Motech May Expand Capacity 50% in 2011 to Meet Demand
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Motech Industries Inc., Taiwan’s biggest solar cell maker by market value, said it may expand capacity by 50 percent next year to meet demand from customers turning to renewable energy sources.
Motech plans to increase annual capacity to 1.8 gigawatts by the end of 2011 from 1.2 gigawatts now after orders exceeded production, Chief Executive Officer Chang Ping-heng said yesterday in an interview in Taipei. The solar cell maker is in talks for a loan to help pay for an expansion, he said, declining to give details.