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Solar cell and module makers Motech Industries Inc (茂迪) and Sino-American Silicon Products Inc (SAS, 中美矽晶) yesterday provided upbeat business outlooks for this year, due to resilient demand for solar module installations in Taiwan and overseas. Motech Industries said revenue grew in the first half of this year compared with the same period last year, and growth momentum would expand into the second half as its efforts to develop next-generation solar cells have borne fruit, company president Fred Yeh (葉正賢) said in a statement. The firm has obtained a new order to supply 30 megawatts of N-type solar cells and is stepping ....
Solar cell and module supplier TSEC Corp (元晶) yesterday gave a robust outlook for this quarter, with an order backlog that would take at least two quarters to digest. The company, based in New Taipei City’s Sindian District (新店), said it has started taking orders for delivery in the third quarter of next year, as its production lines are fully booked. This should help TSEC swing back to the black this quarter and help offset losses of NT$198.69 million (US$7.16 million) in the first three quarters, company spokesman Henry Chiang (江郅豪) told a media briefing in Taipei. “Both shipments and prices ....
Solar cell and module maker Motech Industries Inc (茂迪) yesterday said it plans to invest NT$1.5 billion (US$53.89 million) to expand production, with NT$400 million earmarked for high-efficiency next-generation solar cell capacity expansion. The firm’s board of directors has approved the capital expenditure, the largest in five years, amid strong demand for the company’s tunnel oxide passivated contact (TOPCon) cells, Motech Industries president Fred Yeh (葉正賢) said. “As photovoltaic systems integrator companies become more educated about the benefits of TOPCon solar cells, we are seeing strong demand,” Yeh said. “Orders are backed up into the second quarter of 2022.” “The next generation of ....