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

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
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.
6 October 2021
The future is bright for a new era of US solar and storage, and the 8th annual Solar & Storage Finance Summit will provide opportunities to discuss solutions to the industry’s challenges and provide a networking platform designed to bring together the top minds in the industry to do business. With a mix of high-level, informative presentations and panels, a stellar cast of speakers and audience members with deal-making capacity, the 2021 edition of the event will be a sell-out success.

Read Next

September 23, 2021
A project that bids to combine up to 20GW of solar PV with the world’s largest energy storage battery and a 4,200km-long subsea power cable has moved a step forward after Indonesian authorities greenlit its proposed transmission cable route.
September 16, 2021
Energy engineering firm Babcock & Wilcox is to enter the US solar market through the acquisition of a majority stake in Illinois-based solar contractor Fosler Construction.
September 14, 2021
Polish renewables developer PAD-RES is to be acquired by a joint venture established by real estate investor Kajima and private equity firm Griffin Real Estate.
September 13, 2021
The US House of Representatives has finally unveiled proposals which would extend the Solar Investment Tax Credit (ITC) for 10 years at 30%, but only for projects meeting certain labour conditions.
September 10, 2021
Renewables investor Magnora has increased its stake in Helios Nordic Energy as the Swedish solar developer looks to add 1GW to its pipeline by the end of next year.
September 6, 2021
India-based renewables developer Adani Green Energy has raised US$750 million through a green bond offer, securing the debt and equity needed to reach a 25GW renewables target.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
BRISTOL, UK
Solar Media Events
December 1, 2021