Last week we noted the increased investment in the solar cell industry with many companies ramping up production. Additional news is that Motech has apparently a significant deal to collaborate with Solar Semiconductor. China Economic News (CENS) reports:
Motech Industrial and Solar Semiconductor recently agreed to collaborate on development of thin-film solar cell technology and silicon-wafer supplies shortly after Motech received Solar`s lucrative orders for 120 megawatts of solar cells.
Industry watchers estimated the orders at over NT$10 billion (US$333 million at US$1:NT$30), given that one megawatt of solar cell now sells for around NT$100 million (US$3.3 million).
Solar Semiconductor is among the top three Indian suppliers of solar modules, specializing in polycrystalline and mono-crystalline solar modules.
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