Taiwan-based solar firm Tainergy has recently seen orders for solar modules increase from Japan and Indonesia. In particular, the modules have been supplied to the public sector in Indonesia, showing growth in the Southeast Asia market.
According to Kevin Hsieh, president of Tainergy, the firm's capacity has been moving towards integration which has been beneficial for the firm's sales. Tainergy has 100MW of module capacity, and since the second quarter, the firm has been seeing increasing capacity utilization.
Hsieh noted that due to high subsidies, module orders from Japan have been increasing and customers have been accepting reasonable quotes. However, Japan-based customers have relatively strict quality requirements.
In addition, Tainergy has shipped 0.5MW of modules to the public sector in Indonesia. Grid parity for power generated by solar has been one of the most important policies in the country.
Hsieh added that the solar market has been suffering from oversupply and firms cannot just expand capacity to increase competitiveness. Solar firms should value the strength of relationships with customers.
Tainergy reported the lowest third-quarter net loss among Taiwan-based solar peers.
