Date: Jun 06, 2017
By: Lisa Wang / Staff reporter
Revenue for local solar companies Green Energy Technology Inc (綠能科技) and Gintech Energy Corp (昱晶能源) increased last month, benefiting from higher inventory buildup demand from China and the US amid rekindled solar disputes between the two nations.
The recovery has exceeded Green Energy’s expectations.
Cautious about market demand, the nation’s largest solar wafer maker in March had lowered its factory utilization to 80 percent from 90 percent the previous month to cope with an industry slump.
“The market sentiment is changing rapidly,” Green Energy spokesperson Christine Chen (陳婷婷) said on the telephone. “We are seeing strong customer demand for our high-efficiency solar wafers. All of our [solar wafer] capacity has been booked this month.” [FULL STORY]