United Renewable Energy to Phase Out PERC Production Lines

MT Newswires Live

06/05

United Renewable Energy (TPE:3576) will phase out its PERC production lines as part of a strategic shift.

The company is focusing on TOPCon technology and energy storage to stay competitive amid changing market trends, according to a Wednesday Taiwan Exchange filing.

The decommissioning process will occur in two phases and will be completed by the fourth quarter.

Affected employees will be offered internal transfers or severance and career transition support per labor laws, the solar energy company added.

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