{"id":20563,"date":"2017-10-25T09:34:10","date_gmt":"2017-10-25T04:04:10","guid":{"rendered":"http:\/\/www.greenworldinvestor.com\/?p=20563"},"modified":"2017-10-25T09:34:10","modified_gmt":"2017-10-25T04:04:10","slug":"taiwanese-solar-cell-makers-are-coming-together-to-survive","status":"publish","type":"post","link":"https:\/\/iiec-india.org\/greenworld\/2017\/10\/25\/taiwanese-solar-cell-makers-are-coming-together-to-survive\/","title":{"rendered":"Taiwanese Solar Cell Makers\u00a0Are Coming Together to Survive"},"content":{"rendered":"

United Renewable Energy – Taiwan<\/strong><\/h3>\n

Three of the largest solar cell makers in Taiwan have agreed to merge themselves to form a larger entity which can reap economies of scale and survive the solar industry competition. Taiwanese cells makers such as Motech, Gintech, NSP<\/strong> etc. have always found themselves on a backfoot as they were mainly suppliers to large Chinese modules companies such as Trina Solar, Canadian Solar etc. In times of a slowdown, the Chinese\u00a0solar companies reduce procurement form the Taiwanese companies. Also, they get frequently squeezed by the Chinese companies due to lack of a bargaining power.<\/p>\n

Always known for their technologically superior solar cell technology, the Taiwanese companies are going backward. Longi, GCL Poly, Jinko Solar<\/strong>, and other Chinese companies are making rapid strides in solar cell technology and could soon leave the Taiwanese companies far behind. With much larger revenues and R&D budgets, the Chinese companies are making rapid progress in new solar product forms (half cut cell modules), black silicon technology, mono \u2013 PERC<\/strong> etc.<\/p>\n

\"Cheap<\/a>

Solar Cell<\/p><\/div>\n

Now NSP, Gintech <\/strong>and Solartech<\/strong> have merged using a share swap to form United Renewable Energy<\/strong> (URE). This new larger company will have a large capacity and geographic footprint with factories across South East Asia and Taiwan. Taiwanese cell companies had expanded into SE Asia to escape the USA anti-dumping duties in the last few years. However, this strategy is set to go into the dustbin as the USA prepares a comprehensive import duty ban of all major exporters.<\/p>\n

The new company is expected to be more vertically integrated with a strong play in both solar cells and modules and will also look to expand by merging more struggling Taiwanese solar cell companies<\/em>. Tainergy <\/strong>and Motech<\/strong> are two other large Taiwanese cell companies<\/strong><\/a> that could be potential future acquisition targets given that they are also suffering from large losses due to a massive decline in prices of solar components.<\/p>\n","protected":false},"excerpt":{"rendered":"

United Renewable Energy – Taiwan Three of the largest solar cell makers in Taiwan have agreed to merge themselves to form a larger entity which can [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":5177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[45,104],"tags":[2611,3376,5683],"class_list":["post-20563","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-renewable-energy-greeninvest","category-taiwan","tag-how-will-taiwanese-solar-cell-companies-survive","tag-leading-solar-cell-companies-in-taiwan","tag-united-renewable-energy-taiwan"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/20563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=20563"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/20563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media\/5177"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=20563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=20563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=20563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}