TAIWAN ROUND UP: Sales rebound in November for SAS, Gintech, Motech and Solartech

Facebook
Twitter
LinkedIn
Reddit
Email
Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year. Image: Gintech

Sino-American Silicon

Taiwan-headquartered integrated PV manufacturer Sino-American Silicon (SAS) has reported strong revenue growth in November as part of a general recovering after a slowdown in the third quarter of 2016. 

SAS reported total November, 2016 revenue of NT$2.76 billion (US$86.78 million), 20% higher than the previous month.

The company reported dedicated solar business revenue of NT$1.27 billion (US$39.9 million) up 47.1% from the previous month and up 9.1%, year-on-year.

SAS noted that orders for its high efficiency wafers and cells had rebounded in November, while the company planned to focus on production efficiency improvements, product quality enhancements and aggressive cost reductions for high efficiency solar wafers, cells & modules in 2017. 

SAS reported total November, 2016 revenue of NT$2.76 billion (US$86.78 million), 20% higher than the previous month.

Gintech Energy

Merchant solar cell producer Gintech Energy has continued a slow sequential monthly increase in sales in November, after demand crashed in July. 

Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year.

Gintech reported revenue of NT$890 million (US$27.9 million) in November, up from NT$822 million (US$26.1 million) in the previous month. However, sales remain 5.1% down, year-on-year.

Motech Industries

PV manufacturer Motech Industries also reported a strong recovery in sales for November, after reaching a low-point in September. 

The company reported November, 2016 sales of NT$1,935 million (US$60.8 million), up 26.47% from the previous month. However, sales are down 31.03%, year-on-year.

Motech Industries reported November, 2016 sales of NT$1,935 million (US$60.8 million), up 26.47% from the previous month. However, sales are down 31.03%, year-on-year.

Solartech Energy

Merchant solar cell producer Solartech Energy Corp reported a 59.71% rebound in sales for November, compared to the previous month.

Solartech reported November, 2016 sales of NT$737 million (US$23.17 million), up 59.71% from October, 2016, while sales are down 32.55%, year-on-year.

Solartech reported November, 2016 sales of NT$737 million (US$23.17 million), up 59.71% from October, 2016, while sales are down 32.55%, year-on-year.
15 September 2022
Bifacial PV modules will be the dominant solar PV technology globally within one or two years; in the utility-scale sector, their market share is already above 70%. This webinar will provide a clear view on the successful implementation of bifacial technology, maximizing system performance and minimising LCoE.
4 October 2022
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2022.

Read Next

August 3, 2022
Global investment in renewable energy reached a record half-year figure of US$226 billion in H1 2022, driven by soaring demand for clean energy technologies amid the ongoing energy and climate crisis, according to a BloombergNEF (BNEF) report.
July 26, 2022
UK-based energy group Octopus Energy has raised US$550 million to invest in renewables-enabling technologies and solutions.
July 7, 2022
Scotland-based renewables developer Renewco Power has acquired a 2GW pipeline of US-based solar and energy storage assets from Beaufort Rosemary.
July 6, 2022
Polish developer R.Power is seeking a primary equity capital raise to fund its future growth plans in several European countries.
July 6, 2022
US PV developer Birch Creek Development has increased its existing credit facility with debt financing provider Fundamental Renewables to US$250 million to pursue its 5GW solar pipeline in the US and support its module procurement strategy.
July 6, 2022
Infrastructure investor Actis has acquired a stake in Latin American renewables asset owner Omega Energia as it looks to develop a pipeline of assets in the region.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
September 7, 2022
15:30 AEST (UTC +10)
Solar Media Events
September 14, 2022
London
Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event