Taiwan’s GET mulling overseas PV module production

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Taiwan-based solar wafer producer, Green Energy Technology (GET) has said it is considering establishing an overseas module assembly plant with sister company, Gintung.

The company noted that the potential move was in response to industry and policy volatilities as well as the need to become closer to end markets and improve its profitability. 

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GET and Gintung are both owned by electronics firm, Tatung Group, which had previously planned to merge the companies. 

GET also reported sales for August 2014 of NT$1,272 million (US$42.5 million), up 4.2% from the previous month and 12.8% higher than the same period of 2013.

The company also confirmed that wafer ASPs had been negatively affected by the run-up to the US anti-dumping ruling last month, however increased demand, notably for its high-end Victoria series wafers had led to discussions with customers to raise prices. 

GET said it continued to operate its wafering operations at above 95% utilisation rates. 

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