New Taiwanese Solar Power Solutions Unveiled at U.S. Conference

       New Taiwanese Solar Power Solutions Unveiled at U.S. Conference

Companies Announce Latest Developments at Solar Power International 2013 in
Chicago

PR Newswire

CHICAGO, Oct. 25, 2013

CHICAGO, Oct. 25, 2013 /PRNewswire/ --Executives of leading photovoltaic (PV)
technology makers in Taiwan – the second largest manufacturer of PV cells in
the world – announced a variety of new developments this week at a press
conference at the Solar Power International 2013 exhibition in Chicago. The
event was organized by the Bureau of Foreign Trade of the Ministry of Economic
Affairs of Taiwan and implemented by the Taiwan External Trade Development
Council.

Speaking at the conference, Mr. Baushan Ger, Director General of the Taipei
Economic and Cultural Office in Chicago, observed that the global solar
industry has jumped from 50 gigawatts of solar capacity to just over 100
gigawatts in the past 2-1/2 years due to rising concern about environmental
issues such as greenhouse gas emissions and the finite nature of petroleum
supplies. An additional 100 gigawatt increase is expected worldwide by 2015,
nearly doubling capacity again.

"Both Taiwan and the USA play important roles in the global solar power
market," Mr. Ger noted. "The USA is the world's fourth largest solar market.
Taiwan, meanwhile, possesses abundant capabilities to manufacture high quality
solar cells as well as a complete supply chain, including materials and
components, solar cells, panels as well as system installation. We look
forward to seeing more cooperation between our two sides in the solar sector."

Company announcements included:

LOF SOLAR – the inventor and global pioneer in high efficiency color solar
cells – announced new U Series products featuring efficiency rates of 15-17%
in 10 colors including True Steel, Army Green, Golden Brown, Lavender, Tile
Red, Stone Elegance, Rebel Green, Custom Engraving, Disco Pink and Metallic
Gold. The company also showcased existing and pending color PV installations
in areas such as balcony railings, building facades and movable louvres as
well as roofs, including those at U.S. sites such as the Seattle Tacoma
Airport.

MOTECH INDUSTRIES INC. - one of the world's 10 largest solar cell
manufacturers and a developer and manufacturer of PV modules, inverters and
power systems – unveiled a new Sirius monocrystalline solar cell with a 20.2%
average and 20.5% peak conversion efficiency that is scheduled to be available
in Q1 2014. Motech modules utilizing 60 Sirius cells will generate a power
class up to 280W and be available in Q3 2014, helping to drive down the cost
of solar energy by generating more electricity with fewer panels.

NEO SOLAR POWER CORPORATION (NSP) – the largest solar cell manufacturer in
Taiwan and the second largest in the world – announced new Super19
multi-crystalline cells with an average 18.9% and maximum 19.4% cell
efficiency (ideal for 325W 72-cell panels); Black20 mono-crystalline cells
with an average 20.2% and maximum 20.6% cell efficiency (ideal for 335W
72-cell panels); and BiFi high efficiency mono bifacial cells with an average
19.6% cell efficiency enabling 270W front-side and 344W combined front and
rear-side power per 60-cell module.

TSMC SOLAR – a leading manufacturer of high-efficiency CIGS (Copper Indium
Gallium Selenium) thin-film photovoltaic modules and a wholly-owned subsidiary
of Taiwan Semiconductor Manufacturing Company, Inc. – revealed that the
company expects a third-party bankability report that will support financing
of large TSMC-based solar projects in the U.S. The company also cited test
data from multiple sites indicating that its technology delivers more energy
per installed size (kWh per kW) than crystalline or CdTe modules.

Taiwan's solar industry has been growing steadily since 1987, when Taiwanese
firms began investing in solar cell R&D. Today the country has more than 200
PV companies, ranks second in the world in the total production of PV cells,
includes three of the world's top 10 PV cell makers, and covers the entire PV
value chain from silicon wafers, to silicon and thin-film solar cells, to
complete solar PV systems. The growth has been fueled by Taiwan's expertise in
manufacturing semiconductors, which share many characteristics with solar
cells; industrial clusters of solar power companies that foster business
development, productivity and innovation by geographically concentrating
related businesses; and a series of investments and initiatives from the
Taiwanese government designed to grow the renewable energy sector.

About Taiwan External Trade Development Council (TAITRA)
The Taiwan External Trade Development Council (TAITRA) was founded in 1970 to
promote Taiwan's foreign trade and competitiveness in world markets. Over the
past 40 years, TAITRA has played a key role in the development of the Taiwan
economy. TAITRA is jointly sponsored by the government and commercial
associations and is viewed by all as the business gateway to Taiwan for the
international business community. Please visit http://www.taiwantrade.com.tw/
for more information.

SOURCE Taiwan External Trade Development Council (TAITRA)

Website: http://www.taiwantrade.com.tw
Contact: Stephanie Jimenez, SS?PR, 847-415-9316, sjimenez@sspr.com
 
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