TSEC Corp (元晶太陽能) yesterday said it is investing NT$1 billion (US$35.75 million) to expand large-sized solar module capacity and a logistic facility at its plant in Pingtung City in expectation of rising demand for clean energy next year.
The investment would bring TSEC’s annual solar module capacity to 1.5 gigawatts, a 50 percent increase from the current level, the company said in a statement.
The new production line would be completed in September next year and enter volume production in the fourth quarter of the same year, the firm said.
“Large solar cells and modules will help satisfy urgent demand from domestic solar
TSEC Corp (元晶太陽能) yesterday said it is investing NT$1 billion (US$35.75 million) to expand large-sized solar module capacity and a logistic facility at its plant in Pingtung City in expectation of rising demand for clean energy next year.
The investment would bring TSEC’s annual solar module capacity to 1.5 gigawatts, a 50 percent increase from the current level, the company said in a statement.
The new production line would be completed in September next year and enter volume production in the fourth quarter of the same year, the firm said.
“Large solar cells and modules will help satisfy urgent demand from domestic solar
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Taiwan Business Quick Take
Foreigners buy NT$26bn
Foreign investors last week bought a net NT$26.46 billion (US$946.69 million) of local shares after selling a net NT$93.47 billion the previous week, the Taiwan Stock Exchange said in a statement yesterday. The top three shares bought by foreign investors last week were Evergreen Marine Corp (長榮海運), Cathay Financial Holding Co (國泰金控) and CTBC Financial Holding Co (中信金控), while the top three sold were HannStar Display Corp (瀚宇彩晶), AU Optronics Corp (友達光電) and Innolux Corp (群創), the exchange said. As of Friday last week, the market capitalization of shares held by foreign investors was NT$22.07 trillion, or 44.29 percent of total market capitalization, it said.