By Lisa Wang / Staff reporterMotech Industries Inc (茂迪), the nation’s biggest solar cell and module maker, has installed solar panels on the roof of its Taoyuan plant through a joint venture with Teco Electric & Machinery Co (東元電機), marking its first foray into solar power generation. Motech joins local peers that are making inroads into the higher-margin business of constructing solar power plants to minimize the operational risks that come from relying on volatile solar cell manufacturing income. “This is the first project Motech has invested in as part of its effort to expand into the downstream solar industry supply chain,” Motech said. Seperately, Motech in March last year created a new subsidiary, Motech Energy System Co Ltd (茂捷系統), to step up its expansion into the solar power plant industry. The new unit has reached a deal with the Pingtung County Government to develop a new solar plant with an installed yearly capacity of 400 megawatts.

Source: Taipei Times March 04, 2018 15:56 UTC