Xinhua Silk Road: GCL-SI to build 60GW module factory in Hefei, east China
PR83559
BEIJING, April 3, 2020 /PRNewswire=KYODO JBN/ --
GCL System Integration Technology Co., Ltd. (GCL-SI) (002506.SZ), a leading PV
company in China, recently announced a plan to build a 60GW module factory in
Hefei, capital of east China's Anhui Province.
Photo - https://photos.prnasia.com/prnh/20200402/2767714-1
According to the agreement it signed with the Government of Feidong County
recently, GCL-SI will invest a total of 18 billion yuan in the project which
will be built in four phases, each with a production capacity of 15GW, from
2020 to 2023. The first phase requires a total investment of 5 billion yuan and
is expected to start operation this year.
Upon completion of the project, GCL-SI will have the world's largest module
production capacity, said the company.
"This is another solid step in the dual-main business operation strategy
(namely, PV+ energy storage)," said Eric Luo, chairman of the listed company,
"GCL-SI welcomes upstream and downstream companies in the industrial chain to
come to Feidong and build a super PV intelligent manufacturing base together."
The new factory will focus on producing 210mm high efficiency modules and is
also capable of manufacturing 166mm and 158.75mm modules. Automatic and
intelligent production technology will be fully applied in the factory, with
the big data support, according to Luo.
Feidong, a county of Hefei City, stated that it aims to create a super PV
intelligent manufacturing base which is expected to accommodate cells,
backsheet, glass and other supporting supply chain companies.
Cooperation between GCL-SI and Feidong County is based on their consensus on
the promising development of the semiconductor and PV industries. GCL-SI has a
faith on the PV development in the context of the global energy transition, Luo
added.
GCL-SI's optimistic outlook on the PV market has been echoed by the forecast
made by the International Energy Agency (IEA) which expects the global
cumulative installed capacity of PV to reach 1,721GW by 2030 and 4,670GW by
2050.
At present, GCL-SI's module production capacity is 7.2GW, with its products
covering both monocrystalline and polycrystalline.
SOURCE Xinhua Silk Road
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Link: http://asianetnews.net/view-attachment?attach-id=361304
Caption: GCL-SI signs an agreement with the Government of Feidong County in Hefei,
capital of east China's Anhui Province, March 27, 2020.
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