In recent days a number of key Taiwan-based PV component suppliers have reported continued growth in monthly revenue, highlighting strong demand for wafers, cells and modules through the fourth quarter of 2013.
Green Energy Technology (GET), the largest multicrystalline solar wafer manufacturer in Taiwan, said that wafer sales also increased in November. The company reported revenue of NT$1.279 billion, up 2.8% on the previous month and 62.88% on the year.
GET noted that capacity utilisation remained at over 95% in November, while utilisation rates would remain high in 2014, due to strong demand for high-efficiency wafers, with pricing stable and now increasing slightly.
GET said that it had recently launched its ‘A4+’ and ‘HPM’ wafer products with the ability to produce standard cells with efficiencies as high as 19% for its HPM product offering. Demand from China, Japan and US, were said to be increasing.
The company has ingot/wafer capacity of 2GW, shipping a maximum so far of 480MW of wafers each quarter of 2013.
Rival solar wafer producer, Sino-American Silicon Products (SAS) reported revenue in November of NT$1.93 billion (US$65 million), an increase of 2.12%, compared to the previous month. SAS subsidiary, GlobalWafers contributed 70% of group revenue in the first nine months of 2013.
Wafer producer, Gigastorage posted revenues of NT$860 million (US$29 million) in November, up 6.97% on the previous month, a 109.46% increase year-on-year.
Major merchant solar cell producer, Neo Solar Power (NSP) reported November revenue of NT$2.333 billion (US$78.8 million), up 1.42% on the previous month and representing 12 consecutive months of increasing revenue.
The company remains at full capacity for solar cells as demand, primarily from Japanese tier 1 PV module producers and Chinese customers shipping module to the US, requiring non-China produced solar cells.
The company has recently highlighted to PV Tech plans to cautiously add both cell and module capacity by the middle of 2014 to support increased revenue growth.
Wafer and solar cell producer, Gintech reported November, 2013 revenue of NT$1.414 billion (US$47.8 million), down 5.9% from the previous month but up 3.9% year-on-year.