Taiwanese solar cell manufacturer, Motech, announced on December 26, 2014 that it will merge with Topcell Solar International Co. (TSi), and Motech will be the surviving company and remain the same company name post the merger.
The global demand is expected to reach 51.4GW in 2015, with an annual demand growth rate of 16.5% and an increased installation of 7GW compared to 2014, according to EnergyTrend, a research division of TrendForce. In terms of the supply end, the Chinese makers has announced to expand production capacity in 2015, with an increase of 4.2GW in module production capacity, taking up 8.2% of the worldwide demand; non-Chinese module makers will increase production capacity by 1.1GW, which is approximately 2% of the worldwide demand.
