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In 2010 Taiwanâs annual production of solar cells grew by 118 percent, reaching a capacity of 27.2 gigawatts, while combined solar cell shipments by China and Taiwan accounted for 62.2 percent of global exports of solar cells, making Asia the worldâs leading region for solar cell exports.
Taiwan's solar industry is equipped with world-class manufacturing capability, excellent industry infrastructure and a strong research and development base, Taiwanâs Central News Agency reported.
Examples of Taiwanâs preeminence in the field abound. Taiwan-based solar wafer firm Eversol announced a one-year agreement to supply 58 million units to a single customer, around 60 percent of Eversol's total production capacity. Eversol currently has total capacity of 380 megawatts and expects to up production to 500 megawatts soon.
Another Taiwanese energy company, solar cell maker Neo Solar Power Corp., announced recently that it will reach a manufacturing capacity of 1.3 gigawatts later this month, following completion of a new production unit in Taiwan. Four months ago the company began marketing a new mono-crystalline solar cell with average conversion efficiency of up to 18.4 percent. Neo Solar Power Corp.âs achievements are mirrored in its bottom line, as its first-quarter revenues reached $253 million, an increase of 141.13 percent on the year.
Seeking to build on this momentum, TAITRA, SEMI, and San Franciscoâs Taiwan Trade Center have organized the Taiwan Solar Energy Industry Outlook and Renewable Energy Business Alliance Seminar, to be held in the capital Taipei during 5-7 October 2011.
The seminar already has registered 262 exhibitors from across the globe.
By. Joao Peixe, Deputy Editor OilPrice.com
Joao is a writer for Oilprice.com