Taiwan becomes a GW solar market
TrendForce says the country deployed more than 1 GW of new PV for the first time last year, and predicts this year may see as much as 1.5 GW of new solar capacity. The nation’s cumulative capacity reached 2,618 MW at the end of last year, according to the International Renewable Energy Agency.
Taiwan’s URE inks 200-300 MW module supply MoU
United Renewable Energy was the result of a troublesome year for Taiwan’s solar manufacturing market. The company has signed a memorandum of understanding with Asia’s largest independent power producer – Vena Energy – for the supply of modules for projects in Taiwan’s strong development sector.
Taiwan’s cell makers: A$44.8 bn loan, new layoffs and falling shares
In the latest news emerging from the struggling world of Taiwanese solar cell makers, Motech has announced more layoffs, and a NT$4.8 billion loan; GET has let 203 employees go; and shares of the new UREC merger are said to be down. India’s safeguard tariffs are also hitting the country’s manufacturers hard.
Solar Philippines bids $0.058/kWh in Meralco price challenge
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
Gintech, Solartech, NSP merger approved by board members
The coming together of three of Taiwan’s largest solar cell manufacturers has been given the green light today by the respective boards of directors of the three companies. New company United Renewable Energy Co., is expected to become a recognized entity on March 28.
Taiwan’s UREC to receive government backing, will shift focus to downstream PV
The Taiwanese Government is set to invest in the United Renewable Energy Company (UREC), which is expected to be officially formed in Q3 2018 by solar cell makers, Neo Solar Power (NSP), Gintech Energy and Solartech Energy. The new company will shift focus from cell manufacturing to downstream solar PV.
Taiwan’s Gintech, Solartech and NSP merger creates new solar entity, UREC
Newly formed United Renewable Energy Co. is the result of the merger between three of Taiwan’s leading solar companies. Move comes at a time of intense competition in the Taiwanese solar space.
BREAKING: Taiwan solar merger mooted as Gintech, NSP and Solartech to suspend trading on Monday
Three of Taiwan’s largest solar cell and module manufacturers – Gintech, Neo Solar Power and Solartech – will suspend common stock transactions next week, prompting rumors that a merger between the three firms could be on the cards.
Gintech, Solar Philippines sign 200 MW cell supply deal
Taiwan’s Gintech Energy has signed the first phase of a 200 MW solar cell supply deal with PV manufacturer and developer Solar Philippines.
