Further downstream
A few days before the annual Energy Taiwan trade show in Taipei, one of Taiwan’s largest cell manufacturers, Motech Industries, quietly announced that it was axing 300 employees due to poor market conditions. However, with bold PV goals opportunities present to diversify downstream.
Thanks to major policy changes from the European Union, China, and India that have shaken up global PV markets in 2018, solar cell and module manufacturers everywhere have been squeezed. To analysts, manufacturers and EPCs, Taiwan’s local PV industry isn’t dying from market shock. Far from it – the government’s push for solar energy makes …
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