BREAKING: Taiwan solar merger mooted as Gintech, NSP and Solartech to suspend trading on Monday

Three of Taiwan’s largest solar cell and module manufacturers – Gintech, Neo Solar Power and Solartech – will suspend common stock transactions next week, prompting rumors that a merger between the three firms could be on the cards.

Taiwanese solar cell giants Neo Solar Power (NSP), Gintech and Solartech will cease trading on the Taiwan Stock Exchange on Monday, October 16 – fuelling rumors that the three companies could merge into one.

An official announcement is expected from all three firms next week, but pv magazine sources in Taiwan suggest that the ceasing of trading points to either a merger of the three firms or the creation of a „cell super league“, says independent solar analyst Corrine Lin.

„If Gintech, NSP and Solartech were to merge they would have a combined cell production capacity of approximately 4.5 GW, making …

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