May 19, 2010 /EIN Presswire/ — Effects of the eurozone fallout are already being felt in Taiwan’s solar energy industry.

According to Digitimes, Taiwanese solar-cell manufacturers saw a loss in the first quarter due to depreciation of the euro. Because European companies make up a majority of buyers for solar cells, the euro is used as the benchmark for the cells.

On the other side of the coin, solar wafer producers have avoided taking much of a hit from the euro’s fall as polycrystalline silicon and wafer shipments are counted in dollars.

Read more at Solar Energy Industry Today:
Taiwan Solar Energy news – http://solarenergy.einnews.com/taiwan/
Solar Cells news – http://solarenergy.einnews.com/news/solar-cells

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