D
Danen
A professional manufacturer of multicrystalline wafers
About Danen
Danen Technology Corporation, established in November 2007, is a publicly traded company based in Taoyuan City, Taiwan. Initially a professional manufacturer of multicrystalline silicon wafers for the solar industry, the company has undergone a strategic transformation. Historically, Danen focused on producing high-efficiency solar wafers, ingots, and bricks, serving global tier-one solar cell manufacturers. The company rapidly scaled its operations, completing its first 120MW capacity plant in 2008 and expanding to a total capacity of 330MW by early 2011.
The business model originally centered on the research, development, and manufacturing of solar silicon chips and providing customized OEM services. It catered to the high-growth clean energy sector, leveraging its proprietary production and slicing technologies to supply major solar cell companies in Taiwan, Europe, and Asia. However, facing challenging market conditions in the solar industry, Danen has pivoted its primary business operations. Currently, the company's main source of revenue is the sale and trade of electronic materials.
In its current operational phase, Danen's product portfolio primarily includes memory chips (DRAM Chip Original & Re-ball) and modules (Long DIMM & SODIMM) from major brands like Hynix and Samsung. The company also trades in components for electric-assisted bicycles, such as Shimano motors and other parts. While maintaining these new revenue streams, Danen continues to explore opportunities to re-engage with the green energy sector. The company is actively assessing potential partnerships and new directions within the renewable energy value chain, specifically looking at solar photovoltaics, energy storage systems, and the electrification of transportation to align with global net-zero initiatives.
Source: Dealroom company dataAt a glance
- Founded
- 2007
- Headquarters
- Taoyuan City, Taiwan
- Sector
- Energy
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