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United Renewable considers raising prices
By Lisa Wang / Staff reporter
United Renewable Energy Co (URE, 聯合再生), the nation’s biggest supplier of solar cells and modules, yesterday said that it is considering raising prices further in the second half of this year due to rising raw material costs.
Prices of solar modules increased 15 percent in the first half of this year, following a spike in prices of polysilicon and ethylene vinyl acetate film, URE chief financial officer Pan Lay-lay (潘蕾蕾) told an online investors’ conference yesterday.
As of the end of March, prices of polysilicon had surged 140 percent to US$17.8 per kilogram from US$7.5 in July last year after Chinese suppliers cut production, Pan said.