Optical film maker Efun diversifies into solar cell industry
by Rebecca Kuo, Tainan; Rodney Chan
Source: DIGITIMES, 28 May 2008
http://www.digitimes.com/bits_chips/a20080528PD202.html
Taiwan-based optical film maker Efun Technology is diversifying into the photovoltaic (PV) industry by investing in a thin film solar cell company, whose initial target capacity is 40MWp by 2010, according to Efun. Efun said the solar cell company, “Pa Yang” (transliterated from Chinese), will complete equipment installation in the fourth quarter of 2008. Efun holds a one-third stake in Pa Yang.
Pa Yang’s operations will be enabled by Efun’s already established connections in the upstream and downstream sectors, Efun said, adding Pa Yang aims to expand its capacity to 80MWp by 2011, and 350MWp by 2014.