by Staff Writers
Nanjing, China (SPX) Oct 28, 2015
China Sunergy has announced that the Company's solar cell factory in Incheon, Korea has started formal operation. Located in INCHEON-SI, KOREA, the factory covers an area of approximately 5000 m2 , and has annual production capacity of 200MW. The factory started trial production in May 2015, and turned into formal operation recently.
According to current plan, once the capacity utilization rate at Korea plant reaches 80% or higher, China Sunergy will consider expanding the total production capacity of solar cells in the Korea plant to 500MW by building additional solar cell production lines . In addition, the Korea plant has begun the cooperation with local solar module manufacturers to produce CSUN-branded solar modules in order to vertically integrate its supply chain.
Mr. Tingxiu Lu, Chairman and CEO of China Sunergy commented, "We are delighted to see our facilities in Korea start formal operation. As another major step forward in CSUN's global operations strategy, the Korea plant is able to efficiently serve customers across Eastern Asia and even Asia-Pacific region, where represent growing demands for alternative energy consumption."
"Since the inception of our first oversea plant - Turkey plant, our efforts to diversify CSUN's manufacturing base never stop. The move helps to enhance our global supply chain, gain access to local customers and minimize potential negative impacts from anti-dumping cases in the US, EU, or elsewhere. Looking ahead, we will continue to improve our cost competitiveness and strengthen our global footprint by the combination of moving our existing facilities in mainland China and building new facilities in the countries which have cost and geographic advantages." Mr. Lu added.
All About Solar Energy at SolarDaily.com
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|