Taipei, June 17 (CNA) Innovation and quality have made Taiwan's solar products world famous, the Taiwan External Trade Development Council (TAITRA) said Thursday.
"We might not beat China on pricing, but we definitely exceed other Asian countries in innovation and quality, " said Terry Shao, a TAITRA project manager who expressed confidence and optimism about Taiwan's solar industry.
This year, TAITRA led 23 Taiwanese companies that participated in Intersolar Europe, the world's largest exhibition for the solar industry, which took place at the New Munich Trade Fair Center in Germany June 9-11.
Shao said the local companies took advantage of the show to showcase their latest solar products to the world. BIG SUN Energy Technology Inc., for example, released a solar cell with an equivalent conversion efficiency of as much as 18.4 percent, which, according to the company, is the most efficient on the market.
According to Shao, the Taiwan Pavilion at the fair attracted some 1,769 visitors and yielded on-site business of US$237 million, up from last year's US$135 million, and the companies expect this year's show to generate almost US$1.1 billion within a year.
He added that market demand is not dropping, even though the German government is likely to cut solar subsidies in July.
The three-day expo attracted a record high of about 72,000 visitors from around 150 countries. (By James Lee) ENDITEM/J
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