Reported 8 months ago
Greatek (2406) has joined the trend of selling electricity, while its subsidiary Systek (3691) has benefited from a doubling of TOPCon slurry usage, leading to a strong performance this year. Greatek's stock price surged by 6.08% on the 21st, closing at NT$23.55, breaking through all resistance levels. The group aims to provide a one-stop service from power generation to electricity sales, targeting to reach 30MW by 2024–2025. Greatek established Greatek Energy last year to maximize the benefits of project investment and evaluation, and received a license in February, focusing on selling electricity by planning its own projects to expand site development and serve green energy users. With Systek's significant growth in solar energy conductive plasma shipments, Greatek's consolidated revenue in the first five months of this year reached NT$3.263 billion, a year-on-year growth of 95.7%.
Source: YAHOO