Sunergy announces 1 GW expansion27. June 2011 | Markets & Trends, Global PV markets | By: Jonathan Gifford
China Sunergy Co. has announced that it will expand its manufacturing facility in the Jiangsu Province by one gigawatt (GW). The expansion will focus on the production of its Quasar cells.
The expansion will cost an estimated $280 million (RMB 1.8 billion) and the first batch of cells from the 500 megawatt (MW) lines is expected to be produced in the first half of 2012. Quasar cells have an average efficiency of 18.55 percent from, "the best batch," the company said in a statement.
China Sunergy hopes to increase this efficiency to 19 percent within one year, on the 500 MW line and then 20 percent within two years. Sunergy’s Chief Technology Officer added in the statement: "This level of efficiency, produced at this scale, will reduce costs significantly for our customers."
Land has been provided in the Yi Zheng Economic Development Zone for the facility.
Keep your finger firmly on the photovoltaic pulse: sign up for our daily newsletter
- 3579 views
- 3485 views
- 3399 views
- 3296 views
- 2628 views
Want to publish your press releases for free? Simply log in or register, enter the information you want to appear and we'll publish it for you!