30 Jun '14, 9am

Green Energy Technology may swing to profitability in 3Q14, says president - Digitimes

Green Energy Technology may swing to profitability in 3Q14, says president Nuying Huang, Taoyuan; Adam Hwang, DIGITIMES [Monday 30 June 2014] Solar-grade polycrystalline silicon wafer maker Green Energy Technology (GET) is likely to see its business turn from the red in the third quarter of 2014, according to company president Lin Shih-yuan. Taiwan-based solar-grade wafer makers have suffered operating losses for a while due to price competition from China-based makers who are receiving support from the China government , GET chairman WS Lin said. However, the impact of price competition is expected to disappear after the US Department of Commerce decides on preliminary anti-dumping tariffs for PV products imported from China and Taiwan on July 24, Lin Shih-yuan indicated. GET currently has an annual production capacity of 2GWp solar-grade polycrystalline silicon wafers in...

Full article: http://www.digitimes.com/news/a20140628PD201.html

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