The new factory will be situated only eight kilometers from its current solar cell faccility and will be built in partnership with two Chinese state-owned enterprises.
Contributing about 61 percent of the capital for the project, Canadian Solar will partner the Suzhou New District Economic Development Group Corporation and the Suzhou Science and Technology City Development Co. Ltd.
After local permits are completed, the company hopes to begin construction immediately, with the full "ramp-up" target scheduled for 2012, the company said in a statement.
Canadian Solars Shawn Qu commented: "This is a major development, as we move toward more substantial wafer, cell and module integration. We will be able to put the cell production capacity in place needed to meet higher customer demand levels."
Until the new facilities are in full production, Ontario based Canadian Solar will continue to utilize third party cells versus internally produced cells in their modules. Through the new facilities and current manufacturing output, the company claimed to be on track to reach its two gigawatt production goal, from wafer to cell and module, by the beginning of 2012.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
Jonathan Gifford
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.