DelSolar Co (旺能光電), a solar cell module manufacturing arm of local power device maker Delta Electronics Inc (台達電), said it had signed a contract to supply solar modules to a European company, according to a stock exchange filing on Saturday.
DelSolar said the European company, which was not named in the filing because of contract requirements, belongs to a renowned European photovoltaic group.
The contract includes supply terms for product quantities and prices, and the Hsinchu-based company has committed to supply about 25 megawatts worth of solar modules to the European company this year, the filing showed.
“The contract is expected to contribute to the company’s revenue and marks a major achievement for DelSolar in the European market as the company continues to win support from new strategic customers,” the company said.
In the first 11 months of last year, the company’s revenue totaled NT$8.96 billion (US$294.9 million), up 131.24 percent from a year earlier, company data showed.
DelSolar’s latest deal came after the company announced on Thursday it had signed a contract to provide about 22 megawatts of solar modules to a leading international photovoltaic supplier for the North American market, as well as a one-year contract inked on Dec. 10 to offer at least 30 megawatts of solar modules to a leading renewable energy company in Europe.
The company’s shares are currently traded on the smaller Emerging Stock Market, which is a preparatory board for Taiwan’s two main bourses, closing at NT$59 on Friday. Last year, the stock jumped 10.64 percent on the Emerging Stock Market.
ENERGY ISSUES: The TSIA urged the government to increase natural gas and helium reserves to reduce the impact of the Middle East war on semiconductor supply stability Chip testing and packaging service provider ASE Technology Holding Co (日月光投控) yesterday said it planned to invest more than NT$100 billion (US$3.15 billion) in building a new advanced chip testing facility in Kaohsiung to keep up with customer demand driven by the artificial intelligence (AI) boom. That would be included in the company’s capital expenditure budget next year, ASE said. There is also room to raise this year’s capital spending budget from a record-high US$7 billion estimated three months ago, it added. ASE would have six factories under construction this year, another record-breaking number, ASE chief operating officer Tien Wu
The EU and US are nearing an agreement to coordinate on producing and securing critical minerals, part of a push to break reliance on Chinese supplies. The potential deal would create incentives, such as minimum prices, that could advantage non-Chinese suppliers, according to a draft of an “action plan” seen by Bloomberg. The EU and US would also cooperate on standards, investments and joint projects, as well as coordinate on any supply disruptions by countries like China. The two sides are additionally seeking other “like-minded partners” to join a multicountry accord to help create these new critical mineral supply chains, which feed into
For weeks now, the global tech industry has been waiting for a major artificial intelligence (AI) launch from DeepSeek (深度求索), seen as a benchmark for China’s progress in the fast-moving field. More than a year has passed since the start-up put Chinese AI on the map in early last year with a low-cost chatbot that performed at a similar level to US rivals. However, despite reports and rumors about its imminent release, DeepSeek’s next-generation “V4” model is nowhere in sight. Speculation is also swirling over the geopolitical implications of which computer chips were chosen to train and power the new
TECH WINNERS: Taiwan and South Korea reported robust trade, which suggests that they have critical advantages in the rapidly expanding AI supply chain, an official said Exports last month surged to a new high, as booming demand tied to artificial intelligence (AI) infrastructure fueled shipments of advanced technology components, underscoring the nation’s pivotal role in the global semiconductor supply chain. Outbound shipments climbed to US$80.18 billion, the highest ever for a single month, rising 61.8 percent from a year earlier and marking the 29th consecutive month of growth, the Ministry of Finance said yesterday. “The surge was driven primarily by global investment in AI infrastructure,” Department of Statistics Director-General Beatrice Tsai (蔡美娜) said. The mass production of next-generation AI computing systems has accelerated procurement across the semiconductor supply
RSS