Solartech’s sales rebounding on PERC cell technology shift

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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. 

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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. 

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