Merging of Gintech Energy, Solartech Energy, and Neo Solar Power to conclude on October 1, 2018
The merging of Gintech Energy, Solartech Energy, and Neo Solar Power as United Renewable Energy Co Ltd (UREC) is scheduled to be concluded on Octorber 1, 2018.
The three companies announced in October 2017 an agreement to merge their operations into a single company. Neo Solar, will become the surviving entity and will change its name to United Renewable Energy Co Ltd.
Business core of the three companies is to design, manufacture and sell solar cells, modules and solar system internationally.
Country updates
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June 28, 2018
Taiwan awards over 1.6 GW offshore wind capacity
Taiwan’s Ministry of Economic Affairs has awarded 1,664 MW offshore wind capacity to two developers. Ørsted has won 920 MW capacity to be developed off the coast of Changhu...
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June 21, 2018
JDR Cable Systems has been selected to supply 21 km (13 miles) of inter-array cable, 13 km of export cable, as well as 16 km of land cable to connect to the local substation
JDR Cable Systems has been selected to supply 21 km (13 miles) of inter-array cable, 13 km of export cable, as well as 16 km of land cable to connect to the local substation. It will manufacture the 3...
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June 11, 2018
US$625 million financial close for offshore wind farm in Taiwan
Macquarie Group, Ørsted and Swancor have secured TWD18.7 billion (US$626.1 million) project financing for the second phase of the Formosa 1 offshore wind project, Taiwan’s...
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June 08, 2018
Macquarie Capital has taken a final investment decision to proceed with the development of the project
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May 31, 2018
Siemens has been selected to supply 80 SG 8.0-167 DD turbines for the project
Siemens has been selected to supply 80 SG 8.0-167 DD turbines for the project. Commissioning is scheduled to commence in 2020
