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Ministry maintains feed-in tariffs for solar power; developers demand hike

Ministry maintains feed-in tariffs for solar power; developers demand hike
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United Renewable considers raising prices

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.

URE aiming to return to profit in third quarter

URE aiming to return to profit in third quarter SOLAR ENERGY: The solar cell and module supplier is upbeat on second-half demand as the government moves to speed up solar power installations to meet its 2025 goal By Lisa Wang / Staff reporter United Renewable Energy Co (URE, 聯合再生), the nation’s biggest supplier of solar cells and modules, aims to return to profit in the third quarter, as rising domestic demand boosts factory utilization to 100 percent. URE returned to the black briefly in the third quarter last year, making a net profit of NT$142.26 million (US$5.04 million). However, COVID-19 pandemic-driven lockdowns curbed market demand overseas, leading to an industrywide slump in the final quarter last year, URE said.

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