could explain the lower revenue in the first quarter as production ramps.
The company has been reported to be ramping PERC production from 60MW to 240MW by year-end, including 80MW at Tek Seng in Malaysia.