Leading Taiwanese solar cell and module manufacturer Motech Industries said it was entering into a Joint Venture (JV) with metallisation paste supplier, Giga Solar Materials Corp to establish a solar module assembly plant in Taiwan to meet future domestic demand.
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.
Things can change very quickly in the solar industry, and no more so than when new trade-related cases are introduced or existing ones are amended in scope. Often companies – and in particular module suppliers relying on export revenues – suddenly find themselves with a golden opportunity that was previously not in their strategies, or have barriers unlocked that remove competitors based in other countries.
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.
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.
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.
‘Silicon Module Super League’ (SMSL) leader JinkoSolar has supplied the Jacumba Solar Project in San Diego County, California with mainstream leading-edge PV modules.
