Taiwan enterprises focused downstream stations development, clearance battery factory in Malaysia

Taiwan's AU Optronics and American Science and Technology announced that it would dispose of Malacca in Malaysia SunPower joint venture AUO SunPower Sdn.Bhd. (AUSP) common shares, and funded by the partners of $ 170 million yuan acquisition of SunPower. EnergyTrend analysis team believes AUO solar energy related business through reorganization, focusing on the cause of the downstream power plant.

AUSP established in 2010, currently has about solar cell production capacity of 800MW, including high efficiency back contact solar cells, this batteries also can be used in solar powered portable generator. For the solar-related businesses focused on power generation systems and power plant management, AUO decided clearing AUSP total 1.1 billion shares of 2,875.5 million shares, and $ 0.15 per share, a total of 170 million dollars sold to the joint venture partner SunPower.

AUO is estimated to be recognized related to a loss of about $ 7 million in the third quarter , and stressed that this is not the loss of cash, but will generate cash flow. The transaction will be completed before the end of September. AUO also said the company has signed a 100MW high efficiency back contact solar module supply contract with E-Series SunPowerSystemsSarl, will help the company develop power plant business.

According to EnergyTrend understanding, AUO's preliminary power plant will cause the Taiwan market oriented. AUO with the brand and experience, and is a Taiwanese company, has its niche in the development of Taiwan.

SunPower plan to upgrade Malaysia plant

SunPower CEO of TomWerner said that in the continued development of solar energy industry, which is alo good for portable solar power generator market, the cost of solar power will gradually decrease. AUO acquired AUSP holdings, will help SunPower high-efficiency solar cells master of their own production units required for future upgrades and expansion.

SunPower said the company expected to Upgrade LEDD certified Malacca plant, prepare the required expansion in the future. Werner noted that the acquisition of AUO AUSP holdings, allowing SunPower to take further technology upgrades to reduce costs, plan of action within the capacity expansion and the like.