Taiwan-based Inventec Group aims to increase revenues from PV business operations to NT$15 billion (US$517 million) in 2014, hiking 50% on year, according to group president Yeh Kuo-I.
Inventec Solar Energy and Inventec Energy, two members of the group, produce polycrystalline silicon solar cells and PV modules respectively.
Inventec Solar Energy began to profit in early 2013 and aims to cover its cumulative loss of N$1 billion by the end of 2014, Yeh said. Inventec Energy will expand its production capacity to four times the current level in 2014, becoming the largest Taiwan-based PV module maker, Yeh noted.
Inventec, the flagship member of the group, will expand the notebook production capacity at its factory in Chongqing, western China, by 10 million units a year.