L R AS Published on Saturday 28 November 2015 - n° 128 - Categories:setting up abroad
The Taiwanese (here Jiangsu Aide Solar) are investing more and more in China.
The Chinese company Jiangsu Aide Solar, a subsidiary of the Taiwanese Pan Jit International, is a large producer of panels as a subcontractor for major manufacturers. It will increase its current capacity from 0.7 GW to 1.2 GW in the2nd quarter of 2016. It will also improve the automation of its production lines.
The losses incurred in 2015 in cell production prompted the company to entrust its 300 MW production capacity to the Chinese subsidiary of Motech against 4.6% of the capital.
Digitimes of 23 November
